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- Updates.(Business Brief)
- Big Three automakers to offer benefits to same-sex partners DETROIT -- The Big Three U.S. automakers have decided to provide domestic partner health care benefits to their U.S. employees. Although the coverage will vary, all three companies will Big Three automakers...
- Research articles 2000-06-12
- Updates.(Brief Article)
- NCCI forecasts worsening workers comp combined ratios ORLANDO, Fla. -- Workers compensation insurers are facing "a pattern of accelerating deterioration" as two key combined ratios are both expected to increase several percentage points t NCCI forecasts worsening workers comp combined ratios ...
- Research articles 2000-05-01
- Updates.(multiple legal briefs concerning the insurance industry)(Statistical Data Included)
- N.Y. sovereign immunity bars punitive awards A federal court judge in New York set aside a $1 million punitive damages award against New York City in a sexual harassment case, ruling that despite New York City's human rights law, the city still has N.Y....
- Research articles 2001-07-02
- Punitive tobacco award fought; Cigarette makers hit with Florida ruling, lawsuit by E.U.
- MIAMI-Tobacco companies are appealing a Florida circuit court judge's decision to uphold a $145 billion jury award to sick smokers and his refusal to reduce the award and order a new trial. Dade County Circuit Court Judge Robert P. Kaye approved th MIAMI-Tobacco companies...
- Research articles 2000-11-13
- IBM TO INCREASE NUMBER OF WORKERS ALLOWED TO CHOOSE PENSION PLAN.
- ARMONK, N.Y. -- Under intense employee and political pressure, IBM Corp. last week said it will more than double the number of workers who can stay in its traditional pension plan or move into the company's new cash balance pension plan. About 65...
- Research articles 1999-09-20
Additional Resources
- Judge dismisses $16.5 million punitive damage award against Aetna
- HARTFORD, Conn.--BUSINESS WIRE--July 3, 1996--Ruling that "no reasonable jury could find that there was clear and convincing evidence that Aetna's conduct was outrageous," an Alaska federal judge has dismissed a $16.5 million punitive damages judgement against Aetna Life insurance Company.
- Research articles 1996-07-03
- Why pay $50,000 when you could pay $145 million?
- Avoiding Punitive Damage Claims In October 2001, the Utah Supreme Court upheld a judgment for $145 million in punitive damages against State Farm Mutual Automobile Insurance Company. The judgment was granted in favor of State Farm's insureds, the Campbells. State Farm might have avoided that liability by paying $50,000....
- Research articles 2002-10-01
- ExxonMobil fights jury's $3.5-billion verdict - Alabama offshore gas royalties case - Brief Article
- A jury in Montgomery, Alabama found ExxonMobil guilty of deliberately duping the state out of $1 billion in royalties from 13 natural gas wells that the oil company drilled in the state's coastal waters. The jury ordered ExxonMobil to pay $87.7 million in actual damages and $3.42 billion in punitive...
- Research articles 2001-02-01
- Sue Big Oil Over Global Warming? Court Tells Katrina Victims, Yes You Can!
- Landowners along the Mississippi Gulf Coast are blaming a mishmosh of oil, coal and chemical companies for property damage caused by Hurricane Katrina as a result of global warming. Yes, that's right, the specter of global warming lawsuits has come to call and thanks to a recent federal appeals ruling, the plaintiffs...
- Blog posts 2009-10-21
- High court says Utah can't take 50% of N.M. couple's award
- The Utah Supreme Court has ruled the state cannot collect 50 percent of a New Mexico couple's $5.5 million jury award. But the ruling does not negate a current controversial Utah law that allows the state to reap half of punitive damage awards provided in civil suits. Armand...
- Research articles 2005-12-03
- Excessive awards ruling seen as positive for small biz: state chamber agrees while national trial lawyers oppose Supreme Court decision
- Many believe the U.S. Supreme Court handed the business community a major victory over excessive punitive damage awards when the high court overturned a $145 million award against State Farm. In a 6-3 decision April 7, the Supreme Court found the award -- 145 times bigger than compensatory damages...
- Research articles 2003-04-28
- New Reality: Less For More
- Insurers are introducing new policy language that guts many D&O protections and could cost companies millions. Many insurers are demanding that clients agree to co-insurance, which requires the company to pay a portion (usually 10 to 20 percent) of the entire cost of the claim. Looking at having customers share...
- White papers 2002-04-01
- D&O Insurers Offer Less for More
- The real driver of premiums is the rise in sky-high securities class-action settlements. Insurers are introducing new policy language that guts many D&O protections and could cost companies millions. Many insurers are demanding that clients agree to co-insurance, which requires the company to pay a portion of the entire cost...
- White papers 2002-04-01
- Alabama Jury Returns Verdict Against Russell Corporation And Others
- ALEXANDER CITY, Ala.--BUSINESS WIRE--Nov. 18, 1998--Late Tuesday, November 17, 1998, a Jefferson County, Alabama, jury returned a verdict in Sullivan, et al. v. Russell Corporation (NYSE:RML), et al. Five plaintiff families were awarded a total of $155,200 in compensatory damages for property damage and $52,398,000 in punitive damages from the...
- Research articles 1998-11-18
- Turning Around an Apparently Poor Hiring Decision
- The interviews went great, the job candidate performed well on tests and assessments, and the enthusiastic references had nothing but high praise for your latest hire. And yet, despite a careful recruiting and hiring process, now that this person is on your payroll, you or perhaps some of your colleagues...
- Articles 2007-02-28
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