Claims / Legal
Wal-Mart Sued by Shooting Victims’ Families Over Sale of Bullets
Wal-Mart Stores Inc , the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used ...
Texas Tornadoes Led to Bulk of Dec. U.S. Insured Storm Losses: Aon Benfield
The last 10 days of 2015 turned out to be brutal in terms of weather, contributing to at least $2 billion in insured losses for the month of December, according to Aon Benfield's Impact Forecasting. ...
California Welcomes El Niño-Driven Rain and Snow
Egged on by El Nino, rain is falling across California. While it's welcome, wanted and setting records, it still isn't enough to bust the drought. That doesn't mean the mood is dour because after ...
FitBit Accused of Selling ‘Wildly Inaccurate’ Heart Monitoring Devices
FitBit Inc.'s heart monitoring devices are called "wildly inaccurate" in a lawsuit accusing the company of false advertising. Devices sold by the leading maker of fitness trackers "are mis-recording ...
U.K. Insurers Can Handle Nation’s Historic Floods: A.M. Best
As the U.K. continues to deal with a winter of historic flooding, strong balance sheets and an otherwise light year for bad weather will allow insurers to absorb the losses, A.M. Best concluded in a ...
Volkswagen, Slammed by Emissions Lawsuit, Pledges U.S. Car Fixes
Volkswagen AG vowed to emerge from the diesel scandal even as authorities in the U.S. toughen their stance. "We are confident we will find good solutions for the affected U.S. vehicles," Herbert ...
Is El Niño Making Way for La Niña?
The El Nino that disrupted weather worldwide last year has peaked. Now forecasters are predicting what may be next for the world's climate. A number of El Nino-Southern Oscillation indicators suggest ...
GM Gears Up for Jan. 11 Start of ‘Bellwether’ Ignition Switch Trial
A U.S. judge last Wednesday rejected General Motors Co.'s bid to dismiss the first so-called "bellwether" case over defective ignition switches in its vehicles, clearing the way for a Jan. 11 trial. ...