In 2022, class action lawsuits, which can create crises for companies and organizations, set new records for the amount of settlements in product liability, consumer fraud, antitrust, and other cases. The total value of the settlements exceeded $63 billion.
A federal judge recently told 3M that it may not use ‘bad faith manipulation’ to avoid its responsibility in a slew of cases against the multinational conglomerate for its allegedly defective earplugs.
In Yahoo Inc. v. National Union Fire Ins. Co. of Pittsburgh, the California Supreme Court applied established rules of policy interpretation and found that the definition of ‘personal injury’ in Yahoo’s policy was ambiguous.
According to a report from the Government Accountability Office, in 2021, American businesses and individuals were the targets of 26,074 cyber incidents, which resulted in almost $2.6 billion in economic loss.
Class action lawsuits have long been drivers of social inflation for insurers that provide product liability overage. But now a new legal vehicle, the ‘mass tort,’ looks to be waiting in the wings.
The owner of a Kentucky candle factory that was destroyed in a deadly tornado last year is facing another lawsuit from workers alleging they were threatened with termination if they left before the disaster struck.
Insurance groups argue that new laws in California and New Jersey that raise the minimum auto liability coverage required for drivers may cause price-sensitive consumers to drop their coverage.
An 18-year-old man is charged after the vehicle he was test driving veered off the road and slammed into an Elmhurst home on Monday, according to police.
‘Go back to work.’ Those words from the general contractor precipitated the subcontractor employee’s injury. Still, the general contractor was not liable.
There’s a lot of freight to haul, and some would have the public believe that unsafe players haul most of it. Of course, there are still operators today that knowingly hire suspect CDL holders to operate 80,000-lb. machines that are old, poorly maintained, and still run a lot of miles. But this--in no way -- represents trucking as a whole.
The United States District Court for the Northern District of Illinois, applying Illinois law, has held that an insurer had a duty to defend an insured condominium association and its board members against an underlying lawsuit because the association’s board members allegedly committed ‘Wrongful Acts’ under the directors and officers coverage part of a business liability policy.
Bankrupt Catholic dioceses are buckling to child sex abuse victims’ payout demands by offering them valuable rights to directly sue church insurers, riling up questions about the legality of such deals.
Wolverine Worldwide operated a shoe making factory in Kent County, Michigan. As part of the shoe production process, chemicals were used to create waterproof material. These chemicals? Per- and polyfluoroalkyl substances.
