NEW YORK—One of the first liability lawsuits from the Sept. 11 terrorist attacks has been filed in a New York federal court, although it remains to be seen how many other victims’ families will choose to go to court rather than participate in the federal Victims Compensation Fund.
KANSAS CITY, Mo.—State insurance regulators have agreed to begin allowing insurers to exclude terrorism losses if a terrorist act causes total insured losses of more than $25 million, according to the president of the National Assn. of Insurance Commissioners.
SAN FRANCISCO—In a spilled-milk case, California’s Supreme Court unanimously ruled that store owners can be liable for customer injuries when the store fails to clean up dangerous conditions within a reasonable time period.
The court, in Richard M. Ortega vs. Kmart Corp., however, did not...
