London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority (FCA) said on Tuesday. The FCA, which brought …
Barclays Plc won a Supreme Court ruling over allegations that a doctor sexually assaulted patients while conducting physicals for the bank more than 30 years ago. The court said Barclays wasn’t financially liable for the assaults, which took place from …
BATON ROUGE, La. — A group of Louisiana flood victims who have been owed over $300 million for the past decade have filed a lawsuit against the state for failure to pay. The Advocate reports that Tangipahoa Parish home and …
DES MOINES, Iowa — The Iowa Supreme Court on Friday dramatically reduced the compensation a paralyzed northeast Iowa man received from a jury in a lawsuit against an insurance company even while finding the company’s actions were “reprehensible.” Despite criticizing …
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a $25 million judgment it was ordered to pay to a California man who blamed the company’s Roundup weed killer for his cancer. In …
The Alabama Supreme Court is ordering a new trial in a lawsuit that resulted in a more than $1 million judgment against an auto parts manufacturer. The justices on Friday sided with Guyoungtech USA, Inc. It makes parts in Conecuh …
The Anchorage School District is facing a $4.5 million judgment after being found negligent in a lawsuit filed by the family of a student who was severely injured after falling at his school. The Anchorage Daily News says Superior Court …
A Central Falls, R.I., woman has been awarded $1.3 million in judgment against Hasbro Children’s Hospital. Attorney Ronald Resmini tells the Providence Journal his client, Fatima Delacruz, was permanently disabled when she fell and fractured her kneecap outside a hospital …
The Louisiana Supreme Court says it won’t reconsider a $92.7 million judgment against Louisiana’s state-backed insurer of last resort for handling claims too slowly after Hurricanes Katrina and Rita in 2005. Louisiana Citizens Property Insurance Corp. will ask the U.S. …
Louisiana Insurance Commissioner Jim Donelon says he will ask the state’s highest court to reconsider its reinstatement of a $92.8 million judgment against Citizens Property Insurance Corp. for its slow adjustment of policyholder claims after hurricanes Katrina and Rita in …