It was the dead cows on Wilbur Tennant’s farm that shaped most of Rob Bilott’s professional life. Tennant’s farm was located in Parkersburg, W. Va.; Bilott was -- and remains -- an environmental lawyer at the firm of Taft Stettinius & Hollister in Cincinnati. All had been well for Tennant until 1998, when half of his herd of 300 cows began to languish and die.
Increased attorney involvement in commercial claims is a direct cause of substantial loss ratios, with costs continuing to rise. These growing costs result from high legal involvement rates, social inflation, third-party litigation funding and bad-faith lawsuits filed by attorneys.
Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado’s most destructive wildfire in 2021.
Alphabet’s Google (GOOGL.O) was accused in a proposed class action lawsuit on Tuesday of misusing vast amounts of personal information and copyrighted material to train its artificial intelligence systems.
The discovery of the imploded submersible ‘Titan’ has prompted questions regarding OceanGate Expeditions’ liability. While jurisdictional issues and waivers signed by passengers may hinder a lawsuit, misrepresentation of safety could offer a potential legal route. Yet, the company’s possible financial demise following the disaster could render lawsuits moot.
Talk to anyone in claims management, and they’ll tell you the same thing: This particular branch of the industry is here to help produce the best outcomes for policyholders.
Insurance companies have lost control of their claims frequency and the use of technology enabled claims instigation practices to drive more claims through litigation has become a significant social inflationary threat to the industry... .
A California Court of Appeal decision in April could change the landscape for those defending bodily injury claims, potentially preventing defendants from obtaining the mental examinations that they are entitled to as a matter of law.
In a legal battle that sheds light on crucial aspects of cyber insurance, the University of California has initiated a lawsuit against insurance companies operating in the Lloyd’s of London market.
As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. ‘Isn’t it a paradox,’ she wonders aloud, ‘that the love for this world that gets us out in it, sometimes leaves behind the things that can harm it? Flight by flight... ."
We are all aware, some painfully so, of banner headline jury verdicts. They have now breached the $1 billion threshold and are ubiquitous in the news, on billboards, in airports, and just about everywhere else. We also know how we got here... .
In recent years, the use of Google Earth’s satellite imagery has become an increasingly common method for locating or viewing specific addresses. Google Earth uses high-resolution cameras to obtain satellite images, which gives users a bird’s eye view of nearly any location in the world.
On June 27, the US Supreme Court upheld an unusual Pennsylvania law that allows plaintiffs to sue corporations in state court over disputes that have no direct connection to the state.
Hanover Insurance Group Inc.’s recent loss in a face scan privacy dispute provides a roadmap for insurers on how to craft clearer policy language to avoid having to provide coverage for a policyholder’s biometric privacy violations.
Litigation costs are on the rise across the U.S. These increased costs have an impact on federal, state and local governments -- and on insurance carriers and policyholders.
