breach of contract News

6th Circuit Affirms Class Action Suit to Collect Underpayments by State Farm

A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty Insurance Co. that may force the insurer to correct underpayments paid to some 65,000 policyholders. A 6th Circuit Court of …

Whisper Users Sue Over Exposure of Almost 900 Million Records

The maker of an app that allows people to anonymously post everything from family secrets to stories of infidelity was sued for exposing almost 900 million user records on the internet. Three women — who said they started using the …

Owner’s Latest Claim for Damaged Yacht Hits Shoal in Federal Appellate Court

James Shackleford paid $120,000 for a 65-foot sailboat in 2009, hoping to fix up the vessel and one day sail around the globe. That voyage never happened. Instead, the yacht that Shackleford christened Sea the World was struck by lightning. …

Texas Supreme Court Clarifies Bad Faith in Appraisal Process

An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act, a split Texas Supreme Court …

Hotel Owner Sues Insurance Company After Vegas Mass Shooting

LAS VEGAS — More than 4,000 people are seeking damages from MGM Resorts International related to the Las Vegas Strip mass shooting that left 58 people dead, the casino giant said in a lawsuit alleging its insurance company has failed …

Black Soybean Farmers File Suit Claiming Faulty Seeds, Discrimination

Soybean farmers David Allen Hall and Tyrone Grayer had high hopes when a farm-show salesman told them the seeds he sold would bring good yields in their fertile Mississippi Delta fields, and were less likely to be damaged by weeds. …

Former Worker Says Tesla’s Firing Denied Him Lucrative Shares

A former Tesla Inc. factory worker filed a lawsuit alleging the automaker fired him a day before his one-year anniversary, denying him hundreds of thousands of dollars worth of stock options that he claims should have vested. Stephen Platt – …

Texas High Court Establishes Clear Rules for Breach of Contract, Bad Faith Suits Against Insurers

In an effort to clear up confusion as a result of past decisions, the Texas Supreme Court announced five rules that “address the relationship between contract claims under an insurance policy and tort claims under the Insurance Code.” The clarification …

Court Rules Insurer’s Privacy Policy Can Give Rise to Breach of Contract Claim

Do your privacy policies give a clear, conspicuous and accurate statement of the company’s practices? The major federal privacy statute applicable to insurers is Gramm-Leach-Bliley, 15 U.S.C. § 6801 et seq., which applies to all financial services companies. A number …

Jury Awards Montana Woman $1.75M for Damaged Home

A woman will receive $1.75 million from two companies after a drainage system they installed caused extensive damage to her Billings, Mont., home. The Billings Gazette reports Oakland Home Builders Corporation, Gary Oakland, the CEO and chairman of The Oakland …