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With third-party litigation funding reaching $17 billion in 2021, companies and their insurers are likely to see an uptick in social inflation in the years to come.
The latest court filings and cases that will have an impact on the risk management and insurance industry.
What happens after a building manager is put on the line for construction defects?
Tesla is ordered to pay former employee $6.9 million in damages for failure to prevent race-based harassment of factory workers.
A myriad of state and local laws and abrupt shifts from one administration to the next are creating challenges for employers trying to stay on top of it all.
The heavy metal band is suing its insurer, Lloyd’s of London, after Lloyd’s refused to cover losses caused by postponing shows due to the COVID-19 pandemic.
When a therapist abuses his power, the court is tasked with deciding if an employment practices liability policy will kick in to cover the underlying sexual assault claim.
With the Biden Administration’s newly released COVID-19 Action Plan and an Emergency Temporary Standard from OSHA, employers with large workforces are now required to mandate vaccinations or testing for employees.
Facebook shareholders claim that the company overpaid the Federal Trade Commission to keep CEO Mark Zuckerberg out of a complaint.
Entertainment conglomerate Disney is looking for insurance covers for COVID-related production shutdowns.
COVID vaccine mandates will soon make their way to the private sector, thus producing hurdles for employers along the way.
When a group of shareholders file suit against their company’s acquirer, they are faced with counterclaims of fraud and must defend themselves in court.
A judge recently ruled that Boeing shareholders are allowed to proceed with a lawsuit against the company following two fatal crashes.
A golf cart accident at a county fair leads to a court battle between the cart’s owner and its insurer.
A group of hotels in New Hampshire bring forth COVID-related BI claims to their insurers. The court rules in their favor.
In its arguments, the insured positioned the virus as a physical cause of loss, triggering its business income insurance policy.
QBE North America’s Robert McDade thinks outside the box to manage risk.
The latest court filings and cases that are likely to have an impact on the insurance and risk management industry.