Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
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...
What Does it Mean to Own Expirations’ Lawsuit Aims to Find Out
Feb 25 2002 // At the heart of a lawsuit filed against Allstate Insurance Company by an independent agent in Garza County, Texas, are the issues of who owns the right to renew policies of customers of an independent agent; what it means...
Argonaut Insurance Co. Selects Visibillity for Litigation Management
Feb 20 2002 // Visibillity Inc., a Chicago-based provider of collaborative litigation management solutions for property/casualty insurance companies, announced that Argonaut Insurance Company, a subsidiary of Argonaut Group Inc., has...
Consumer Organization Files Suit Against Three Auto Insurers
Feb 11 2002 // Harvey Rosenfield’s California-based Foundation for Taxpayers and Consumer Rights (FTCR) filed separate lawsuits on Jan. 9 against three major auto insurers, Geico Corp., SAFECO Corp., and the Automobile Club of...
Trump Files $1 Billion Lawsuit Against Conseco Over GM Building Sale
Feb 8 2002 // Donald Trump has filed a lawsuit against Conseco, charging that the insurer breached an agreement with Manhattan’s reigning real estate king to sell him its half interest in the General Motors building. Trump is...
Enron’s Crash Radiates in All Directions, Implications for Insurers
Jan 28 2002 // “Bankruptcy” and “Chapter 11” are inadequate terms to describe the carnage left in the wake of Enron’s collapse, which affected the lives of thousands of people, numerous banks and dozens of...
GMAC Lawsuit Against Silverstein Targets Insurance Payments
Jan 17 2002 // While Swiss Re and other insurers are in federal court facing Silverstein Properties, the master lease holder of the World Trade Center, General Motors Acceptance Corp. has filed an action in State Court, seeking a share...
Employers Mutual Casualty Co. to Use Visibillity’s Litigation Management Systems
Jan 16 2002 // Visibillity Inc. announced that Employers Mutual Casualty Company, a property and casualty insurer with headquarters in Des Moines, Iowa, signed a three year contract valued at more than $1 million dollars for...
Insurers gain time in JP Morgan suit on surety bonds
Jan 16 2002 // According to Reuters, a number of U.S. insurers have gone forward in their legal duel with J.P. Morgan Chase & Co. Inc., claiming they do not have to pay up on $1.1 billion of surety bonds related to the fall of...
Hartford Sues NJ Auto Fraud Ring
Jan 15 2002 // The Hartford has filed a civil action in Morris County State Court against 27 New Jersey residents, charging that they conspired to stage motor vehicle accidents and fake injuries to generate hundreds of thousands of...
World Trade Center Building Lawsuits Multiply
Jan 14 2002 // Several new fronts have opened in the ongoing battle over World Trade Center coverage. On Dec. 28, 2001, Silverstein Properties (SP), the master leaseholder, filed a lawsuit against Travelers to recover the losses it...
World Trade Center Building Lawsuits Multiply
Jan 14 2002 // Several new fronts have opened in the ongoing battle over World Trade Center coverage. On Dec. 28, 2001, Silverstein Properties (SP), the master leaseholder, filed a lawsuit against Travelers to recover the losses it...
EEOC SUES, AllSTATE DISAPPOINTED
Jan 14 2002 // The Allstate Corporation has expressed its displeasure with the Equal Opportunity Commission’s (EEOC’s) lawsuit against its Allstate Insurance Company subsidiary over an agency system reorganization. The EEOC...
Automobile Dealer Surety Bonds: What Constitutes A Breach of Condition’
Jan 14 2002 // Many surety bonds are tailored for particular relationships or statutory requirements—one such example is the motor vehicle dealers bond required by Section 503.033 of the Texas Transportation Code. While there are few...
