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20 Resources for

class action and insurance company

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Class Action: a civil law action taken by a group of individuals who have a common grievance against an individual, organization, or legal entity; Class Action definition on BNET »

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Late News; Bush signs class action reform measure.(George Bush W.): The House of Representatives last week passed, and President Bush signed, the Class Action Fairness Act. Among other things, the act permits the removal of certain class actions involving defendants and plaintiffs from multiple states to federal cour The House of Representatives last week passed, and...; Tags: Bush, class action, insurance company, Pension Benefit Guaranty Corp., Terrorism Risk Insurance Act; Research articles 2005-02-21
Class action bill backed by regulator.(Brief Article): WASHINGTON-As debate formally began in the Senate on class-action reform legislation last week, a panel of lawmakers heard an insurance regulator's concerns that nationwide class actions against insurers can undermine state regulators' authority. WASHINGTON-As debate formally began in the Senate on class-action...; Tags: class action, insurance, insurance company, regulator, U.S. Senate; Research articles 2002-08-05
Late News; Court strikes down ban on same-sex unions.(meshed briefs): The Massachusetts Supreme Court has ruled that the state cannot ban gay marriage, opening the way for gay and lesbian couples in the state to receive the same protections and benefits as heterosexual married couples. In its 4-3 decision in Hilary Goo The Massachusetts Supreme Court...; Tags: class action, insurance, insurance company, Terrorism Risk Insurance Act, Travelers Property Casualty Corp.; Research articles 2003-11-24
Tort reforms at top of industry wish list; Producer, insurer groups back reform of asbestos, med mal, class actions.(Agent/Broker Topics): Byline: ALLISON REYNOLDS Agents, brokers and insurers have a long list of legislative concerns this year, and at the top of that list is litigation reform. From asbestos to medical malpractice to class-action litigation, tort reform is one of th Byline:...; Tags: insurance company, asbestos, class action, U.S. Senate; Research articles 2003-07-07
Late News; Senate to take up class action bill Tuesday.(Insurance bill): The Senate plans to begin consideration of a class action reform bill late Tuesday. Senate Majority Leader Bill Frist, R-Tenn., had initially intended to bring the Class Action Fairness Act, S. 2062, to the floor June 1. But he delayed the vote after The Senate plans...; Tags: benefit, class action, insurance, insurance company, U.S. Senate; Research articles 2004-07-05

