A lawsuit filed against USAA by auto insurance policyholder Philip Johnson in California alleges the company has ‘scored a windfall’ of profit throughout the COVID-19 pandemic by continuing to ‘charge and collect excessive premiums’ in 2020 and 2021 despite fewer cars on the road resulting in a decreased number of claims.
The popular Portland-based brewpub, Kells Irish Brewery, has filed a $2 million federal lawsuit against the Continental Western Insurance Company for allegedly refusing to pay for business losses caused by COVID-19 shutdowns.
A policyholder cannot sidestep its insurer by collecting a $22 million claim from 10 reinsurers and insurance brokers, a federal appeals court said Friday, in a ruling involving a Willis Towers Watson PLC captive manager.
After the end of a half-hour hearing in federal court on Monday, the presiding judge removed his black robe, stepped down from the bench and chatted with the attorneys and the plaintiffs who were present. After nearly six years, U.S. District Court Chief Judge Geoffrey Crawford said he wanted to personally say goodbye to the people involved in the high-profile case, which had just finally been resolved.
‘Social inflation’ is an important issue to understand, as it has a direct effect on claims-related losses and insurance costs, especially for businesses. The term refers to rising litigation costs and their impact on insurers’ claim payouts, loss ratios and, ultimately, how much policyholders pay for coverage.
As a result of a lawsuit, a Kentucky employer must pay $450,000 to a former employee after throwing him a surprise birthday party. The man, who suffers from panic attacks, had apparently asked his employer not to throw him a surprise birthday party.
Lawsuit abuse continues to be a growing threat to fairness in our legal system and is a substantial contributor to increasing costs of goods and services for individuals, families, and businesses.
In cases alleging bad faith against an insurance carrier, policyholders will often sue employee adjusters or contractors (independent adjusters, engineers, experts) of the insurance carrier in order to keep the case out of federal court. In a legal sense, policyholders sue the employee adjusters or contractors to defeat ‘diversity jurisdiction’ necessary for the federal court to hear the case.
The families of five people killed in the mass shooting at an Indianapolis FedEx facility by a former employee in April 2021 are suing the shipping giant and its security contractor, saying the rampage was "preventable."
Pacific Gas & Electric, the nation’s largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years of oversight in an attempt to prevent more deadly blazes.
A 6-year-old boy suffered a fractured skull and brain damage when he was accidentally hit by a baseball thrown by a Los Angeles Angels player who was warming up before a 2019 game, according to a lawsuit announced Thursday that blames the injury on the team’s negligence.
In a lawsuit stretching back more than a decade, a recent decision by an appeals court in Texas will allow a class action against USAA, related to total losses, to move forward.
