Claims / Legal
Regulatory Weaknesses, Politics Driving California Exits, Industry CEOs Say
A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in the state of California at an industry conference in late June, pointing ...
Mass. Judge Denies Class Action Certification of Diminished Value Claims
A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then ...
Titan Sub’s Unique Design May Have Destined It for Disaster
The deadly implosion of the Titan submersible raises questions about whether the vessel exploring the Titanic wreckage was destined for disaster because of its unconventional design and its creator's ...
Court Rules U.S. Must Pay For Contributing to 2011 Mo. River Flooding
The U.S. government may have to pay tens of millions of dollars—or more—to landowners along the Missouri River after a court ruled it worsened flooding there since 2007 that killed crops and ...
Judge Fines Lawyers $5,000 For Using Bogus Case Law From ChatGPT
A federal judge on Thursday imposed $5,000 fines on two lawyers and a law firm in an unprecedented instance in which ChatGPT was blamed for their submission of fictitious legal research in an ...
Titanic Sub Victims’ Families Could Sue Despite Liability Waivers
Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel's owner from potential lawsuits by the victims' families, legal ...
Insurer Must Defend Firm Sued for Selling Facial Recognition Program to Police
An ambiguous coverage exclusion prevents a liability insurer from dodging the cost of defending a data broker that was sued after selling the Chicago Police Department ...
How Lawyers Sank Florida Carriers — and Target ‘Travellers’ With SEO
A troubling phone exchange reveals a problem for insurance carriers that started in Florida and is expanding beyond the state's borders, according to an actuary who ...
Social Inflation Hits Insurers, Not Economies
You know things are bad when the term "nuclear" is deemed inadequate to describe the rise in legal verdicts against corporations.