Claims / Legal
NHL Sued by TIG Insurance Over Defense of Concussion Lawsuits
The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of ...
BofA Settles with FGIC, Mellon Over Mortgage Securities for $950M
Bank of America Corp., the second- largest U.S. lender, said it reached a $950 million settlement tied to residential mortgage securities backed by Financial Guaranty Insurance Co. The accord ...
Why Hands-Free Cellphones Are Not Safer: Safety Council
A National Safety Council public opinion poll indicates that 80 percent of drivers across the country believe that hands-free devices are safer than using a handheld phone despite evidence to the ...
Cyclone Ita Update: Ports Reopen, Power Resumed
Queensland remained on alert for flash floods and destructive winds Sunday as Tropical Cyclone Ita hugged the northern coast of Australia's second-largest state. Gales with gusts of up to 110 ...
NHL Sued by Ex-Players Over Culture of ‘Extreme Violence’
The National Hockey League was sued by nine former players who claim a culture of "extreme violence" resulted in head injuries and subsequent long-term consequences related to trauma. The NHL has ...
Australian Ports Shut in Advance of Storm; Intensifying to Yasi Strength
Residents of Australia's Queensland state sought refuge in evacuation centers and stocked up on provisions ahead of the strongest storm since Cyclone Yasi flattened homes and downed power lines in ...
CO2 Won’t Replace Fracking Water Anytime Soon, GE Research Says
Carbon dioxide, used for years to force crude oil out of old wells, likely will not replace water in fracking anytime soon because of technical challenges and limited infrastructure, says General ...
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...