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A Delaware judge ruled that a “bump-up” exclusion was inapplicable. -
III also denies its CEO made anti-gay remarks or harassed a gay employee.
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Federal court securities class actions hit a four-year high last year.
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California’s crisis spurred the biggest reforms in decades.
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A California ruling could set an important precedent as other courts consider similar cases.
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A former executive claims he was terminated for reporting that III CEO Sean Kevelighan used homophobic slurs.
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The suit seeks compensatory and punitive damages from 180 defendants.
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The Federal Insurance Office has data collected from over 300 insurers.
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The regulations are part of a state effort to expand wildfire coverage.
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Ohio’s Supreme Court unanimously said the abatement fund isn’t covered by the paint maker’s insurance policies.
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The defendants allegedly issued more than 40 unauthorized insurance policies.
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Weiss Ratings has claimed that insurers are short on reserves and deny legitimate claims.
