In 2022, a covert practice by unscrupulous lawyers targeting insurers was uncovered by Demotech Inc., a financial analysis firm serving the property/casualty insurance sector. Demotech’s research conducted with Todd Kozikowski exposed troubling trends detailed recently. A sharp rise in claims …
Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring …
There was an increase in cases involving business liability, business interruption and non-hurricane homeowners policies in 2023 amid an overall drop in insurance cases in 2023, a new report shows. A report from Lex Machina, a LexisNexis company, examines insurance …
Litigation conditions in the industry continue to evolve with representation rates, litigation rates and litigation costs increasing, according to a new report from Sedgwick. The report portrays a challenging and evolving legal landscape in 2024. Among the key findings in …
Near fields awash with strawberries and greens, Ileana Miranda and her family pay $72 a month to get water piped into their home in a rural California community __ and that`s before they consume a drop. They pay to bring …
As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies’ activities, leading to wins on issues like “climate-washing” but also backlash as companies file countersuits. In the last five years, the number of …
Universal Property & Casualty Insurance Co. officials are discounting the significance of recent Florida judges’ rulings that have slammed the company for violating court orders, have forced Universal to default on lawsuits, have referred a Universal lawyer for disciplinary action, …
At least six major U.S. companies including JPMorgan Chase have modified policies meant to boost racial and ethnic representation that conservative groups threatened to sue over, a Reuters review of corporate statements has found. The companies are among 25 that …
A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L’Oreal USA, Revlon and others cause cancer and other injuries. Illinois-based U.S. District Judge Mary Rowland …
A divided federal appeals court on Tuesday said California cannot require businesses to warn consumers about the potential dangers of glyphosate, an ingredient in Roundup weedkiller that has been linked to cancer. Upholding a permanent injunction, the 9th U.S. Circuit …