Claims / Legal
Many VW Keyless Systems Appear Vulnerable to Hacking
Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, ...
Insurance Groups and Others Urge China to Revise Draft Cyber Rules
In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules, ...
Zurich’s General Insurance Unit Sees Profit Rise as Reorganization Continues
Zurich Insurance Group AG rose to the highest in eight months on higher profit at its largest unit, adding to signs that an overhaul at Switzerland's biggest insurer is starting to bear fruit. ...
The Latest Launches from Great American, Allianz and Validus
Great American Insurance Group launched a professional liability endorsement covering the administration of a drug to counteract opiates such as heroin. Validus Holdings subsidiary Talbot ...
Pacific Gas & Electric Found Guilty of Federal Charges in CA Pipeline Blast
Pacific Gas & Electric Co was found guilty on Tuesday of several federal charges stemming from a natural gas pipeline explosion in California that killed eight people and injured 58 others in ...
Yale, NYU, MIT Face Federal Suits Alleging Excessive Retirement Plan Fees
Three well-known U.S. universities, MIT, New York University and Yale, have been accused of charging millions of dollars in excessive fees to participants in their retirement plans, according to ...
Chevron Wins Victory in $8.6B Ecuador Toxic Waste Lawsuit Fight
Chevron Corp. won a victory in its long-running battle over toxic waste in Ecuador after an appeals court found the American lawyer representing indigenous villagers committed fraud and barred him ...
6 U.S. Ports Are at Greatest Global Risk for High Natural Catastrophe Losses
Six U.S. ports are among 10 globally at biggest risk of high insurance losses stemming from earthquake, wind and storm-surge catastrophes, according to a new RMS analysis. The California-based ...