Facebook (FB)-parent Meta has agreed to pay $90 million to settle a decade-old class action lawsuit over a practice that allowed the social network to track users’ activity across the internet, even if they had logged out of the platform.
In West Bend Mutual Insurance Company v. Community United School District 300, 2021 IL App (2d) 210108, the insurer sought a declaration that it had no duty to defend an additional insured, a school district, in connection with several lawsuits filed on behalf of minors.
The US is the centre of the world’s third-party litigation finance (TPLF) industry, in which investors such as hedge funds and family offices finance legal action against companies.
Legislators, safety advocacy groups, and others are mulling over not only the safety of semi- or fully autonomous vehicles (AVs) but who is at fault and accountable when they’re involved in crashes. So how does that affect insurance and repairers?
With the advent of the COVID-19 pandemic and lockdown orders, Zoom quickly became the platform du jour for mediations – allowing people to participate ‘live’ from across state lines, borders, and continents. Against that backdrop, questions about which jurisdiction’s confidentiality laws would apply to any given mediation were called into question.
Numerous class action suits have been filed against auto insurers regarding the valuation of vehicles that are total losses. These cases typically allege that insurers are undervaluing vehicles in some common way or in violation of a state regulation.
The families of victims of the 2012 Sandy Hook Elementary School massacre in Newtown, Conn., have reached a settlement in their lawsuit against the maker of the AR-15-style weapon used in the attack.
California’s Department of Fair Employment and Housing is suing Elon Musk’s company Tesla over racism and harassment toward Black employees at Tesla’s plant in Fremont, Calif., according to a lawsuit filed by the state this week. The company has called the lawsuit "unfair."
A Tesla Model 3 crash that killed a woman was allegedly caused by failures of the Autopilot system to prevent the Model 3 from slamming into the rear of a firetruck.
The United States Court of Appeals for the Fifth Circuit recently confirmed that liability insurers have a duty to defend their insureds in construction defect cases when the underlying complaint alleges damage to property beyond the product and work of the insured, even if the complaint merely implies that the insured seeks such damage, without explicitly alleging so.
Landmark American Insurance Co. v. SCD Memorial Place II, L.L. C., No. 20-20389 (5th Cir. Feb. 3, 2022), involves whether an insurance policy covered flood-related damage sustained by a building during Hurricane Harvey. The district court determined that the policy provided coverage and granted summary judgment in favor of the insured.
The phenomenon known as ‘social inflation’ accounted for $20 billion in commercial auto liability claims between 2010 and 2019, a new study by Triple-I and the Casualty Actuarial Society (CAS) finds. Social inflation isn’t a new term. Warren Buffett used it in the 1970s to describe ‘a broadening definition by society and juries of what is covered by insurance policies.’
A federal district court in California has refused to dismiss COVID-19 business interruption coverage filed by a concert promoter against Factory Mutual Insurance Co.
The United States District Court for the Northern District of Ohio, applying Ohio law, has held that a D&O insurer had a duty to defend a wrongful death lawsuit against its insured because of a ‘discrepancy’ between the policy’s exclusion for employment-related wrongful acts and an exception to the policy’s bodily injury exclusion.
After having been signed only a handful of days, a New Jersey statute allowing consumers to file lawsuits accusing auto insurance companies of bad faith had already resulted in one major insurer facing two of those suits.
