Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
PRUDENTIAL FACES $1 BILLION LAWSUIT
Feb 5 2001 // Prudential Insurance Co. is the focus of a lawsuit filed by 15 Palm Beach County residents who are aiming to prove the company sold bogus policies. Pretrial motions were scheduled for today, and jury selection has been set...
Concorde May Fly Again, Despite Lawsuits by Grieving Passenger Families
Feb 5 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
New Lawsuit Filed Against Credit Lyonnais
Jan 31 2001 // A group of investors, whose bid for Executive Life was rejected in favor of Credit Lyonnais’ offer, have filed suit in L.A. Superior Court against the French Bank seeking $2 billion in damages for alleged fraud. The...
U.K.’s Equitable Loses Another Suitor
Jan 29 2001 // Australian insurer AMP announced that it was withdrawing from talks with the U.K.’s Equitable Life, following the failure to reach an agreement on a figure for Equitable’s sales force, asset management business...
Concorde May Fly Again, Despite Multiplying Lawsuits
Jan 29 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
French Bank Head To Sue Magazine Over Allegations
Jan 22 2001 // Jean Peyrelevade, the Chairman of French bank Credit Lyonnais, has indicated he will bring a libel action in a French Court against The Economist magazine over allegations that he was aware of irregularities involving the...
Prudential Faces $1 Billion Lawsuit
Jan 22 2001 // Prudential Insurance Co. is the focus of a lawsuit filed by 15 Palm Beach County residents who are aiming to prove the company sold bogus policies. Pretrial motions were scheduled for today, and jury selection has been set...
Arizona Firm Wins Right to File Suit in New York Court
Jan 16 2001 // A lower court decision that an Arizona insurance company could not sue its former attorney for malpractice, negligence and fraud was reversed last week by the Appellate Division of Arizona’s Supreme Court. Senate...
CENTURY FACES CLASS ACTION
Jan 15 2001 // On Jan. 2, a class action lawsuit was filed against 21st Century Insurance Co. on behalf of policyholders who filed timely property damage claims stemming from the 1994 Northridge earthquake but whose claims were...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Microsoft Employees Sue for Racial Bias
Jan 5 2001 // A $5-billion lawsuit, filed Jan. 3 in U.S. District Court in Washington, is the latest headache for Microsoft Corp. Seven current and former Microsoft employees are accusing the software giant of racial bias, including...
Northridge Earthquake Class Action Suit Filed Against 21st Century
Jan 4 2001 // A class action lawsuit was filed Tuesday against 21st Century Insurance Co. on behalf of policyholders who filed timely property damage claims stemming from the 1994 Northridge earthquake but whose claims were mishandled,...
Insurance Co. Sues Macaulay Culkin
Jan 2 2001 // Macaulay Culkin has been in a suit filed by Travelers Property Casualty seeking monetary retribution for money it paid to tenants who suffered losses in a fire that began in the Culkin family’s high-rise apartments...
Lawsuits Loom For Mobile Phones
Dec 29 2000 // The controversy over whether mobile telephones cause brain damage, particularly tumors, may be about to enter the legal arena. Media reports indicate that Baltimore lawyer, and Orioles owner, Peter Angelos plans to file a...
Principal Settles Class Action
Dec 29 2000 // Des Moines, Iowa-based Principal Life Insurance Co. has settled for $374.2 million a class action lawsuit alleging its agents engaged in sales fraud. The suit alleged that agents for Principal used misleading sales...
New Classes of Megatort Claims Seen Confronting Industry
Dec 28 2000 // Potential claims from asbestos, pollution and tobacco will continue to challenge the insurance industry in coming years, panelists told the Casualty Actuarial Society annual meeting in Washington, D.C. After stabilizing in...
Insurer Wins Out in Y2K Lawsuit
Dec 22 2000 // American Guarantee, a Zurich affiliate, does not have to cover $138 million of the money Xerox Corp. poured into Y2K preventative upgrades, a New York State trial court ruled on Dec. 20. New York Supreme Court Justice...
Former Agents Sue Allstate Insurance Co.
Dec 21 2000 // Five former Allstate Insurance Co. agents who worked in Florida, Georgia and Oregon, filed a lawsuit in U.S. District Court against the insurer, seeking payment for three years of overtime wages. According to a report from...
Calif. Court Rules Legal Malpractice Suits Can Extend to Public Defenders
Dec 21 2000 // The California Supreme Court ruled on Dec. 18 that public defenders can face malpractice lawsuits, much the same as private defense lawyers. Public defenders, who represent the poor, do not have the same immunity to...
Insurer Groups File Another Lawsuit Against SB 1899
Dec 21 2000 // Another lawsuit was filed yesterday in Los Angeles County Superior Court against SB 1899. Authored by Senate President Pro Tem John Burton (D-San Francisco), and signed into law by Governor Davis, SB 1899 allows certain...
