Claims / Legal
Lawsuit Accuses VW ‘Top Brass’ of Orchestrating Emissions Cheating Years Ago
Volkswagen AG Chief Executive Officer Matthias Mueller became aware of emissions cheating a decade ago as part of a broad conspiracy orchestrated by "top brass," according to lawsuits filed by U.S. ...
AIG Unleashes New Primary Cyber Policy for Property/Liability Exposures
AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks. The insurance giant is marketing CyberEdge Plus as offering primary ...
AmTrust Abandons Lawsuit Against Italian Ex-Broker Over Bribery Claims
Insurance firm AmTrust Financial Services Inc. has filed to voluntarily dismiss all of its claims against one of its former insurance brokers in Italy who AmTrust alleged bribed an arbitrator. The ...
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 ...