Claims / Legal
Critics Worry FEMA Isn’t Ready for Hurricane Season
With just a week to go before hurricane season, top jobs at the U.S. Federal Emergency Management Agency remain vacant and critics say that will make it harder for the government to respond to ...
FTC Urged to Probe Tesla Autopilot Ads
Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its ...
Hackers Have Infected Routers, Storage Devices Globally. Will Russia Again Attack Ukraine?
Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries with highly sophisticated malicious software, possibly in ...
May’s ‘Ring of Fire’ Storms Will Produce $2.5B in Insurance Claims: Karen Clark & Co.
Heavy wind, hail and rain storms—a "ring of fire" that struck most states east of the Rocky Mountains May 11-16—will likely produce substantial insurance claims, catastrophe modeling firm Karen ...
Billionaire Investor Icahn Sues to Prevent AmTrust From Going Private
Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family that controls the insurer to challenge a plan to take the ...
Europe’s Fledgling Cyber Insurance Market Stands to Gain From New Privacy Rules
Data privacy rules coming into force this week are giving Europe's fledgling cyber insurance market a boost as they make companies more aware of the risks caused by customer information breaches. ...
Companies Win Out in SCOTUS Class-Action Ruling
The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements ...
NRA Wants to Reverse Judge’s Decision Regarding Anonymous Teens in Florida Gun Case
The National Rifle Association is appealing a federal judge's decision barring two 19-year-old gun enthusiasts from using pseudonyms as a way to avoid public scrutiny in a lawsuit over Florida's new ...