ILLINOIS TRUMPS THE NATION.: PROPONENTS OF reforming the rules governing class-action lawsuits owe a big debt of gratitude to an Illinois judge who inadvertently has made one of the best cases yet for changing the problem-ridden system. By certifying as a nationwide class act PROPONENTS OF reforming...; Tags: class action, insurance company, State Farm Mutual Automobile Insurance Co.; Research articles 1999-10-25
Allstate settles auto suit for $59 million. (Auto Insurance).(diminished market value of damaged vehicles class action suit in Georgia)(Brief Article): Allstate has become the latest auto insurer in Georgia to reach a multi-million-dollar class action settlement over claims for diminished market value of damaged vehicles. A $59 million settlement fund will be created, the Northbrook, Ill.-based i Allstate has become the latest auto...; Tags: Allstate Corp., class action, class action suit, insurance company; Research articles 2002-01-21
Class action suits have weakened state regulation, ACLI tells Congress. (D.C. Dispatch).(American Council of Life Insurers)(Brief Article): Class action lawsuits have steadily weakened the very fabric of state regulation of insurance, says the American Council of Life Insurers, Washington. Class action lawsuits have steadily weakened the very fabric of state regulation of insurance, says the American Council of Life Insurers,...; Tags: class action, class action suit, Council, insurance company, regulation, U.S. Congress; Research articles 2002-08-05
RUBIN JOINS CITIGROUP EXECUTIVE TRIAD.: NEW YORK-Citigroup, the financial services monolith formed by the merger of Citibank and Travelers Group, has named former U.S. Secretary of the Treasury Robert Rubin as chairman of the executive committee of the board. Although he will not be co NEW YORK-Citigroup,...; Tags: alliance, Citigroup Inc., class action, company, insurance company, Rubin, settlement; Research articles 1999-11-01
Asbestos, med mal reform advocates find efforts frustrated in Congress; But class-action reform is moving forward.(Insurer Topics): Byline: ALLISON REYNOLDS Insurer groups have had a somewhat disappointing year in terms of their efforts to promote various litigation reforms, but their hopes have not been dashed on all fronts. One key issue for insurers-reform of the asbestos Byline: ALLISON...; Tags: asbestos, class action, insurance company, U.S. Congress, U.S. Senate; Research articles 2003-07-21
Late News.(Business insurance news briefs): KWELM runoff could end by 2006 The administrators of the KWELM companies said they hope to complete the runoff of the five defunct London-market insurers within the next three years, which is about 10 years ahead of the original schedule. The KWEL KWELM...; Tags: class action, insurance, insurance company, reinsurance, Republic, workers compensation; Research articles 2003-05-19
Late News.(brief items): PBGC to take over WHX pension plan The Pension Benefit Guaranty Corp. said it would terminate a plan sponsored by New York-based WHX Corp. The plan covers employees and retirees of two subsidiaries-bankrupt steel manufacturer Wheeling Pittsburgh S PBGC to take over WHX...; Tags: class action, insurance company, Pension Benefit Guaranty Corp.; Research articles 2003-03-10
Ga. appeals court decertifies class action auto complaint.: Ga. Appeals Court Decertifies Class Action Auto Complaint The Georgia Court of Appeals has ordered decertification of a class action complaint against Aetna Casualty & Surety Co. involving more than 300 Atlanta motorists injured in car crashes. Ga. Appeals Court Decertifies Class Action Auto...; Tags: Aetna Inc., class action, health care, insurance company; Research articles 1990-12-03
Late News.(includes multiple briefs): Court tosses judgment in tobacco lawsuit A Florida appeals court has overturned a landmark $145 billion punitive damages judgment against tobacco makers, ruling that the decision was based on an illegal trial plan and that the award would bankrupt Court tosses judgment in...; Tags: class action, compensation, health care, insurance company, Internal Revenue Service, pollution, tax, tobacco; Research articles 2003-05-26
Timeline of developments in risk management in 2003.(Spotlight)(Calendar): January The federal terrorism backstop appears to be calming a jittery market as property insurance and reinsurance rates begin to level off for risk managers and insurers renewing their accounts in January. But while the property market continues January The...; Tags: class action, insurance, insurance company, risk management, Risk Manager, U.S. Senate; Research articles 2004-01-05
Insurers Ask Top Court To Derail Class Action.: A wide range of insurance groups is asking the U.S. Supreme Court to review a series of decisions in Illinois they believe could damage state regulation of insurance and subject insurance companies to unfair class-action lawsuits. The issue involves a A wide range of insurance groups is...; Tags: class action, insurance, insurance company, State Farm Mutual Automobile Insurance Co.; Research articles 1998-09-07
Insurers Ask Top Court To Derail Class Action: A wide range of insurance groups is asking the U.S. Supreme Court to review a series of decisions in Illinois they believe could damage state regulation of insurance and subject insurance companies to unfair class-action lawsuits. The issue involves aA wide range of insurance groups is...; Tags: class action, insurance, insurance company, State Farm Mutual Automobile Insurance Co.; Research articles 1998-09-07
Peanut butter leads to suit. (suit against Kraft Foods Ltd.): Kraft's Australian subsidiary faces class action MELBOURNE, Australia - An Australian manufacturer is facing a class-action suit after 550 people became ill from eating contaminated peanut butter. Melbourne-based Kraft Foods Ltd., a subsidiary of NortKraft's Australian subsidiary faces class action MELBOURNE, Australia - An Australian...; Tags: class action, insurance company, Kraft Foods Inc.; Research articles 1996-09-02
Appellate court upholds denial of Chubb shareholders' class action.(News): Byline: DAVE LENCKUS PHILADELPHIA-A group of Chubb Corp. shareholders cannot pursue securities fraud class action claims against the insurer because of faulty pleadings they continuously filed in the action, a federal appeals court has ruled. T Byline: DAVE LENCKUS ...; Tags: Appellate Court, Chubb Corp., class action, insurance company, shareholder; Research articles 2005-01-10
New York Life accord puts class action suit to rest. (New York Life Insurance Co. policyholders felt mislead by illustration in marketing literature): New York Life Insurance Co will settle a lawsuit brought by policyholders who felt they were misled by illustrations appearing in the company's marketing literature. The insurer did not have to admit wrongdoing, and it emphasized that the illustrations weNew York Life Insurance Co will settle a lawsuit brought by...; Tags: class action, class action suit, insurance company, marketing, policyholder; Research articles 1995-08-21