Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
New Reports Shows Asbestos Litigation Crisis Hurting Workers
Dec 3 2002 // The asbestos litigation crisis has cost the American economy tens of thousands of jobs and has reduced pension wealth for employees at bankrupt firms by an average of 25 percent, according to an American Insurance...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL Capacity
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Halliburton Asbestos Suit Nears Settlement
Nov 22 2002 // An agreement may soon be reached in the asbestos liability lawsuits against Halliburton Co, based in Dallas, and Honeywell International Inc. that would settle hundreds of thousands of claims. According to Reuters,...
NAII Seeks to Reverse Nationwide Class Action Suit Filed in Texas
Nov 18 2002 // The Beaumont Court of Appeals in Texas has departed from state law in its improper certification of a nationwide class action suit that would ultimately make law for the entire country, according to the National...
Progressive Settles Program Lawsuits, Confirms October Results
Nov 18 2002 // Ohio-based Progressive Corporation reported that it has received final approval from the trial court of the settlement process resolving its several alternative commission program lawsuits, and has accordingly confirmed...
AscendantOne Launches Solution Suite 2.0
Nov 12 2002 // AscendantOne Inc. of Nashua, N.H. announced the launch of Version 2.0 of its Solution Suite property/casualty technology platform. New features include fully automated out-of-sequence endorsement processing, as well as a...
THE ST. PAUL COS. NOTES LAWSUITS, SAYS IT WILL CONTEST
Nov 11 2002 // The St. Paul Cos. reports two lawsuits have been filed against it and two of its executives over the insurer’s handling of the Western MacArthur asbestos case, which cost the insurer nearly a billion dollars and sent...
Dramatic Market Change Hits Professional Liability
Nov 11 2002 // For most law firms, 2002 and 2003 will be challenging years in respect to securing professional liability insurance. The “new market” is similar to that of the mid-’80s and has caused consolidation of...
RLI Corp. Implements Duck Creek’s Example Platform Product Suite
Nov 7 2002 // Missouri-based Duck Creek Technologies, Inc., a provider of product management software and services to the insurance industry, announced that RLI Corp. of Peoria, Ill. has implemented its “Example Platform Product...
Ballard Sues Farmers Over Accusations
Nov 6 2002 // Austin, Texas-based homeowner advocate, Melinda Ballard, announced she filed a lawsuit in Travis County District Court against Farmers Insurance (Farmers) and its paid spokesman for falsely accusing her of committing...
Ohio Ins. Director Files 10th Brief in Auto Parts Dispute
Oct 30 2002 // Ohio Insurance Director Lee Covington has become the point man for insurance commissioners nationwide, who are worried about court decisions, usually involving class actions, that they feel trespass on their regulatory...
Class Action Suit Filed on Behalf of Purchasers of The St. Paul Cos.
Oct 30 2002 // The law firm of Cauley Geller Bowman & Coates, LLP reports that a class action has been filed in the United States District Court for the District of Minnesota on behalf of purchasers of The St. Paul Companies...
Market Conduct Report Prompts Lawsuit Against Calif. Commissioner
Oct 28 2002 // The court felt that the allegations should be heard,” Cary Cheldin, president of Crusader Insurance Services in Woodland Hills, Calif., told Insurance Journal. Cheldin was referring to a lawsuit Crusader Insurance...
The St. Paul Cos. Notes Lawsuits, Says It Will Contest
Oct 23 2002 // The St. Paul Cos. reports two lawsuits have been filed against it and two of its executives over the insurer’s handling of the Western MacArthur asbestos case, which cost the insurer nearly a billion dollars and sent...
Pa. Insurance Dept. Sues Reliance Accountant
Oct 17 2002 // The Pennsylvania Insurance Department has filed suit against accounting firm Deloitte & Touche LLC, which the department charges inflated Reliance Insurance Co.’s financial statements by $1 billion, contributing...
NAII Hails Avery Appeal as Move Against “Judicial Hellholes”
Oct 7 2002 // The NAII strongly approved the Illinois Supreme Court’s decision to review the judgment in the case of Avery vs. State Farm, which awarded $1.2 billion in damages to the plaintiffs in a nationwide lawsuit against the...
Report Near North Sues Aon over Approaches to Clients
Oct 7 2002 // According to a report appearing on the Web site of the Chicago Tribune, Near North Insurance (NNI) has filed a lawsuit directly against Aon, alleging that former NNI employees, who had joined Aon, used proprietary...
Segal Files $700 Million Lawsuit Against Aon, Former Near North Employees
Oct 4 2002 // Michael Segal, the founder and former CEO of Chicago-based broker Near North Insurance, has filed a lawsuit in Cook County Circuit Court seeking a total of $700 million in damages from six former employees who joined Aon,...
CON ED, INSURERS SUE PORT AUTHORITY
Sep 30 2002 // Consolidated Edison Co. of New York and a group of its insurers sued the Port Authority of New York and New Jersey recently in search of more than $314.5 million for damages to a substation that was demolished in the Sept....
Court Rejects Generali, Zurich Life Contentions in Holocaust Claims Lawsuit
Sep 26 2002 // A federal court in New York has ruled that a lawsuit brought by Holocaust victims and their families against Italian insurer Generali and Switzerland’s Zurich Life Insurance Co. can go forward in the U.S. court. The...
