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Insurers on hook for Opal Tower class action costs after failed appeal
Two insurers have come up short in their appeal of a ruling that put them on the hook for the costs of Opal Tower consultant engineer WSP in a class action by residents.
CIMIC loses appeal against insurers over coverage for Iraq bribery cases
Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.
Covidien, TFS pelvic mesh class action settles with remaining defendants
A class action over pelvic mesh products supplied by device makers Covidien and TFS has reached a global resolution with the manufacturers and their insurers which brings the recovery total in settled mesh class action close to $450 million.