Litigation/Liability Trends
Insurer vs. Broker: Court Rules Against WTW in D&O ‘Bump-Up’ Dispute
A judicial panel of the Fourth Circuit Court of Appeals has ruled insurance broker Towers Watson may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related ...
Twitter Beats Two Lawsuits Stemming From Mass Layoffs, for Now
A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc. of targeting female employees for layoffs after Elon Musk acquired the company last year but said ...
Insurance Could and Should Help Drive Gun Safety Efforts, Survey Says
Three out of four Americans believe gun owners should be required to have firearm liability insurance. Those are the numbers out of a new ValuePenguin survey of 1,995 people ages 18 to 77 exploring ...
Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding
Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major contributor to increases in frequency ...
NJ Court Affirms Merck Ruling: War Exclusion Does Not Apply to Cyber Attack
The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in drugmaker Merck & Co.'s all-risk property insurance policies does not apply in ...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits
A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for allegedly hiding risks that led ...
Altria Tells Jury It Didn’t Benefit From Juul’s Marketing to Young Users
Altria Group Inc. didn't benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant's lawyers told a jury in a trial over whether it helped the e-cigarette maker promote sales ...
Tesla Wins Bellwether Trial Over Autopilot Crash
A California state court jury on Friday handed Tesla Inc. a sweeping win, finding the electric vehicle maker's Autopilot feature did not fail in what appeared to be the first trial related to a crash ...