Claims / Legal
Several States Plan to Sue VW Over Diesel Emissions Scandal
New York and Maryland are among several states planning to sue Volkswagen AG over the environmental damage done by devices that were designed by the carmaker to cheat on pollution-control tests. ...
Dallas Police Use of Killer Robot Opens Risky Door
When Dallas, Texas, police used a bomb-carrying robot to kill a sniper, they also kicked off an ethical debate about technology's use as a crime-fighting weapon. In what appears to be an ...
Fiat Chrysler Reportedly Under U.S. Justice Dept. Fraud Investigation
Fiat Chrysler Automobiles NV is under investigation by the U.S. Justice Department for fraud, according to people familiar with the matter. Prosecutors are scrutinizing whether the carmaker violated ...
BP Deepwater Horizon Spill Liability Climbs to $61.6B
BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The ...
Hiscox: Fraud Risks Prevalent at Professional Services and Small Businesses
It turns out that mid size companies in the professional services and financial industries, and small businesses overall, are particularly vulnerable to white collar crime in the U.S., Hiscox ...
Insurance Industry Slams Treasury’s New Auto Insurance Affordability Formula
Federal regulators have adopted a methodology for monitoring the affordability of automobile insurance, capping years of debate and public comments. Property/casualty insurers, however, said the new ...
GM Loses U.S. Appeals Court Bid for Ignition-Switch Lawsuit Shield
General Motors' 2009 bankruptcy does not shield it from lawsuits over a deadly ignition-switch defect that led to criminal charges against the automaker and prompted the recall of 2.6 million ...
XL Group, Chubb and More Reveal High Q2 Cat Loss Estimates
Canadian wildfires, European floods, Japan and Ecuador earthquakes and U.S. hailstorms over the spring were dramatic enough at the time. Now, the damage these events left behind are leading a number ...