Claims / Legal
AIG, Allianz Stand to Gain From Nestle’s $2.3B India Noodle Mess
As Nestle SA slugs it out with India's food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American ...
Hackers Commandeer Moving Jeep; Fiat Chrysler Offers Software Patch
Fiat Chrysler Automobiles NV is offering a software patch to close a loophole that let two hackers take control of a moving Jeep sport utility vehicle in an incident spotlighting the vulnerability of ...
AIG Unit Sued by Boy Scouts Over 1970s Sex Abuse Settlements
A unit of American International Group Inc. was sued by the Boy Scouts of America over claims it refused to provide insurance coverage for settlements of child sex-abuse cases from 1975 to 1980. The ...
Hiscox USA Brings On New Chief Underwriting Officer
Hiscox has named a new chief underwriting officer for its fast-growing U.S. unit. Nicole Goodwin will be based in Hiscox USA's New York City office. She replaces Gary Head, who will head to London to ...
Wells Fargo Wins Predatory Lending Lawsuit Dismissal in L.A.
Wells Fargo & Co on Friday won the dismissal of a lawsuit by Los Angeles that accused the largest U.S. mortgage lender of violating the federal Fair Housing Act by engaging in predatory lending ...
Uber Loses Bid To Toss Lawsuit Challenging Its Safety Claims
Uber Technologies Inc. lost a bid to dismiss a lawsuit over its claims to being safer than taxis. U.S. District Judge Jon Tigar in San Francisco on Friday allowed the case to proceed, finding that ...
Google Driverless Car Hit from Behind, Again
A Google driverless car was involved in the fleet's first collision to result in injury. One of Google's vehicles braked during a green light because of congestion, and the car behind hit it at 17 ...
Verisk Insurance Solutions Launches Device Reputation Service
Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and Portland, Ore.-based iovation announced the launch of the Verisk Device Reputation Service, a tool to ...