Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Suits Allege Racial Discrimination by Prudential,
Jul 14 2000 // Prudential Insurance Co. of America and MetLife defended themselves Thursday against alleged racial discrimination in their sale of insurance policies. Prudential acknowledged it did take part in race-based pricing in the...
AFG FACES SUIT, LOWER RETURNS
Jul 10 2000 // American Financial Group Inc.’s second quarter earnings from insurance businesses will be negatively impacted by certain litigation charges and lower than expected underwriting results in its property and casualty...
Chandler, Reliance Sued Over Stock Declines
Jul 7 2000 // Chandler Insurance Company and Reliance Group Holdings are both defending lawsuits claiming shareholders were harmed by company actions that resulted in falling stock prices. Three civil lawsuits have been filed against...
Acceptance Settles Rice Producer Class Action
Jul 5 2000 // The United States District Court in Little Rock has approved settlement of a class action by rice producers against Acceptance Insurance Companies Inc. and several affiliated companies. Based on a June 30, 2000 hearing,...
American Financial Group Faces Litigation, Decline in Underwriting Results
Jun 30 2000 // American Financial Group, Inc.’s second quarter earnings from insurance businesses will be negatively impacted by certain litigation charges and by lower than expected underwriting results in its property and...
Agents in the Claims Process
Jun 26 2000 // In any service industry, speed in responding to customer requests, customer satisfaction with performance (both in the short run and in the long), and accuracy in statements made are all terribly important. The three are...
RACIAL BIAS SUIT SETTLED
Jun 26 2000 // American General Corp. expects to make a $175-million second-quarter aftertax charge to settle a lawsuit claiming one of its subsidiaries charged customers racially-based insurance premiums. The proposed resolution will...
American General Settles Racial Bias Suit
Jun 21 2000 // The proposed resolution will settle class action claims and regulatory issues relating to the pricing and sale of industrial life insurance policies. The company said the charge will have no material impact on its...
Insurance Companies Sue Denver Chiropractic Clinics
Jun 21 2000 // June 21, 2000 9:35 a.m. CDT Allstate Insurance Company, Liberty Mutual Insurance Company, and Progressive Casualty Company and three of its affiliates, served summons and complaints throughout the Denver area last Thursday...
Arizona Trial Begins for 15-Year Old Contaminated Groundwater Lawsuit
Jun 20 2000 // After a long, litigious battle over an insurance dispute, the trial against Associated Aviation Underwriters (AAU) refusing to make good on a settlement between more than 1,600 Tucson residents injured by their...
Accusations Fly From Former New York Life Exec
Jun 15 2000 // A racketeering lawsuit has been filed by a former New York Life Insurance Co. president on behalf of thousands of employees, alleging their pension and 401(k) plans were used as seed money for the company’s mutual...
Quackenbush Sued by Calif. Residents
Jun 15 2000 // Two Los Angeles resident have filed suit against California Insurance Commissioner Chuck Quackenbush, asking for the repayment of $13 million they claim the commissioner misappropriated in settlements with insurance...
Survey Shows Support for Class Action Reform
Jun 7 2000 // Seventy percent agreed that significant reform of the class action lawsuit system is needed. Forty-four percent of respondents in IRC’s recent survey said that the number of class action lawsuits today is too...
Agent Indemnification: How Not to Get Burned
Jun 5 2000 // Once in a blue moon, the Supreme Court of Texas decides a case that squarely pertains to insurance agents. On April 20, 2000, Justice Alberto Gonzales, writing for a unanimous court, decided an odd one, with potential...
Holocaust Suit Reinstated
May 25 2000 // A San Francisco Circuit Court of Appeals has reinstated a lawsuit brought by a Holocaust victim’s grandchildren accusing a German insurer of failing to honor a life insurance policy issued before the man’s...
Class Action Filed Against Prudential
May 23 2000 // Three law firms have filed a nationwide class action against the Prudential Insurance Company of America and its health care subsidiaries that have recently been sold to Aetna. The case, Romero v. Prudential Insurance...
Court Rules in Favor of ACE in Calif. Lawsuit
May 23 2000 // The Superior Court of the State of California recently made a ruling favorable to ACE Ltd. in a lawsuit brought against that company by subsidiaries of AIG and Chubb. The lawsuit focused on a restructuring plan implemented...
Illinois Lawsuits Against Gun Makers To Go Forward
May 19 2000 // A Wayne County judge refused Tuesday to throw out a suit against more than 30 gun manufacturers and dealers and seeking $400 million in damages. Circuit Judge Jeanne Stempien denied the motion brought by the manufacturers...
Pimlico Race Course Owners Sue American Casualty
May 17 2000 // Owners of the Pimlico Race Course have filed suit against their insurance company in an attempt to recover what they believe are covered damages. The Maryland Jockey Club of Baltimore City Inc. and Pimlico Racing...
