We’re familiar with the idea of individual physicians holding their own medical malpractice insurance. A new bill introduced in Texas proposes taking this idea of mandatory professional liability insurance and applying it to police officers.
Directors and officers (D&O) liability insurance provides liability coverage to the directors or officers of a company, or to the company itself. D&O policies generally afford coverage for a claim that is first made during the policy period and reported to the insurer in accordance with policy terms.
Around 1 a.m. on March 6, a driverless car from the tech startup Cruise was trying to make a left turn when it encountered something its algorithms probably couldn’t predict: An Infiniti Q50 performing ‘donuts,’ a popular and unlawful pastime for some of the city’s night owls, in the middle of the intersection.
Two more lawsuits have been filed against several companies, including SeaWorld Entertainment, for a December explosion and fire at an Orange County fireworks company’s warehouse that lead to the deaths of four people and one person being severely burned.
More relatives of people shot to death at a Colorado supermarket in 2021 are suing Connecticut-based gun-maker Sturm, Ruger & Co. over how it marketed the firearm used in the massacre, adding to litigation first filed earlier this month against the company.
Businesses and individuals enter into indemnification or hold harmless agreements to protect one party of the transaction from the risks or liabilities created by the other party of the transaction.
A judge has granted class action certification to a lawsuit involving 39 plaintiffs across 26 states -- including Michigan -- that accuses General Motors of knowingly selling cars with faulty transmissions.
Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state’s attorney general said Tuesday.
Signature Bank (SBNY.O) and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator.
As a general rule, if a policyholder reasonably attempts to settle a case for an amount at or within the limits of its insurance policy, the insurance company must put the policyholder’s interests above its own.
This article discusses certain challenges found in the insuring agreements of the Insurance Services Office, Inc. (ISO), commercial general liability (CGL) policy (April 2013 edition).
Pro Football Hall of Famer Michael Irvin and hotel chain Marriott International continue their legal battle following an incident during Super Bowl week in Phoenix. Marriott previously filed a motion asking a federal judge to dismiss Irvin’s $100 million defamation lawsuit and Tuesday asked a judge to deny Irvin’s request for expedited release of hotel video footage.
In its first case about the federal law that is credited with helping create the modern internet, the Supreme Court seemed unlikely Tuesday to side with a family wanting to hold Google liable for the death of their daughter in a terrorist attack.
On Oct. 12, 2022, the Illinois Biometric Information Privacy Act (BIPA), a state law that restricts collection of biometric data, made headlines again when a Chicago jury rendered a $228 million judgment against BNSF Railway Co. in the first BIPA class action to go to trial.