A California federal judge denied Starr Indemnity & Liability Co.’s bid to escape having to cover a suit alleging that Rawlings Sporting Goods Co. lied about the weight of its baseball bats, holding Monday that an antitrust exclusion does not apply to the underlying consumer protection claims.
Solar equipment supplier Shoals Technologies and software firm Qualtrics on Monday increased the projected sizes of their initial public offerings, which could raise $3 billion combined, beefing up an already packed lineup of at least 16 IPOs scheduled this week.
The Second Circuit backed a dismissal Monday of a Bermudan reinsurer’s $5 million securities fraud suit against a Bermudan capital investment company and its owner, agreeing with the lower court that the transaction was not bound by U.S. law.
Boy Scouts of America’s insurers have challenged the validity of sexual abuse claims brought after a legal advertising campaign saw claims grow from 1,700 to over 95,000, asking a Delaware bankruptcy judge to allow discovery on individuals and attorneys who filed claims in the organization’s Chapter 11 case.
The Ninth Circuit affirmed Monday a lower court’s decision to deny an Illinois insurance company’s bid to toss an engineering firm’s bad faith counterclaim under California’s anti-SLAPP law, finding that the counterclaim is a product of a coverage dispute and is therefore not protected by the statute.
LONDON — German industrial inspector TÜV SÜD is facing a claim for “significant damages” in the first civil lawsuit on German soil over its alleged role in the deadly collapse of a dam in Brazil two years ago. A group …
The Vermont Department of Economic Development announced today that the State of Vermont licensed 38 new captive insurance companies in 2020, Vermont is now home to 589 licensed captives, consisting of 564 active and 25 dormant captive insurance companies. “It is great news that Vermont has remained a consistent leader in the captive industry during the…
LAS VEGAS (AP) — Eight women who were taught by a former USA Gymnastics coach now facing lewdness and sexual assault charges are suing the Las Vegas gym where he trained them from 2009 to 2015. A civil negligence and …
WASHINGTON (AP) — President Joe Biden has directed law enforcement and intelligence officials in his administration to study the threat of domestic violent extremism in the United States, an undertaking being launched weeks after a mob of insurgents loyal to …
RICHMOND, Va. (AP) — A Virginia family has filed a lawsuit against two police officers who the group claim unjustifiably attacked them while responding to a car crash in 2019. In the lawsuit, Elder Chacon, Brenda Samayoa and their 12-year-old …
