Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Outside on the Professional Liability Playground
Dec 6 2004 // The PLUS 17th Annual International Conference held in San Diego, Calif., Nov. 3-5, opened with an insightful panel discussion of well-known “outside the industry” professionals who routinely play the game of...
Keeping Up with Insurance Brokerage Investigations
Dec 6 2004 // Recent Key Developments in Ongoing Probes of Marsh, Other Brokers and Insurers Marsh ‘Hopeful’ of Quick Settlement Marsh & McLennan has been in constant contact and cooperation with New York Attorney Eliot...
Chrysler Sues Allianz for Blackout That Shut Down 14 of 31 Plants
Dec 6 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout. The outage–the worst in U.S. history–left millions of Michigan residents...
Vail’s Resurgence: Is Independent Damage Still Required for Bad Faith’
Dec 6 2004 // In the arena of liability coverage, a number of significant, yet unresolved, issues are being considered by the Texas Supreme Court: The insurability of punitive damages is under review; selection of defense counsel is in...
Keeping Up with Insurance Brokerage Investigations
Dec 6 2004 // Recent Key Developments in Ongoing Probes of Marsh, Other Brokers and Insurers Marsh ‘Hopeful’ of Quick Settlement: Marsh & McLennan (MMC) has been in constant contact and cooperation with New York...
AIA: CAAA LAWSUIT WILL UNDERMINE WORKERS’ COMP REFORMS:
Dec 6 2004 // The American Insurance Association (AIA) issued a statement in response to the lawsuit filed by the California Applicant Attorneys Association (CAAA) challenging the regulations regarding Medical Provider Networks (MPNs)...
Insurers Sue Spokane Diocese to Avoid Victims’ Claims
Nov 29 2004 // Less than two weeks before the Catholic Diocese of Spokane is due to file for bankruptcy protection, its insurance carriers are suing to avoid paying victims’ sexual-abuse claims. The American Casualty Co., the...
PCI Lauds Class Action ‘Best Practices’ for Illinois Courts
Nov 28 2004 // A proposed rule change governing class action lawsuits that would benefit Illinois consumers and businesses will likely be opposed by the Illinois State Bar Association, according to the Property Casualty Insurers...
Chrysler Sues Allianz for Blackout Losses
Nov 24 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout. The outage—the worst in U.S. history—left millions of Michigan residents without...
Mutual Risk Management Reports Hancock Motion to Dismiss Lawsuit Denied
Nov 22 2004 // Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied...
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Calif. Commissioner Files Suit Against ULR and Insurers
Nov 18 2004 // Commissioner John Garamendi on Thursday announced a major lawsuit against Universal Life Resources of San Diego and four major insurers accused of hiding millions of dollars in secret commissions. During a news conference...
Spitzer Sues Universal Life Resources over Broker Pay
Nov 15 2004 // A California-based company that brokers life, accident and disability policies for leading U.S. companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients’ unsuspecting...
AIA: CAAA Lawsuit will Undermine Workers’ Compensation Reforms
Nov 11 2004 // The American Insurance Association (AIA) issued the statement below in response to the lawsuit filed by the California Applicant Attorneys Association (CAAA) challenging the regulations regarding Medical Provider Networks...
Aon Preps for Spitzer Suit With $890M Line of Credit
Nov 11 2004 // Chicago-based Aon Corp., the world’s No. 2 insurance broker, said it is negotiating with lenders to access about $890 million in credit should Spitzer choose the company as his next target, according to Bloomberg...
Litigation Verdict Delays Vesta Insurance Earnings Info
Nov 10 2004 // Vesta Insurance Group, Inc. (NYSE:VTA) announced it is delaying its earnings release and previously scheduled conference call until Nov. 16. The Birmingham, Ala.-based company will file a SEC Form 12b-25 to delay the...
PCI Seeks November Vote on Class Action Reform
Nov 10 2004 // In a letter to Senate Leaders, Property Casualty Insurers Association of America Senior Vice President, Government Affairs, Carl Parks this week urged the passage of class action reform legislation before Congress adjourns...
Agents Watching Spitzer Broker Fraud Charges Closely
Nov 8 2004 // New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is...
Industry in the Bull’s Eye
Nov 8 2004 // In the days after New York Attorney General Eliot Spitzer filed a civil lawsuit against insurance broker Marsh & McLennan Companies Inc. for alleged commercial account steering and bid rigging, the insurance industry...
