Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says June 7, 2024 By Susanne Sclafane Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
COVID Impacts Linger in Courtrooms, Often a Disadvantage for Defendants August 19, 2022 By Jim Sams GARDEN GROVE, California — Courts have reopened and trials have resumed, but the impacts of COVID-19 continue to linger in...
Swiss Re: Litigation Funders Driving Social Inflation, ‘Outsize’ Verdicts December 10, 2021 By Jim Sams Swiss Re said in a report released Thursday that litigation funding has become a $17 billion industry globally, with 52%...
Judge Hears Arguments on Who Should Control Murdaugh’s Money November 1, 2021 By Jeffrey Collins CHESTERFIELD, S.C. (AP) — A South Carolina lawyer involved in a half-dozen state police investigations has been cagey about his...
Malpractice Claims Frequency Holding Steady While Severity Increases October 15, 2020 The frequency of hospital professional liability claims is holding steady, but the cost of those claims is expected to increase...
Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits May 27, 2020 By Jef Feeley and Tim Loh Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use...
Bayer Pays $39.5 Million to Settle Roundup False-Ad Lawsuits March 31, 2020 By Jef Feeley Bayer AG agreed to pay $39.5 million to settle allegations that its Monsanto unit ran misleading ads about the controversial...
Alabama Lawmakers Pass Bills to Limit Lawsuit Abuse June 1, 2011 By BOB JOHNSON The Alabama Legislature has taken another step toward erasing the state’s one-time reputation for juries returning big cash lawsuit verdicts....