Litigation/Liability Trends
Class Action Settlements Eclipse $40B in 2024; PFAS Suits Emerging
Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L. Maatman, partner at ...
Texas Lawsuit Alleges Allstate Illegally Collects Driver Data
The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through secretly embedded software in mobile apps and then uses the data ...
NC Supreme Court Bucks Trend, Finds COVID Caused Physical Loss to Restaurants
Courts across the country have overwhelmingly ruled in favor of insurance carriers in claims disputes following the government-ordered closures of businesses during the COVID-19 pandemic. The North ...
Flavored Vape Products Dispute Goes Before U.S. Supreme Court
A dispute over the U.S. Food and Drug Administration's refusal to let two e-cigarette companies sell flavored vape products due to their health risk to youths goes before the ...
U.S. High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S. Supreme Court let stand a lower court's ruling which could force Argo ...
McKinsey to Pay at Least $500 Million in DOJ Opioid Probe
McKinsey & Co. is nearing a deal with U.S. prosecutors to pay at least $500 million to settle federal probes into its past work helping opioid makers boost sales, according to people familiar ...
Hospitals Seen as Potential Growth Area for Litigation Financing
The litigation-financing industry could see new demand from an increase in health care lawsuits, according to Christopher Bogart, chief executive officer of litigation funder Burford Capital Ltd. ...
Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed
The legal squabble between American International Group (AIG) and a startup formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its ...