Lawsuits

Three people who bought PHL life insurance and annuity contracts from State Farm agents are seeking class-action status for their complaint, which was filed in Chicago federal court Nov. 26.

Attorneys Bob Tyson and Cayce Lynch share proven strategies for defending against nuclear verdicts and stemming the rise of social inflation.

Cayce Lynch and Bob Tyson of Tyson & Mendes will discuss the implications surrounding the rise in nuclear verdicts and the legal impacts associated with the increased use of emerging technologies like AI.

Cayce Lynch and Bob Tyson of Tyson & Mendes discuss the implications surrounding the rise in nuclear verdicts and the legal impacts associated with the increased use of emerging technologies like AI.

The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.

The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.

Artificial intelligence can act as an early warning system for claims professionals.

Amid the industry's surge in lawsuits over recent years, including the suit against Allstate and State Farm, learn more about past cases and how AI implementation could impact this trend.

ZestyAI approved for use by Texas Department of Insurance; U.S. sues National General Holdings Corp and subsidiaries plus more legal news.

The litigation comes amid heated debate over a Department of Labor rule meant to prevent excessive fees on sales of insurance products.

A half-dozen Maui wildfire victims sued a group of insurers, including State Farm and Allstate, accusing them of throwing a wrench into a tentative $4 billion deal to settle their claims.

There was an increase in cases involving business liability, business interruptions and non-hurricane homeowners policies, according to LexisNexis company, Lex Machina

Insurance associations sue U.S. DOL and other legal news.

A decision backing the surviving shareholder in a family business could have carried major tax implications to succession plans. Instead, SCOTUS backed the IRS.

Globe Life; AAA; and more law and legal news out of Maryland and Florida.

Telematics data class action; NHTSA grants for state crash data collection and more legal news.

Insurance carriers need more tools to combat social inflation and data sharing to create insights about the early litigation warning signals could help.

The unit will pay $48 million to consumers and $12 million to a victims' relief fund.

Warren Buffett's Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit.

Software can pull attributes out of a claim file to provide claims professionals with a risk assessment score for the likelihood that the claim file could go nuclear.