payouts News

Wisconsin High Court Rejects Bull Attack Compensation Claims

MADISON, Wis. (AP) — A man who fell into depression and attempted suicide after he was gored by a bull can’t sue an insurance company for deciding to stop covering his medication, the state Supreme Court ruled Thursday. According to …

Legal Malpractice Claims Frequency Reaches Plateau After Year of Record Payouts

Legal malpractice claims frequency leveled off in 2020, after two years of record payouts and total costs that approached $1 billion, according to a survey by Ames & Gough. The national brokerage, based in McLean, Virginia, said nine out of …

PG&E Exits Bankruptcy After Wildfires Pushed It to Brink of Ruin

Nearly a year and a half after collapsing under $30 billion in liabilities from wildfires sparked by its equipment, PG&E Corp. has emerged from the biggest utility bankruptcy in U.S. history. The California power giant said in a statement Wednesday …

GOP Lawmakers Look to Limit Car Accident Claims in Louisiana

BATON ROUGE, La. — Louisiana’s Republican lawmakers Tuesday advanced proposals to limit damage claims against businesses in car wreck lawsuits, pushing ahead with the pre-coronavirus priority as Democrats argued the debate was inappropriate amid a pandemic. House and Senate committees …

Global Insurance Regulators Say Forced Pandemic Payouts Risk Financial Instability

LONDON — Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted …

Judge to OK $215M Settlement for USC Gynecologist’s Patients

LOS ANGELES — A federal judge is likely to approve a $215 million class-action settlement with thousands of former patients of a campus gynecologist at the University of Southern California who has been accused of sexual abuse and misconduct, The …

Surge of New Abuse Claims Threatens Church Like Never Before

NEW YORK — At the end of another long day trying to sign up new clients accusing the Roman Catholic Church of sexual abuse, lawyer Adam Slater gazes out the window of his high-rise Manhattan office at one of the …

Claims Against Florida Police Total More Than $1M

Records show that more than a $1 million has been paid out since 2005 in claims against a South Florida police department. The city of Fort Lauderdale released a list of claims and payouts in response to a public records …

Indiana Officials Discuss Claim Payouts in Stage Collapse

Only those who were physically injured in last month’s state fair stage collapse and the families of those who were killed will likely get a cut of the $5 million the state is legally liable to pay out, Indiana’s attorney …