settlements News

APCIA Joins Group Pushing for Reforms on Litigation Funding

A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding (CFLF) said it is …

Updated CMS Guide Spells Out the Risk of Skipping CMS Review of Work Comp Settlements

Insurers that are inclined to skip a government review of proposed workers’ compensation settlements may think twice about that strategy because of an updated policy guideline issued by the Centers for Medicare and Medicaid Services on Jan. 11. For the …

Law Firm: Workplace Class Action Settlement Costs Reached Record $3.6B in 2021

The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the Seyfarth Shaw law firm …

Judge to Consider Lowering $7M Bond For Alex Murdaugh

COLUMBIA, S.C. (AP)–Prominent South Carolina attorney Alex Murdaugh was scheduled for a virtual hearing Monday as a judge could consider lowering the $7 million bond she set last month. Murdaugh’s attorneys are asking Circuit Judge Alison Renee Lee to reconsider …

Archdiocese of Santa Fe’s Bankruptcy Case Plods Along

SANTA FE, N.M. (AP–The Archdiocese of Santa Fe’s Chapter 11 bankruptcy efforts have plodded along for three years with no end visible in the case involving more than 400 clergy abuse victims. Lawyers say three years is a comparatively long …

Florida District to Pay $26 Million to Shooting Victims

FORT LAUDERDALE, Fla. (AP)–The Broward County, Florida, school district will pay more than $26 million to the families of 17 people killed and some of those injured in the 2018 Valentine’s Day massacre at Marjory Stoneman Douglas High School. Board …

Insurers Tapped to Pay Growing Number of False Claims Act Actions

A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of settlements may spell trouble for commercial liability insurers. Policyholder attorney Geoffrey B. Fehling, with Hunton Andrews Kurth in Washington …

Boy Scouts Lawyers Eye New Bankruptcy Reorganization Plan

DOVER, Del. (AP) — Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been roundly criticized by …

Irish Central Bank: We’ll Act Against Insurers Who Don’t Pay COVID-19 Claims

DUBLIN — Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful test case in court last week, or risk facing legal action by the regulator. Ireland’s High Court ruled …

Bayer Settles Thousands More Roundup Suits

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 …