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A law firm initially proposed a $100,000 settlement and alleges the insurer concealed a $500,000 death-claim limit.
Barclays estimated that insurers face claims of as much as $3 billion following the accident.
Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.
U.S. Supreme Court decides choice-of-law provision stands after yacht owner's insurance called for using state law of Pennsylvania over New York law.
The FBI projects the amount of cybercrime-related losses increased by more than 20% in 2023.
The Ninth Circuit didn't rule on the merits of the claims, but rather upheld a district judge's decision.
A Pennsylvania Supreme Court decision has set a higher bar for challenges to insurance policy exclusions.
Writing for the panel, Fifth Circuit Judge James E. Graves Jr. said the court must determine whether the five categories of costs were losses incurred solely as a result of the system failure.
Recent findings from the ADP Research Institute indicate 64% of workers with high student debt are looking to change jobs.
Is it still 'surface water' if it never reaches the ground level, or the 'earth's natural surface'?
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