The devastation wrought by the 416 Fire, which torched about 54,000 acres of forest north of Durango in 2018, and the damage inflicted by the rains that caused floodwaters and mudslides to flow from the burn scar were two different ‘occurrences,’ says the Durango & Silverton Narrow Gauge Railroad.
In its 2023 report on trends in directors & officers (D&O) liability insurance policies, Allianz Global Corporate & Specialty highlighted risks associated with evolving ESG regulation and the increasing pace of climate change litigation. According to the report, "companies continue to see pressure around ESG issues as regulations are implemented around the world.
We are halfway through 2023, and it’s already been another blockbuster year in the biometric litigation universe. The main characters are back -- the Illinois Biometric Information Privacy Act (‘BIPA’) and the justices of the Illinois Supreme Court.
When a construction-related legal dispute cannot be resolved by the parties themselves or with the help of a mediator, a party may feel it has no choice but to take the case to trial -- either to force an adversary to get serious about settlement or because the party believes only a judge or jury could break the deadlock.
A fire at a New York City e-bike shop quickly spread to upper-floor apartments and killed four people early Tuesday in the latest deadly blaze linked to exploding lithium ion batteries.
Insurance companies are obligated to investigate and make claims decisions based on informed judgments. Claims adjusters rely on various experts and their investigations to make educated claims decisions and combat the prevalence of false or inflated claims.
A jury on Wednesday ordered the electric utility PacifiCorp to pay punitive damages for causing devastating wildfires in Oregon in 2020 -- on top of an earlier verdict already expected to amount to billions of dollars.
Escalating claims alleging excessive force by police officers, rising liability awards and increased mental health concerns for officers are among the top risk management challenges for public entity risk managers, experts say.
A jury in the northwestern U.S. state of Oregon on Monday found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it liable for broader damages that could push the total award into the billions.
A California jury has returned a $63 million verdict against Chevron after finding the oil giant covered up a toxic chemical pit on land purchased by a man who built a house on it and was later diagnosed with a blood cancer.
The idea has been floated for years, and it may seem straightforward enough: if gun owners were required to purchase liability insurance, proponents argue, they would have to follow safe practices to limit their financial and legal risk, thus reducing incidents of gun violence.
Lawyers for the family of Alex Murdaugh’s late housekeeper Gloria Satterfield -- who died after a fall at the family’s home in 2018 -- have responded to Murdaugh’s motion to vacate his confession of stealing over $4 million in insurance money meant for Satterfield’s family.
Climate litigation is now widely acknowledged as a real and imminent threat to governments, public bodies, and company boards, particularly in carbon-intensive sectors like energy and heavy industry.
A Black former Tesla employee is seeking to expand his 2017 lawsuit against the automaker, alleging racial discrimination and a hostile work environment. Marcus Vaughn, the original plaintiff, has filed a request for class-action status, supported by sworn statements from nearly 240 other Black former workers and contractors.
In a significant development, Attorney General Dana Nessel announced on Monday that a plastics manufacturing company has agreed to address the PFAS (per- and polyfluoroalkyl substances) pollution at the site of its former facility. This marks the first settlement resulting from a series of PFAS lawsuits filed by Nessel in 2020.