A Georgia state court judge recently preliminarily approved a $45 million settlement of a nationwide class action lawsuit concerning allegedly improper servicing of credit life and disability insurance policies in Toole v. JMIC Life Insurance Co., Georgia Super. Ct. Docket No. SU-03-CV-246 (filed 2003).
Read MoreA New York Appellate Court recently held that an excess insurer has no direct cause of action for malpractice against a law firm retained by the primary insurer to defend the insured as there was no privity or even “near privity” with the law firm.
Read MoreThe Ninth Circuit Court of Appeals recently vacated a Nevada federal jury award of $10 million in punitive damages against Paul Revere Life Insurance Company and Unum Provident.
Read MoreIn one of the largest civil settlements in U.S. history, Merck & Co., the New Jersey-based manufacturer of the anti-inflammatory drug Vioxx, recently agreed to pay $4.85 billion to end various Vioxx-related claims in which plaintiffs suffered a heart attack, sudden cardiac death, or stroke.
Read MoreAn Illinois Federal Magistrate Judge recently ruled that communications between an insurer and its reinsurer were discoverable in a coverage dispute between a policyholder and the insurer.
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