Litigation/Liability Trends
Florida’s Citizens Revises Ian Loss Estimate to $3.8B, Including Litigation Expenses
Direct losses, litigation and other expenses from Hurricane Ian will reach $3.8 billion for Florida's Citizens Property Insurance Corp., but that's still below the threshold that would trigger an ...
California Sues Over ‘Forever Chemicals’ That Taint Water
A lawsuit filed by the state of California accuses 3M, Dupont and 16 smaller companies of covering up the harm caused to the environment and the public from chemicals manufactured by the firms that ...
Google to Pay About $400 Million to Settle Location-Tracking Lawsuit
Alphabet's Google will pay about $400 million to settle a complaint brought by a group of states over allegations the search and advertising giant illegally tracked users' locations, two people ...
Ruling Exposes Gov’t to More than $1B in Damages Because of Harvey Flooding
A federal court has found the U.S. government liable for $455,000 in damages to six claimants whose homes were flooded by water backed up behind two dams near Houston during Hurricane Harvey — but ...
Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement
Teva Pharmaceutical Industries will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. opioid epidemic. The settlement ...
Twitter Sued for Mass Layoffs by Musk Without Enough Notice
Twitter Inc. was sued over Elon Musk's plan to eliminate about 3,700 jobs at the social media platform, which workers say the company is doing without enough notice in violation of federal and ...
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources
CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains ...
GEICO Faces California Class Action Claiming It Overcharged for Car Insurance
A federal judge on Monday said a lawsuit accusing GEICO Corp. of overcharging more than 2 million California policyholders on car insurance early in the COVID-19 pandemic may proceed as a class ...