Claims / Legal
Hail, Convective Storms, Population Now Driving Billions in Losses — Is the Industry Prepared?
Hurricanes in the East. Wildfires in the West. Those are the big disasters that grab the headlines and are driving property insurance costs and cancellations, to a large degree, right? Yes, but ...
Class Action Against USAA; Failure to Pay Lessees Residual Value of Totaled Cars Alleged
A recently filed class action lawsuit in a California District Court accuses USAA General Indemnity Company of deceptive and unfair practice for failing to pay insureds the amount owed after leased ...
The Legal Tensions of Collaboration and Competition in the Life Sciences Industry
Moderna's suit against Pfizer and partner BioNtech over alleged COVID-vaccine-related patent infringement — and the targets' countersuit — might suggest an abrupt return to business as usual ...
PE Firm Exploring Sale of Car Insurance Software Vendor CCC
Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, ...
Climate Change Sends Most Indicators of Earth’s Health Into Danger Zone: Study
From dangerously warm temperatures to vast species extinctions, humans are living on a planet that is becoming inhospitable—with only three key health markers considered safe, according to a new ...
U.S. Weather Disasters Set Billion-Dollar Record With Months To Go
The deadly firestorm in Hawaii and Hurricane Idalia's watery storm surge helped push the United States to a record for the number of weather disasters that cost $1 billion or more. And there's still ...
Jury Awards $745M in Death of Woman Struck by Driver Who Used Inhalants
A Missouri jury has awarded $745 million to the parents of a young woman killed on a sidewalk outside an urgent care center by a driver who huffed nitrous oxide canisters right before the accident. ...
Judge in $6B 3M Settlement Issues Order to Stop Litigation Funding
A federal judge has barred attorneys and claimants involved in 3M's $6 billion settlement with U.S. military service members from any third-party litigation funding agreements. District Judge M. ...