Litigation/Liability Trends
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 ...
Allied World Eyes Medical Facility Coverage Opportunities in the U.S.
Switzerland's Allied World Assurance Company Holdings sees insurance opportunity in the U.S. for broad medical facility coverage, and is launching a new product grouping to capitalize on the ...
CNA Wants 11,000 Former Employees to Give Up Their Pensions
CNA Financial Corp., the commercial insurer majority-owned by Loews Corp., offered lump-sum payments to 11,000 former employees to encourage them to give up their pensions. The program could reduce ...
AAA: Sleepy Drivers Trigger More Auto Accidents Than Expected
Auto insurers take note: Drowsy driving leads to motor vehicle crashes at much higher levels than federal statistics currently suggest, a new study has concluded. The AAA Foundation For Traffic Study ...
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 ...