Trump Sues CNN for Defamation, Seeks $475M in Punitive Damages October 4, 2022 By Dan Whitcomb Former U.S. president Donald Trump sued CNN for defamation on Monday, seeking $475 million in punitive damages and claiming the...
McDonald’s Defeats Black Franchisees’ $1B Bias Lawsuit, For Now October 4, 2022 By Daniel Wiessner McDonald’s Corp. has temporarily beat back a lawsuit by 52 Black former franchise owners who claim the fast-food giant set...
Florida Cities Crushed by Ian Face Highest Borrowing Costs in Decade October 4, 2022 By Danielle Moran and Nic Querolo Florida cities looking to rebuild from the devastation of Hurricane Ian will be financing their efforts during the worst environment...
Viewpoint: Hurricane Ian, Anti-Concurrent Loss Language, and Ambiguities October 4, 2022 By Kathleen M. Bonczyk On September 28, 2022, the nearly Category 5 Hurricane Ian made landfall in southwest Florida with maximum sustained winds clocked...
National Flood Insurance Program Extended to Mid-December October 3, 2022 Late last week President Joe Biden signed legislation passed by Congress to extend the National Flood Insurance Program’s authorization to...
U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best October 3, 2022 By Chad Hemenway A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market...
Social Media Company Liability Draws US Supreme Court Scrutiny October 3, 2022 By Greg Stohr The US Supreme Court will decide whether social media companies can be sued over targeted content recommendations, agreeing to hear...
Verisk: Up to $57B Insured Losses from Hurricane Ian October 3, 2022 By Chad Hemenway Insured losses from Hurricane Ian to onshore property will be between $42 billion and $57 billion, with much of the...
Peloton, Lululemon Settle Lawsuit Over Women’s Apparel Line October 3, 2022 By Jonathan Stempel Peloton Interactive Inc. has reached a settlement of a lawsuit in which Lululemon Athletica Inc. accused the exercise bike maker...
Judge Dismisses Mexico Lawsuit Against Gun Manufacturers October 3, 2022 A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their...