Litigation/Liability Trends
Social Inflation Hitting the Insurance Industry Hard
Social inflation is increasing at a precipitous rate and resulting in unanticipated costs and risks for insurers. It has pushed up the cost of insurance claims at such a speed and extent that pricing ...
Gallagher Sues Alliant Again for Alleged ‘Corporate Raid’ of Employees
Broker Arthur J. Gallagher filed another poaching lawsuit against Alliant Insurance Services, alleging Alliant is "presently engaged in a corporate raid of Gallagher's Chicago office." According to ...
Viewpoint: Jury Blasts Defense With a $464 Million Nuclear Verdict
Plaintiffs' California dreamin' became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. The verdict included $24.6 million in ...
Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits
The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith when it decided to try to shift the cases to bankruptcy court ...
Allergan Poised to Pay More Than $2B in Opioid Settlement
AbbVie Inc.'s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid ...
Teva Reaches Proposed $4.35B Opioid Settlement
Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker's alleged role in the U.S. opioid ...
Calif. Court Breaks String of COVID Biz Interruption Case Wins For Insurers
A California appellate court broke from its sister jurisdictions—as well as state and federal courts across the nation—and ruled that a hotel owner's lawsuit seeking coverage for a COVID-19 ...
Wildfire Victims, Environmental Groups to Developers: Stop Building
Preston Brown knows the risk of wildfire that comes with living in the rural, chaparral-lined hills of San Diego County. He's lived there for 21 years and evacuated twice. That's why he fiercely ...
Skittles Are Toxic, Federal Lawsuit Claims
Mars Inc. has been sued by a consumer who claims that Skittles candies are unfit to eat because they contain a known toxin that the company had pledged six years ago to phase ...