Litigation/Liability Trends

P/C Insurer CFO Viewpoints on PFAS

PFAS was a hot topic at the recent Casualty Actuarial Society Seminar on Reinsurance in June. But at a separate meeting held around the same time—the S&P Global ...

Commercial Lines Not at Top of Cycle; ‘Thieves’ Fuel Social Inflation: CEOs

It's not waning market discipline but the scourge of social inflation that industry leaders of commercial lines insurance businesses see as a potential threat to future profits, a trio of ...

Judgment Day

In May 2022, a judge at the U.S. District Court in Texas ruled that IBM had breached a 2015 licensing agreement signed with a competitor, BMC Software Inc., awarding BMC ...

Supreme Court Overturns Chevron Rule in Blow to Regulators

A divided U.S. Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws, issuing a blockbuster ruling that will constrain environmental, ...

Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida

Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida to work in a new office campus only to have those plans later scrapped amid a fight ...

Facial Recognition Startup Clearview AI Settles Privacy Suit for $50M

Facial recognition startup Clearview AI reached a settlement Friday in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects' privacy rights, a deal that ...

SpaceX Sued by Engineers Fired After Accusing Elon Musk of Sexism

Rocket maker SpaceX and its CEO Elon Musk were sued on Wednesday by eight engineers who say they were illegally fired for raising concerns about alleged sexual harassment and ...

Real Nut Case: Ice Cream Maker Sued Over Lack of Actual Pistachios

Is it nuts to assume a scoop of pistachio ice cream should contain actual pistachios? Or how about real butter in a dish of butter pecan? Such weighty questions about a favorite summertime confection ...

Nuclear Verdicts’ Amount, Frequency Continue to Increase: U.S. Chamber of Commerce

A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of $10 million or more are on the rise. Looking at verdicts from 2013 to 2022, ILR ...