Claims / Legal
California Utility Expects to Make $4.8B Initial Contribution to Wildfire Fund
Power producer PG&E Corp said on Thursday its initial contribution to California's wildfire fund would be about $4.8 billion, and annual contribution about $193 million. The company said ...
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
European Heatwave Smashes Records, Foreshadowing a Possible New Normal
Belgian zookeepers fed chickens in giant ice cubes to tigers on Wednesday as northern Europe baked in record temperatures during another heatwave that climate experts believe could become the new ...
Facebook Agrees to Pay Record $5B to Settle Privacy Violation Claims
Facebook Inc. agreed to pay a record $5 billion to resolve a U.S. investigation into years of privacy violations, a settlement that increases the board of directors' responsibility for protecting ...
Equifax Customers Will Struggle to Get Claims Properly Addressed
Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company's $700 million U.S. settlement announced on Monday, but may face a ...
Lyft Releases Self-Driving Tech Data in Bid to Speed Its Development
Lyft Inc. is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant's ...
Privacy Lawsuits Benefit Attorneys More than Consumers: Chamber Study
Statutes allowing plaintiff lawyers to enforce privacy laws through private rights of action are clogging courts and provide no real benefit to consumers, a report from the U.S. Chamber of Commerce's ...
Google Settles 2010 Privacy Lawsuit With Modest Payment Agreement
Google is poised to pay a modest $13 million to end a 2010 privacy lawsuit that was once called the biggest U.S. wiretap case everand threatened the internet giant with billions of dollars in ...