Louisiana lawmakers passed several bills last legislative session in response to insurers’ handling of recent natural disasters, five of which went into effect Jan. 1, 2023. The legislation resulted from a shaken homeowners insurance market that experienced eight insurers leave …
WEED, Calif. (AP) — A lumber company that owns a Northern California wood veneers manufacturing plant linked to a deadly fast-spreading blaze that killed two people and sent thousands fleeing for their lives has reached a settlement agreement with more …
A New Orleans, La., judge has brought in a mediator to try to work out a settlement with hundreds of people who claim damage from collapse of part of a hotel under construction nearly three years ago. Plaintiffs say they …
Insurers and the Roman Catholic Diocese of Rochester have agreed on a schedule for discovery and a bankruptcy court trial regarding a proposed $147 million settlement to cover sex abuse claims against the church. The proposed settlement was reached after …
A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give insurers another tool that could be used to stem the tide of claims litigation. In AirBnB Inc. vs. John Doe, …
OxyContin maker Purdue Pharma reached a settlement Thursday over its role in the nation’s deadly opioid crisis that includes virtually all U.S. states and thousands of local governments, with the Sackler family members who own the company boosting their cash …
Bayer AG settled thousands more U.S. lawsuits over its Roundup weed killer after criticism that the company was failing to uphold an $11 billion deal it announced in June to resolve the massive litigation. The agreements, revealed in a court …
The estate of Sears Holding Corp. is trying to take back payments it made to vendors – many of them small businesses – more than a year ago as it tries to shore up funds to wrap up its bankruptcy …
A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer. Feinberg has been instructed to meet with lawyers for …
BOSTON — Sue or settle? Mediate or litigate? Attorneys and risk managers on Tuesday tapped into years of experience to suggest strategies that will lead to the right approach for resolution of claim disputes during the Risk and Insurance Management …