Claims / Legal
Theranos Suit Alleges Dx Company Duped Investors About Tests, Performance
Theranos Inc. and founder Elizabeth Holmes were accused in a lawsuit of duping investors about the embattled medical-testing firm's performance and technology to raise about $100 million in funding. ...
Aon Expands Cyber Risk Advisory Abilities With Planned Stroz Friedberg Acquisition
Aon plc plans to snatch up a global cyber risk management advisory firm, a move that will allow the broker to beef up its services in a fast-growing sector of the business. An Aon subsidiary is ...
Hurricane Matthew Aftermath Leaves Hundreds Stranded in North Carolina Floods
Hundreds of people were rescued by boat and helicopter as floodwaters inundated North Carolina towns on Monday in the wake of Hurricane Matthew, and officials warned that life-threatening flooding ...
Florida Hurricane Risk Forces Big Cat Bond Plunge
Bonds tied to weather risks tumbled the most in four years as Hurricane Matthew lashed Florida. The Swiss Re Cat Bond Price Return Index dropped 1.7 percent last week, the steepest decline since ...
Apple/Samsung Patent Infringement Fight Reaches U.S. Supreme Court
The end of the smartphone wars is almost here. Six years after Apple Inc. filed its first lawsuit alleging unauthorized copying of the iPhone, the company will square off at the U.S. Supreme Court ...
Hurricane Matthew Moves Out to Sea; Flooding Continues, Death Toll Climbs
Residents of the southeastern United States ravaged by Hurricane Matthew turned their focus on Monday toward recovery and clean-up, but officials in several states warned that deadly flooding could ...
Hurricane Will Lead to $4B-$6B in Insured Property Losses; Reinsurers Remain Resilient
Hurricane Matthew may have diminished in intensity over the weekend, but wind and flood damage was substantial. Early analysis suggests the storm caused between $4 billion and $6 billion in insured ...
Hurricane Matthew Kills at Least 7 in NC; Power Outages, Flooding in 3 States
More than 1.5 million people are still without power as Matthew on Sunday brought Hurricane-force wind gusts and flooding to the outer banks of North Carolina, where the storm left at least seven ...