Claims / Legal
Insurers Come Out Ahead in Court With HUD Disparate Impact Ruling
Property/casualty insurer trade groups won a court victory Monday when a federal judge ruled in their favor that the U.S. Fair Housing Act does not prohibit housing practices including the pricing of ...
Boston Scientific Begins Initial Trials For Transvaginal Mesh Liability Cases
Boston Scientific Corp on Monday was set to face its first federal trials in two courts over claims from women who say they were injured by the company's transvaginal mesh devices. One, in ...
The Odds Ex-AIG CEO Greenberg Will Win His Bailout Lawsuit are Increasing
Lawyer David Boies has a shot at an upset win in the trial of Maurice "Hank" Greenberg's $25 billion bailout case against the U.S. government, a turnaround from the weak odds he was given just a ...
No Explosion in Virgin Spacecraft Crash
An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on ...
First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool
Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that ...
AIG Will Fork Over $35M to Settle New York Licensing Issue
Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State ...
PCI’s Gordon: Congressional Leaders Pledge Dec. TRIA Renewal
An executive with the Property Casualty Insurers Association of America said Congressional leaders have offered assurances that they'll reauthorize a version of the Terrorism Risk Insurance Act, or ...
Insurance Coverage Basics for Volcano Claims
Damage caused to property by lava flow, which recently started to move again on Hawaii's Big Island, is covered under a homeowners, renters or business insurance policy, according to the Insurance ...