Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Alliance, AFACT Ask Governor to Veto WC and Litigation-Cost Control Bills
Jun 18 2001 // The Alliance of American Insurers is on record as having asked Texas Gov. Rick Perry to veto two insurance-related bills One of the bills, SB 1654, is also opposed by the Association of Fire and Casualty Companies of...
Agent Target of Galapagos Oil Spill Lawsuit Threat; Policy Was Cancelled
Jun 18 2001 // Lawyers for Ecuador’s Galapagos Islands plan to sue for damages in the wake of an oil spill, according to several news reports; however, the Miamai, Florida-based insurance agency that placed the coverage maintains...
Companies File Lawsuit to Fight No-Fault
Jun 14 2001 // Three insurance companies have filed a civil lawsuit in Southern District Court in New York County, looking to combat a multi-million dollar fraud enterprise that set up shop in the Bronx, Queens and Long Island. Allstate,...
Ohio Insurance Director Sues Credit General
Jun 14 2001 // Ohio’s Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer of Credit General Insurance Company, sued the previous owner and officers of Credit General, alleging...
Coverages for Contractors: Only the Strong Survive as a Tough Market Gets Tougher
Jun 11 2001 // What’s the biggest problem area in the California insurance market these days?” When asked that question, most in the know would probably, without any hesitation, reply, “Workers’ comp.” But...
Auto Insurance Companies to Face Multi-Million-Dollar Lawsuit
Jun 7 2001 // A multi-million-dollar class-action lawsuit has been authorized by the board of directors of the National Auto Agents Alliance (NAAA) Board against several insurers. The lawsuit questions the legality of insurers reducing...
AscendantOne Delivers P&C Rate/Quote Product Suite
May 31 2001 // AscendantOne, announced the availability of its Rate/Quote/Issuance solution for the property/casualty front office. This browser-based front office solution was designed to allow p/c providers to deploy rating solutions...
Legislation to Protect Small Businesses from Hazardous Liability Litigation Passed
May 30 2001 // Legislation that would provide Superfund liability protection for small-businesses that disposed of municipal solid waste before April 1, 2001 recently passed the U.S. House of Representatives. According to Julie...
Swiss Re Sues XL Over Armstrong Credit Swap
May 23 2001 // Swiss Re Financial Products Corp. has filed suit in New York against XL Insurance Ltd. over its refusal to pay a $20 million claim made by Swiss Re FP in connection with the bankruptcy of Armstrong World Industries last...
European Insurer Hit with Lawsuit Regarding Holocaust Claims
May 22 2001 // A lawsuit filed last week in Los Angeles Superior Court on behalf of an 89-year-old Holocaust-era survivor, Felicia Spirer Haberfeld of Los Angeles, alleges that the European insurer Assicurazioni Generali is sending...
Allstate’s Good Hands Put Death Grip on Fraud Perpetrators
May 21 2001 // “You’re in good hands.” Those words have a profoundly different context if you happen to be part of a group of individuals who submit “creative” claims to Allstate. In that case, those good...
ProMutual to Increase Malpractice Insurance Rates
May 3 2001 // Beginning July 1 of this year, ProMutual, Massachusetts’ largest provider of malpractice insurance for physicians, will raise its rates for malpractice insurance an average of 14 percent across specialties. According...
Chase Settles Suit Over Failed Offshore Insurer
Apr 30 2001 // Chase Bank of Texas N.A. has agreed to pay $3 million to settle charges that it failed to warn regulators about a worthless policyholder trust account it set up for an allegedly fraudulent offshore insurer that collapsed...
Tortious Interference and Business Competition
Apr 30 2001 // Insurance agents are in a tough spot. They compete for business against nearly everybody: each other, banks, financial analysts, annuity companies, and—yes!—even insurers. Often, it seems that insurance agents have to...
Recent Court Decision Rocks WC System
Apr 16 2001 // On March 29, 2001, the Supreme Court of Texas decided a consolidated case of enormous importance to insurance intermediaries. In Lawrence v. CDB Services Inc., the high court said by a vote of 6-2, that employees could...
AIG, American General Talk – Pru Sues
Apr 11 2001 // The fight between AIG and Britain’s Prudential to take over Houston-based American General heated up considerably on Tuesday. AIG signed a confidentiality agreement with Am Gen, and began discussions aimed at...
MEDICAL ASSOCIATIONS SUE HMOS
Apr 2 2001 // Two Texas medical associations and dozens of individual physicians filed a federal lawsuit last week accusing health care insurers of fraud, racketeering and conspiracy, according to a report by the Dallas Morning News....
Class Action Challenges Prudential Conversion/IPO Plans
Mar 29 2001 // A lawsuit that could have far-reaching effects has been filed by policyholders of Prudential Life Insurance Co. The suit brought against the company and its directors and senior officer alleges that the directors and...
InsWeb Counter-Sues eHealthInsurance
Mar 27 2001 // InsWeb Corp. has responded to recent allegations and legal action taken by eHealthInsurance Services Inc. with a counter suit. In a filing with the U.S. District Court, Northern District of California, San Jose Division,...
UM/UIM Developments
Mar 19 2001 // Insurance covers accidents. In the legal world, we call these “fortuities”, but it all boils down to accidental happenings. First-party insurance, for example property insurance, covers financial losses...
