Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
CREDIT LYONNAIS SUIT DISMISSED
May 27 2002 // A federal judge has thrown out a lawsuit alleging that Credit Lyonnais and others engaged in fraudulent activity in the 1993 acquisition of the assets of the futile Executive Life Insurance Co, according to the Los Angeles...
Calif. DMV Hit with Insurers’ Lawsuit
May 24 2002 // California’s Department of Motor Vehicles (DMV) was hit with a lawsuit May 22 by a number of insurance associations wishing to halt a fee hike that would reportedly double the price for motor vehicle reports. Filed...
Vatican Denies Liability in Frankel Related Lawsuit
May 16 2002 // A Vatican spokesman has denied that the Catholic Church was in any way liable for the actions of Monsignor Emilio Colagiovanni, a former priest, who’s been charged with helping Martin Frankel bilk more than $200...
Credit Lyonnais Suit Dismissed by Federal Judge
May 13 2002 // A federal judge has thrown out a lawsuit alleging that Credit Lyonnais and others engaged in fraudulent activity in the 1993 acquisition of the assets of the futile Executive Life Insurance Co, according to the Los Angeles...
Report 5 States Sue Vatican Over Frankel Losses
May 10 2002 // Today’s edition of the Wall Street Journal reports that five southern states have filed lawsuits against the Vatican as a result of the alleged involvement of several officials of the Catholic Church in the...
Insurance Litigation and Bankruptcy, or How to Escape from Wonderland
Apr 29 2002 // In the tale of “Alice in Wonderland,” little Alice heedlessly follows the white rabbit into the rabbit hole and falls ever so long before landing upon a heap of sticks and dry leaves. Jumping up and looking...
AIA Says Colo. Bill Provides Relief from Construction Defect Lawsuits
Apr 22 2002 // A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American...
LMI and Highlands Sued by Ohio Insurance Director
Apr 19 2002 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer LMI Insurance Company, has sued LMI’s parent, Highlands Insurance Group and other affiliated companies...
McMahon Sues Company over Alleged Toxic Mold
Apr 11 2002 // Entertainer Ed McMahon is suing his insurance company for $20 million, alleging that a toxic mold spread through his house and made McMahon and his family ill, according to reports by the Associated Press and the Los...
Conn. Court Upholds Exclusive Right of Tribal Council to Hear Lawsuit
Apr 8 2002 // Connecticut’s Supreme Court upheld the exclusive right of an Indian Tribal Council to hear and determine damage claims arising from accidents occurring on tribal lands. The case, according to an Associated Press...
AAI Urges Wash. Gov. to Sign Construction
Mar 26 2002 // The Alliance of American Insurers is urging Washington Gov. Gary Locke (D) to sign SB 6409, which the organization believes will help reduce the rising costs of litigation faced by the state’s construction...
Erie Faces Class Action Lawsuit on Auto Parts
Mar 26 2002 // Erie Insurance Exchange and the Erie Insurance Group are facing a class action lawsuit over the use of replacement auto parts similar to the action brought against State Farm in Illinois which resulted in a multi-million...
Attorney to Compare Toxic Mold Litigation with Decade-Old Asbestos Cases
Mar 22 2002 // The new wave of mold litigation cases may soon compare with the incendiary asbestos cases of the last decade, according to Peter J. Lynch, a trial attorney with Philadelphia-based Christie, Pabarue, Mortensen and Young...
IIAA Hails Passage of Class Action Reform Measure
Mar 21 2002 // Independent agents and brokers believe a class action reform bill approved by the House last week will help return a sense of normalcy to interstate class-status lawsuits and protect the rights of consumers and defendants,...
House Passes Class Action Reform Bill; AAI Calls for Swift Senate Action
Mar 15 2002 // The U.S. House of Representatives approved the Class Action Fairness Act of 2001 (HR 2341) by a vote of 233 to 190 March 13. The Alliance of American Insurers called it a bipartisan show of statesmanship that will benefit...
Report HIH Shareholders Consider Suit Against Arthur Andersen
Mar 11 2002 // When HIH, at one time Australia’s second largest insurer, collapsed a year ago this month, one of the first questions raised was why its officers and directors, and its auditors, Arthur Andersen, had failed to reveal...
AIG Subsidiaries Sue Reinsurer for Sept. 11 Losses
Mar 5 2002 // A group of subsidiaries of American International Group have filed suit in a Manhattan Court against one of AIG’s catastrophe reinsurers, the American National Insurance Co., for purportedly failing to make payment...
Class Action Reform, AfterMarket Crash Parts Top AIA Priorities at Upcoming NCOIL Meeting
Feb 26 2002 // The American Insurance Association (AIA) will urge state insurance legislators to encourage states to allow options for insurers that use aftermarket crash parts and to make strides toward civil justice reform during this...
Ohio Insurance Director Files to Intervene in New Mexico Lawsuit
Feb 25 2002 // Ohio Insurance Director Lee Covington filed a petition to intervene in a New Mexico lawsuit that, according to the Ohio Department of Insurance, could impose another state’s insurance laws and increased costs on Ohio...
Decision Nears for Credit Lyonnais in ExecutiveLife Case
Feb 25 2002 // To prosecute, or not to prosecute. The U.S. Department of Justice continues to face that dilemma in its ongoing investigation of French bank Credit Lyonnais’ (CL) role in the takeover of Calif.-based Executive Life...
