Litigation

A New York agents' association defended its lawsuit opposing a producer compensation regulation after a New York State Insurance Department representative questioned the group's motive in opposing disclosure and asked what the association has to hide.

Expanding potential liability for employers and their employment practices insurers, the U.S. Supreme Court gave the green light to an employment case involving the use of tests that have a disparate impact on a protected employment class.

Non-U.S. organizations vaulted up a premium ranking of writers of excess and surplus lines insurance in the United States in 2009, although industrywide U.S. E&S premiums shrank for the third straight year.

After seeing damages awarded against it in one lawsuit, a Chinese drywall maker announced last week that it settled a case brought against it by U.S. homebuilder Beazer Homes for an undisclosed dollar amount.

Insurance agents in Tennessee challenged by the number of claims from floods and tornadoes that hit the state may also be dealing with the prospect of lawsuits over accusations that they failed to properly advise customers about flood insurance.

A Chinese drywall maker announced that it settled a case brought against it by U.S. homebuilder, Beazer Homes, for an undisclosed dollar amount.

The Independent Insurance Agents & Brokers of New York has suggested additional language to the state Department of Insurance regarding disclosure regulation, as it gears up for a court challenge.

Shareholder derivative lawsuits against directors and officers of British Petroleum in the wake of the company's offshore oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field says.