Insurance News & Info

Goldman Sachs Group Inc. was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District Judge Harold … View full post on Insurance Journal » News

A Hinds County judge will decide if Mississippi governmental agencies are liable for the wounding of a bystander during a 2008 shooting. The Clarion-Ledger reported that Circuit Judge Winston Kidd presided over a four-day trial that ended last week. Kidd … View full post on Insurance Journal » News

A federal judge in Boston has ordered 14 drug companies to negotiate settlements for 53 women who claim their breast cancer was caused by an anti-miscarriage drug their mothers took decades ago. Lawyers for the women said U.S. Magistrate Judge … View full post on Insurance Journal » News

A South Carolina judge has granted preliminary class-action status to lawsuits alleging defective stucco work on homes in Sun City Hilton Head. The Island Packet of Hilton Head reported that  Judge J. Michael Baxley issued the order last month. The … View full post on Insurance Journal » News

A judge has dismissed most of the claims in a lawsuit by two women who alleged their daughter’s teacher discriminated against the girl because her parents are gay. Shannon Peterson and Jessica Bissell sued the Rio Rancho Public Schools district … View full post on Insurance Journal » News

A Mississippi judge has thrown out a $322 million lawsuit verdict that had been hailed as the largest asbestos award for a single plaintiff in U.S. history. The case began to unravel last year after defense lawyers asked the Mississippi … View full post on Insurance Journal » News

A federal judge ruled that BP was not negligent in the case of a 2009 oil spill and did not violate the terms of its probation from an earlier accident thus escaping further punishment. The decision is a victory for … View full post on Insurance Journal » News

A federal judge has barred New York City’s Taxi and Limousine Commission from issuing permits for taxicabs unless they’re accessible to people with disabilities. Advocates for the disabled say it’s a milestone decision that could have national implications. Federal Judge … View full post on Insurance Journal » News

A federal judge has signed a default judgment finding Iran, the Taliban and al-Qaida liable in the Sept. 11, 2001 terrorist attacks. Judge George Daniels in Manhattan signed the judgment last Thursday, a week after hearing testimony in the 10-year-old … View full post on Insurance Journal » News

A judge who was assigned to hear all of the asbestos cases in her southwestern Illinois county was stripped of those cases after it was revealed her campaign committee received $30,000 in contributions from area law firms specializing in asbestos-related … View full post on Insurance Journal » News