Benefits

Former M&A Partner Wins $490K in Fees and Disability Benefits Settlement against Insurance Giant

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NEW YORK (AP) — A former mergers and acquisitions partner at a prominent law firm has been awarded hundreds of thousands of dollars in fees, costs, and interest in a disability benefits case against an insurance company. Edward Chung, a former partner at Simpson Thacher & Bartlett LLP, recently won a lawsuit against Provident Life & Casualty Insurance Co. In addition to receiving $20,000 in monthly disability benefits, Chung has also been granted approximately $490,000 in fees, costs, and interest. The decision was made by a Manhattan federal judge who found that Chung’s requested attorneys’ … Read more

New Oklahoma Laws Take Effect: Medical Marijuana, Cancer Care, and Tax Benefits for Caregivers

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Oklahoma, USA – As the new year begins, Oklahoma residents are now subject to a range of new laws. These laws cover various areas such as medical marijuana regulations, cancer care, and tax cuts for caregivers. Here is a roundup of the key laws that went into effect on January 1. One significant change involves health insurers now being required to cover the costs of biomarker testing. Advocates and lawmakers believe that this testing will lead to shorter and more effective cancer treatments. State Representative Paul Rosino emphasized that this law could potentially save lives. … Read more