Claims / Legal
Federal Appeals Court Denies Chubb’s Superfund Subrogation Claim
The U.S. Court of Appeals, Ninth Circuit, affirmed last week that Chubb Custom Insurance Co., part of the Chubb Group of Insurance Cos., cannot recoup $2.4 million from its subrogation suit under the ...
Too Much Analysis Primes Whistleblower Suits: Lawyer
If your company uses a detailed analytical process to arrive at projections of growth or earnings, that process may make you particularly vulnerable to shareholder suits when forecasts don't pan out, ...
NICB Says Staged Accidents Targeting Big Rigs Could Turn Deadly
The National Insurance Crime Bureau (NICB) warned drivers in the Las Vegas area to be on the lookout for criminals targeting trucks in a deliberate attempt to cause an accident for the purpose of ...
Directors & Officers Liability Market Firming: Towers Watson Survey
The directors and officers liability market continued to see price increases in 2012, with more private/not-for-profit organizations reporting rate increases than public organizations but, according ...N.Y. Proposes Establishing Private Right of Action for Insureds Suffering Disaster Losses
A New York legislator proposed a new bill that would establish a private right of action for the insured for unfair insurance settlement practices when the claim relates to loss or injury in regions ...Illinois Deal On Fracking Could Be National Model
After years of clashing over the drilling method known as hydraulic fracturing, or "fracking," the oil industry and environmentalists have achieved something extraordinary in Illinois: They sat down ...
Computer Model May Help Athletes Avoid Brain Damage, Concussions
Concussions can occur in sports and in combat, but health experts do not know precisely which jolts, collisions and awkward head movements during these activities pose the greatest risks to the ...
Activist Brockovich to Speak With Residents Near Louisiana Sinkhole
Environmental activist Erin Brockovich and a California attorney hired by a group of Assumption Parish, La., residents are coming to Pierre Part to discuss the legal options for residents evacuated ...