Legal/Regulatory

Chamber Pushes for Reform as Foreign Investors Exploit U.S. Legal System Through Litigation Funding

Congressional bills aim to close tax advantages and increase transparency in $16 billion third-party litigation funding industry.

Texas Supreme Court Rules Nonsubscribing Employers Can Designate Responsible Third Parties

Louisiana Court Rules in Favor of Asbestos Victim’s Family in Insurance Coverage Dispute

8th Circuit Upholds Insurer’s Denial of Coverage to Additional Named Insured

Nuclear Verdicts Skyrocket: Corporate Lawsuit Awards Surge 116% to $31.3 Billion in 2024

Recently in Legal/Regulatory

Rising Star Stephen Kyriacou Discusses the Growing Potential of Litigation Risk Insurance

2023 Rising Star Stephen Kyriacou is leveraging his “Big Law” background to help companies continue growing and thriving amid high-stakes litigation.

Attorney Vaccination Status Becomes Subject of Investigation, Court Must Decide if Insurance Should Cover the Defense

After giving false affirmative statements in court that he was vaccinated, this attorney faces court scrutiny over alleged misrepresentations.

Hey, Claims Team, Nuclear Verdicts Got You Down? Partner with Legal to Get Ahead of Ballooning Costs 

Current legal trends cast a shadow over claims management, but partnership between claims and legal could be the necessary light in the darkness.

Legal Roundup: AI Privacy Suit Settled by Vimeo, Starbucks Is in Hot Water for Racial Bias and More

The latest legal filings and cases likely to have an impact on the insurance industry today. 

Legal Roundup: Delta’s Carbon Neutral Woes, Bank of America Faces Class Action and More

The latest legal filings and cases likely to have an impact on the insurance industry today. 

When One Company Fails to Collect and Remit Excise Taxes, Its Insurer Takes It to Court Over Application Misrepresentations

Telecommunications equipment and services provider Call One allegedly failed to collect and remit certain excise taxes and infrastructure maintenance fees owed by its customers, resulting in an investigation. Its insurer refused to cover defense.

Legal Roundup: New Mexico Battles ‘Forever Chemicals’ Makers, Zogg Fire Criminal Charges Dropped and More

The latest legal happenings likely to have an impact on the risk management and insurance field today.

When Lawsuits Are Investments. Uncovering the Pernicious Toxicity of Litigation Funding

Factors like the increasing popularity of third-party litigation funding are contributing to rising litigation costs in the U.S.

The Predict & Prevent™ Podcast Episode 4: Integrating Insurance Regulators into the Predict and Prevent Conversation

Insurance regulators are important partners as insurers transform how they work with consumers to move beyond detect and repair and promote Predict & Prevent.

Will Insurance Come to the Rescue in Biometric Data Handling Claims? New Privacy Laws Could Be Kryptonite for Liability Coverage

Major biometric damages claims are here to stay, and companies using biometric-based tech must watch out for new exclusions in their liability coverage.

and

Legal Roundup: Wells Fargo Announces Settlement for Shareholders, Former ByteDance Exec Sues for Wrongful Termination and More

The latest legal happenings likely to have an impact on the insurance space today. 

Legal Roundup: CVS Sued for Using AI Lie Detectors in Hiring, FTC Files to Halt Amgen’s $27.8B Takeover and More

The latest court cases and filings likely to have an impact on the risk management and insurance field today.

Injured Worker’s Medical Marijuana Reimbursement Questioned in Court

Decades after this worker’s injury, he is prescribed medical marijuana for pain management. But when the employer denies reimbursement, the conversation of coverage is brought into court.

$800 Million Settlement Reached for Retirees in CalPERS Long-Term Care Pension Plan Blunder

Poorly misjudged inflation rates led people invested in the CalPERS long-term care insurance to pay extremely high rate hikes. The group took the pension plan company to court.

Legal Roundup: Kanye West/Adidas Partnership Ignites Lawsuit, City of LA Settles in Power Line Death and More

The latest legal happenings likely to have an impact on the insurance industry today. 

Transgender Officer Looks to Employer Health Insurance for Gender-Affirming Surgery Coverage. Denial Leads to a Discrimination Suit

A Georgia officer’s gender-affirming surgery is denied coverage by her employer’s health insurance. The legal battle continues at the federal level in court.

Legal Roundup: Pilot Suit Over NetJets, a Corpse in a Drink Cooler and More

The latest court cases and filings with an impact on the risk management and insurance field.

Legal Roundup: Cities Accuse Carmakers of Insufficient Anti-Theft Tech, Nine States Join DOJ Antitrust Against Google and More

Multiple cities have filed suit against Kia and Hyundai for lack of anti-theft technology after a rash of car thefts.

Court Decides Who Should Pay for Injured Worker’s Chronic Back Pain Treated with Medical Marijuana

When this injured worker self-weaned off opioids as a pain management medication, he turned to medical marijuana. The court had to decide who was responsible for payments.

Legal Roundup: Ex-Twitter Executives Sue Company, Chipotle Versus Sweetgreen and More

The latest legal cases that are likely to have an impact on the insurance and risk management industry.