Litigation

There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million, while drywall manufacturer Knauf Plasterboard Tianjin Co.

A federal judge is encouraging defendants currently outside the scope of a recently announced $712.5 million World Trade Center settlement to join the settlement, calling it fair and reasonable for injured plaintiffs.

NU Editor Sam Friedman's recent editorial columns on Eliot Spitzer and Maurice Greenberg are up for an award. See Sam's blog at www.NUSamSoapBox.com for details.

The Supreme Court, in a divided ruling on Monday, said part of the Sarbanes-Oxley Act of 2002 is "incompatible" with the Constitution.

A federal judge has granted final approval to a settlement of up to $712.5 million for workers' claims against the World Trade Center Insurance Company.