Claims / Legal
2015 Could Be Worst Year on Record for U.S. Wildfires: Munich Re America
When measured in terms of acres burned rather that insured losses, 2015 could go down in the record books as the worst wildfire year, a meteorologist from Munich Re America said last week. Mark Bove, ...
Women Rise in Manager Ranks; Black Managers Fall in Number: EEOC
Women's representation in U.S. management ranks is slowly increasing, while the share of African-American managers has slipped since the last recession, according to a report released last week by ...
Senators Probe Litigation Funding
Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck ...
Nestle Suit Alleges Slave Labor Used For Fish in Fancy Feast Cat Food
Nestle SA was sued over claims that its Fancy Feast cat food contains fish from a Thai supplier that uses slave labor. The complaint against the Swiss food giant follows one last week accusing Costco ...
Investors In the Dark About Worsening Corporate Cyber Crime Risks
Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the ...
Controversial Trinity Guardrail System Set For Extra Testing in Virginia
Trinity Industries Inc.'s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia's six proposed ...
Private Companies to Get Crack at U.S.-Developed Anti-Hacking Tech
Anti-hacking technology developed by the U.S. will be offered to banks and other businesses under an initiative to promote cutting-edge research, even as some security specialists question its value ...
10 Global Automakers Sued Over Keyless Ignition Defect That Leaves Engines On
Ten of the world's biggest carmakers were sued over claims that keyless ignitions lacking an automatic shut-off endanger drivers and passengers with deadly carbon monoxide fumes. Manufacturers ...