liability News

Boy Scouts Victims Committee Says Claims Worth $103 Billion

DOVER, Del. (AP) — The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy is asking a judge for permission to file its own reorganization plan, saying the plan proposed by the BSA falls woefully …

The Hard Work of Successful Subrogation

Ancient mythology and the modern practice of subrogation would seem to be strange bedfellows. Yet one story from the past has particular relevance when it comes to the never-ending toil required for aggressive and successful insurance subrogation. Sisyphus was the …

Insurers May Be on Hook for Millions Tied to Suez Canal Crisis

There were potentially thousands of insurance policies taken out on the steel boxes stacked high on the massive boat blocking the Suez Canal and upending world trade. They could result in millions of dollars in payouts — but first, a …

Florida Sends COVID-19 Liability Protection Bill to Governor

TALLAHASSEE, Fla. (AP) — Florida businesses, governments and healthcare providers will be protected from coronavirus lawsuits if they made a good effort to follow guidelines to prevent the spread of COVID-19 under a bill the House sent to Republican Gov. …

After Plane Crash, Utah Passes Law Requiring Pilot Insurance

ROY, Utah (AP) — The lawsuit from a 2017 crash of an airplane on 1900 West in Roy lingers on, more than three years after it was filed. The pilot, apparently, was not insured, leaving Samantha Sandoval — hit in …

Kentucky Senate Backs COVID Liability Shield for Businesses

FRANKFORT, Ky. (AP) — Legislation that would provide broad protections to shield Kentucky businesses from coronavirus-related lawsuits won approval from the state Senate after a long debate Monday evening. Senate President Robert Stivers described the measure as a necessary step …

Bankruptcy Judge Refuses to Halt Weinstein Co. Plan

WILMINGTON, Del. (AP) — The Delaware judge presiding over the Weinstein Co. bankruptcy has rejected a request by four women who have accused disgraced film mogul Harvey Weinstein of sexual misconduct to put her approval of the company’s bankruptcy plan …

Big Tech’s Democratic Critics Discuss Ways to Strike Back With White House

WASHINGTON, Feb 17 — Congressional Democrats have begun discussions with the White House on ways to crack down on Big Tech including making social media companies accountable for the spread of disinformation on matters such as the U.S. Capitol riot …

Business Owners Ponder Whether to Require COVID-19 Shots

NEW YORK (AP) — As more coronavirus vaccine doses become available in the weeks and months ahead, many business owners face a difficult decision: whether to require employees to be inoculated. And if they decide “yes,” they have to be …

Endless Boom in Blank Check Companies Is Wearing Out Insurers

The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year. That’s caused insurers to …