Claims / Legal
Germany Orders Volkswagen to Recall 2.4M Rigged Diesel Cars
The German government forced Volkswagen AG to recall about 2.4 million diesel cars after throwing out the carmaker's proposal for voluntary repairs, setting off a chain reaction by authorities across ...
Air Accidents Are at a Record Low
As the spotlight falls on Dutch crash investigators and their high profile probe into the downing of a Malaysian airliner, air accident detectives worldwide are waging a much more discreet daily ...
WCRI Studies Examine Medical Costs Drivers; Reform Impacts for 17 States
The Workers Compensation Research Institute (WCRI) has published a new set of studies looking into factors driving trends of medical payments in state workers compensation systems. Specifically, the ...
PartnerRe Losses From Tianjin Explosion Estimated at $50M-$70M
PartnerRe, soon to be acquired by the Italian investment firm EXOR, has chimed in with initial loss estimates from the Tianjin explosion in China. The Bermuda-based reinsurer said its Tianjin-related ...
Extreme Western Wildfires Are Not New Occurrence: University Research
New research by scientists at the University of Wyoming has found that extreme wildfire seasons are nothing new in the Rocky Mountain region: They also happened hundreds of years ago, after global ...
Amtrak Sponsors Cat Bond for NE Storm Surge, Wind, Quake
Amtrak is getting $275 million of reinsurance protection from the capital markets for its wholly owned captive, covering storm surge, wind and earthquake perils, according to GC Securities. GC ...
Germany Approves Draft Law Extending Nuclear Liability for Utilities
German Chancellor Angela Merkel's cabinet approved a draft law on Wednesday which ensures that utility companies remain liable for costs associated with the shutdown of the country's nuclear power ...
Apple Faces Hefty Damages After Losing Patent Lawsuit to UWM
Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison's licensing arm without ...