Tag: lawsuits

U.S. Chamber of Commerce Research Shows Nuclear Verdicts’ Amount, Frequency Continue to Increase

Nuclear verdicts continue

Massive jury awards of $10 million or more—known as “nuclear verdicts”—continue to increase in size and frequency, according to a new study released today by the U.S. Chamber of Commerce Institute for Legal Reform.

APCIA: Commonsense Reforms Are Needed in Third-Party Litigation Financing

APCIA on the insurance industry, cost of insurance

The American Property Casualty Insurance Association (APCIA) released the following statement in support of today’s House Committee on Oversight and Accountability hearing entitled, “Unsuitable Litigation: Oversight of Third-Party Litigation Funding.”

Insurers in Florida Facing Multiple Crises

Homebuying is changing in FL

According to an Issues Brief published by the Insurance Information Institute (Triple-I), the turmoil in Florida’s homeowners insurance market is primarily caused by the state’s excessive number of lawsuits and commonplace fraud schemes. “Floridians’ homeowners’ insurance is becoming more expensive and scarce because the state has been the site of too much litigation and too… Continue reading Insurers in Florida Facing Multiple Crises

Colorado Sues Juul for Deceptive Marketing Practices Targeting Youth

Close-up of a young woman exhaling smoke vapour from an electronic cigarette, holding the device in her hand. Shot at home, indoors.

Colorado is suing e-cigarette maker Juul Labs, Inc., alleging the company intentionally marketed its products to youth and misrepresented them as a healthy alternative to cigarettes when they may have been more addictive. The lawsuit comes after a nearly yearlong investigation led by Attorney General Phil Weiser, who claims Juul violated the Colorado Consumer Protection… Continue reading Colorado Sues Juul for Deceptive Marketing Practices Targeting Youth

FDA Warns Retailers, Manufacturers to Remove Unauthorized E-Cigarette Products from Market

Juul lawsuit

Today, the U.S. Food and Drug Administration issued 22 warning letters to online and brick-and-mortar e-cigarette product retailers and manufacturers across the country who sell flavored, cartridge-based electronic nicotine delivery system (ENDS) products advising them that selling these products, which lack marketing authorization, is illegal. The warning letters were sent to some establishments with well-known… Continue reading FDA Warns Retailers, Manufacturers to Remove Unauthorized E-Cigarette Products from Market