binding arbitration News

NJ Supreme: Statute Allows Construction Defect Claim; Arbitration Clause Applies

New Jersey’s Direct Action Statute allows a condominium association’s construction defects claims against an insurer, but the plaintiff must comply with a binding arbitration clause in the policies, the state Supreme Court ruled Monday. The unanimous decision overturns rulings by …

No Arbitration in CCC’s Trade Secrets Lawsuit Against Competitor

Tractable admits it used fake names to obtain a license to use CCC Intelligent Solution’s auto damage appraisal technology. Whether the London-based insurtech also defrauded CCC and stole trade secrets hasn’t been proven, but a federal appellate panel ruled that …

Lawmakers Pass Workers’ Compensation Changes

Lawmakers approved a series of changes to California’s workers’ compensation system late Friday, sending Gov. Jerry Brown a 170-page bill that arose in the final days of the legislative session. The Senate passed SB863, 34-4, hours after the Assembly approved …