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Blog & Articles

Risk Settlements > Blog & Articles (Page 2)

Class Counsel’s Perspective on Class Action Settlements

When it comes to class action lawsuits, it is a universal truth that the class counsel will always want to settle. In fact, the sooner, the better as, class counsel is paid upon resolution. And, quicker resolutions, allowing the payment of a class benefit and a pathway to fees, are optimal. So, while defense counsel and the companies they represent consider whether settlement is even appropriate given legal and business interests, class counsel is already focusing on the structure of the settlement....

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What Type of Class Litigation is Best Suited for Insurance?

Deceptive or fraudulent marketing allegations, unpaid overtime, defective product claims and breaches of contract or warranty. These broad categories are just a few examples of the virtually countless types of class action litigation that can take full advantage of the benefits of Class Action Settlement Insurance (CASI) – the only insurance product available for existing class actions and their associated financial and business risks.

Wondering if you might be able to qualify for CASI? Learn about the types of settlements that work in conjunction with CASI and find explanations of potential class action cases by downloading the full Class Litigation and Insurance article below.

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Risk Mitigation and Settlement Strategies for Class Action Lawsuits

During the past decade, American businesses have seen a surge in consumer-driven class action lawsuits. Given the prevalence of these lawsuits, it is important to be vigilant in monitoring your business practices to avoid unnecessary exposure – and there are many steps that a company can take to do this.

To find out about these preventative measures, along with an in-depth explanation of class action terms, best practices and the ins and outs of how to deal with class action lawsuits, download the full Mealey’s Litigation Report article below.

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Did Congress Go Too Far?

Many federal statutes, including the Fair Credit Reporting Act, have provisions allowing for a recovery of statutory damages. But what happens when there is no concrete injury, as in the Robins v. Spokeo, Inc., case? The question then becomes whether statutory damages rises to the qualification of “injury in fact” under Article III for the purposes of certification in class action litigation.

Learn more about the Robins v. Spokeo, Inc., case, “injury in fact,” and what it means for future statutory class action cases by downloading the full “Did Congress Go Too Far?” article below.

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Class Action Litigation is Affecting Entire Industries

Did you know that many states limit how much healthcare and records management companies can charge patients for a copy of their medical records and bills? Did you know that the amounts charged vary for paper and electronic records? Many lawyers who specialize in class action lawsuits know all about these rules and are taking aim at companies over the costs to consumers. Considering a period of several years, the costs of these class actions can total millions of dollars in refunds and fees, but risk transfer insurance can help.

Learn more about the healthcare industry’s class action vulnerabilities through the Solon v. Midwest Medical Records Associates, Inc. case and how CASI could have helped mitigate the liability involved by downloading the full Class Action Litigation article below.

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