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Critics claim the dispute system denies consumers' key legal rights. -
The motion claims the New York court has no jurisdiction in the case.
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State Farm is under investigation as its premiums have been rising “drastically".
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A US district judge ruled a delay could put human life and property at risk.
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The federal panel hasn’t finalized a timeline for formulating the new rules.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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The state’s AG said the case threatens continued offshore oil and gas operations.
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WTW claims at least two $1mn accounts were also unfairly lost to Howden.
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Jonathan Rinderknecht was arrested Tuesday on destruction of property charges.
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The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
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The charges allege “egregious delays” and “unreasonable denials” in claims.
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AIG’s filing alleges copyright and trademark breaches, as well as violations of unfair business practice laws.
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Juries don’t significantly differentiate in cases involving severe injury.
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California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
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A federal judge restricted former Marsh employees from soliciting for Howden.
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The case is now headed to appellate court.
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As data privacy litigation increases, insurers increasingly lean on exclusions.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
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Ransomware claims have made up the majority of recent large losses.
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The company saw a 53% decrease in cyber claims after a surge in 2024.
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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Lawyers said uncertainty raises litigation risks, and signals from the federal government aren’t expected to help.
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The bi-partisan legislation would make FEMA a cabinet-level agency.
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The broker has filed a motion to dismiss the lawsuit by Marsh.
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James River said the court was right to dismiss the fraud case.
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The company said defendant "distraction" can’t make up for flimsy arguments.
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The violations included not using properly appointed adjusters and failing to pay claims.
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The lawsuit has been filed as sales talks with Sompo yielded a deal.
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Hasnaa El Rhermoul will be SVP at Ethos Transactional, sources said.
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The lawsuit is the third filed by MMA against Alliant in the past year.
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Parrish, now CEO of Howden US, and his colleagues said they didn’t violate contracts.
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The Delaware high court’s reasoning could find application in other cases.
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A key hearing in the poaching case is set for September 4 in New York.
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The state’s Supreme Court upheld two lower court decisions finding no liability.
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The company said the judge overlooked key issues in dismissing its fraud case.
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The company was hit with a data breach on July 16.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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The firm’s subsidiary in India paid $1.47mn in bribes to officials at state-owned banks and raised revenue of $9.2mn.
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The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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Roughly half a year since the LA fires, brokers said there’s hope things are turning around.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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A growing divide in business courts could impact future D&O underwriting, sources said.
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The insurers sent denial letters to the tech company as lawsuits and damages pile up well into the multi-millions.
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The automaker’s insurance arm wrote over $300mn in premium last year.
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The executive said the claims industry is going to “be transformed”.
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Litigation seeks to block insurers from passing assessment costs to consumers.
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Large accounts property remains competitive as pricing softens, Greenberg said.
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It is slim pickings for quality mega deals and the brokerage has an in-built need for speed.
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The insurer denies it is responsible for the actor’s legal fees.
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Court documents show Travelers subsidiary Northfield Insurance is the insurer.
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The alleged insurance fraud targeted anyone who could fund the settlements, argued the plaintiffs.
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The judge ruled the deal relied too heavily on Bermuda law for US law to apply.
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The class can collectively challenge State Farm’s property claims calculations.
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The suit claims billions of dollars are being illegally withheld.
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Top companies eliminated or heavily modified language related to DEI this year, analysis shows.
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He has pleaded not guilty to the criminal charges, which carry potential life sentences.
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The broker also alleges a coordinated effort undermine client confidence.
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When it comes to sympathetic juries, high net worth individuals are under the same pressure as corporations.
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At the year’s mid-point, there were 111 new SCAs filed in federal courts.
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The investigation follows several civil racketeering cases filed by Tradesman based on similar facts.
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Under the new law, vehicles will only be required to carry $100,000 in PIP per person.
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Litigation costs continue to weigh on long-tail lines, but effects of tort reform are visible.
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Early adopters of AI will see efficiencies – and likely increased market share, Kantar said.
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The ruling comes as insurers face growing legal pressures following the January blazes.
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The MGA and parent company Roosevelt Road Re have until July 21 to file a second amended complaint.
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The rules would require paid rest breaks, among other measures.
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It didn’t have a major impact on insurers’ finances – instead, it served as a wake-up call.
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Jim Williamson said litigation funding had evolved into an investment class.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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