Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Suit Charges MRM with Securities Law Violations
Jul 16 2002 // Hamilton, Bermuda-based Mutual Risk Management Ltd. (MRM) joined the ranks of companies facing charges of corporate mismanagement for allegedly providing misinformation that inflated the value of its stock. A pending class...
How Many Bites at Bad Faith
Jul 8 2002 // On May 23, 2002, the Texas Supreme Court issued its opinion in Mid-Century Insurance Company of Texas v. Boyte, a case that arose out of an underinsured motorist claim. The Court addressed the issue of whether the common...
How Many Bites at Bad Faith
Jul 8 2002 // On May 23, 2002, the Texas Supreme Court issued its opinion in Mid-Century Insurance Company of Texas v. Boyte, a case that arose out of an underinsured motorist claim. The Court addressed the issue of whether the common...
Penn. Files Suit Against Former Reliance Financier
Jun 28 2002 // Pennsylvania seeks to recover damages from Saul P. Steinberg and other former executives who allegedly are at fault for Reliance Global Holding’s bankruptcy, as well as the failure of its subsidiary, Reliance...
Insurers Look to Wipe Clean Toxic Mold Claims
Jun 24 2002 // For U.S. insurers, reinsurers, and property professionals still reeling from the $32 million a Texas jury awarded Melinda Ballard in her toxic mold lawsuit against Farmers Insurance last year and the $18.5 million a...
Sound Science, Not Lawsuits, Will Solve Mold Dilemma
Jun 24 2002 // Almost daily, media outlets around the country run stories on people getting sick or abandoning their homes because of mold. Schools, fire stations, court houses, private homes – any kind of building is seemingly at...
Protegent Announces AgentAudit Software Suit to help with Compliance
Jun 21 2002 // Protegent, Inc. has announced the first Web-based software suite that provides insurance companies a highly accurate and efficient way to supervise the activities of insurance brokers and reps with regard to regulatory...
Ohio Department weighs In on Premium Payment Lawsuit
Jun 14 2002 // Ohio Insurance Director Lee Covington has filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers. Covington filed the...
Ohio Director Weighs In on Premium Payment Lawsuit
Jun 13 2002 // Ohio Insurance Director Lee Covington filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers. According to the Ohio...
Insurers & Contractors Trying to Nail DownProper Coverage
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location. The real question is whether it will stay that way or whether...
Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Insurers Look to Wipe Clean Toxic Mold Claims
Jun 10 2002 // For U.S. insurers, reinsurers, and property professionals still reeling from the $32 million a Texas jury awarded Melinda Ballard in her toxic mold lawsuit against Farmers Insurance last year and the $18.5 million a...
CALIF. DMV HIT WITH INSURERS’ LAWSUIT
Jun 10 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...
Insurers & Contractors Trying to Nail Down Proper Coverage
Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...
Late Notice May Insure Responsibility for Pre-Tender Defense Costs
Jun 10 2002 // Texas requires automobile liability insurers and general liability insurers to include language in their policies establishing a “prejudice” requirement before late notice can be used as a defense. For...
Houston Theater Sues Insurer
Jun 10 2002 // The Alley Theater of Houston is suing its insurer, Gulf Group Lloyds Insurance Co., for reportedly failing to reimburse $6.5 million in damage caused by Tropical Storm Allison last year. According to the Houston Chronicle,...
AIA Says Calif. Assembly Internet Measure is flawed
Jun 7 2002 // A measure approved by the California State Assembly has put Internet privacy on center stage, but won’t solve the real problem of identity theft, according to the American Insurance Association (AIA). “A...
The St. Paul Cos. looking at near $1B Settlement in Asbestos Coverage Litigation
Jun 5 2002 // Insurer The St. Paul Cos. has indicated it would pay close to $1 billion, before tax and reinsurance recoveries, to settle litigation regarding asbestos coverage for building products firm Western MacArthur, which a St....
Ariz. Enacts Law to Lessen Construction Defect Lawsuits
May 31 2002 // Arizona’s governor signed a bill recently that will establish an alternative dispute resolution procedure for certain construction defect claims, providing a modicum of relief to a beleaguered construction industry,...
Lawsuit Seeks to Limit Terrorist Coverage Premium on Times Square Building
May 28 2002 // A lawsuit filed by Four Times Square Associates challenging its lenders’ demand that it pay a tenfold increase in insurance premiums to provide terrorist coverage on a “trophy building” in Times Square,...
