Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
INJURY SUITS COST CITY $570 MILLION:
Mar 7 2005 // TITLE: INJURY SUITS COST CITY $570 MILLION: New York City paid a record $570 million in 2004 on personal injury cases that range from medical malpractice to traffic accidents. The cases cost the city $12 million more than...
AG TO MAKE CASE AGAINST AIG IN CLASS ACTION SUIT
Mar 7 2005 // Ohio Attorney General Jim Petro announced last month that three of Ohio’s public retirement systems have been appointed lead plaintiff in a securities class action lawsuit against American International Group Inc....
WORKING GROUPS FORMED TO DISCUSS LAWSUIT, INSURANCE REFORMS
Mar 7 2005 // West Virginia Gov. Joe Manchin has formed working groups to discuss frivolous lawsuits and insurance reforms. After having been largely brushed aside during past fights over workers’ compensation and medical...
‘Cheeseburger’ Bills Fill State Lawmakers’ Plates
Mar 7 2005 // Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who...
Garamendi Testifies in Executive Life Lawsuit
Mar 4 2005 // A photo taken in a restaurant 13 years ago captured the occasion—a deal signed by California’s chief insurance regulator that ultimately paved the way for the sale of insurer Executive Life to a group of French...
Bank of America Settles Worldcom Class Action
Mar 3 2005 // Bank of America announced today that it has reached an agreement to pay $460.5 million to settle class action securities litigation involving Worldcom. Under the terms of the settlement agreement, which is subject to court...
LRC Says Med-Mal Study Shows Need for Tort Reform
Mar 1 2005 // Tort reform proponents in Washington were reportedly not surprised that a report issued Tuesday by the Office of the Insurance Commissioner (OIC) showed continued escalation in both the frequency and the cost of medical...
W. Va. Governor Manchin Addresses PIIA This Morning, Discusses His Proposals
Feb 28 2005 // Proposals by West Virginia Governor Joe Manchin to bring down insurance rates and increase availability will be discussed this morning during two presentations in Charleston during Insurance Day, sponsored by the...
Judge Rules Against TWCC in Insurance Council of Texas Lawsuit
Feb 27 2005 // The Insurance Council of Texas reported that on Feb. 24, 2005, Travis County District Court Judge Suzanne Covington ruled in favor of ICT in its lawsuit against the Texas Workers’ Compensation Commission. The court...
Municipal Workers Pension Plan Sues AIG to Alter Board Nominating Process
Feb 25 2005 // The American Federation of State, County and Municipal Employees Pension Plan has filed suit against American International Group (AIG) in U.S. District Court for the Southern District of New York seeking to alter the...
N.Y. Court Rules ‘No Pay, No Protection’ from Suits Under Workers’ Comp Law for Scofflaw Employers
Feb 24 2005 // New York State’s highest court has ruled that employers that fail to purchase workers compensation coverage cannot hide behind the workers’ compensation protection against being sued by employees. In reversing...
PIA of W. Va. EVP Describes Medical Liability Crisis; Hopes for Legislative Action
Feb 24 2005 // West Virginia’s medical liability insurance market is in a crisis and it has be fixed soon according to Gray Marion, Professional Independent Insurance Agents of West Virginia executive vice president. Marion...
Supreme Court Rules Big Dig Dredge a Vessel for Purpose of Allowing Injured Worker to Sue Owner
Feb 23 2005 // The United States Supreme Court has ruled that workers injured on dredges like one used in the Big Dig construction are not limited to workers compensation but may also sue the vessel’s owner for negligence. Writing...
Ariz. Senate Backs Malpractice Changes Sought by Physicians
Feb 22 2005 // The Senate gave preliminary approval Feb. 17 to a three-pronged medical malpractice bill backed by business groups and physicians. The measure would provide a legal shield for doctors’ apologies, tighten requirements...
Citizens Lost First Round; Stalling Payments Until After Another Court Decision
Feb 21 2005 // Citizens Property Insurance Co. is in the limelight again, this time because it is refusing to pay property losses, even after losing a South Florida appeals court decision. Hurricane Irene brought both wind and water when...
Eliot Who’ TRIA Whoa’ Republicans Outline Insurance Priorities
Feb 21 2005 // Industry Gets Victory on Class Action But Reason to Worry Over TRIA Eliot who? The name Eliot Spitzer was never spoken during a recent gathering of insurance brokers and federal lawmakers in Washington, D.C. At the annual...
Insurers Land Big Senate Win on Class Action Rules
Feb 21 2005 // The U.S. Senate rejected what could have been damaging amendments and approved by a vote of 72-26 historic changes to the way class action lawsuits are handled. The vote almost assures enactment since the Senate measure,...
Message to Board: Find Out What’s in Your D&O Policy Before It’s Too Late
Feb 21 2005 // Not knowing the difference between a “severability clause” and a “final adjudication exclusion” could have major consequences for audit committee members and their fellow directors. Board members...
Safeguards in Hiring Process Can Help Prevent Lawsuits Later
Feb 21 2005 // There are five times in the employer-employee relationship when the company is most vulnerable to a worker’s lawsuit: when a person is hired, promoted, disciplined, fired or affected by a new policy. Both litigation...
Ohio’s Common Sense Legal Reform
Feb 21 2005 // 2004 was a landmark year for common sense legal reform in Ohio. The state enacted significant asbestos reform, silica and mixed dust reform, and comprehensive tort reform legislation. The many benefits of these historic...
