Claims & Reserving
Oil Companies Seek Dismissal of Suit Holding Them Liable for Global Warming Damages
Lawyers for major oil companies on Wednesday urged a federal judge to throw out a lawsuit filed by New York City seeking to hold them financially liable for damages caused by global warming. Theodore ...
A $42B Cryptocurrency Plunge Follows South Korean Hack Attack
The 2018 selloff in cryptocurrencies deepened, wiping out $42 billion of market value over the weekend and extending this year's slump in Bitcoin to more than 50 percent. Some observers pinned the ...
Calif. Utility Risks Criminal Charges for Devastating Wildfires
Late Friday, California confirmed what many across the state's devastated wine country had suspected for months: Equipment owned by utility giant PG&E Corp. ignited some of the deadliest and most ...
Yahoo Must Make Privacy Changes in EU Due to Massive Data Breach
Yahoo's European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens. Yahoo, most of whose assets were ...
Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk
Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...
GM Resolves Lawsuit Regarding Motorcyclist Struck by Self-Driving Auto
General Motors Co agreed to settle a lawsuit filed by a motorcyclist involved in a minor crash with one of its self-driving cars in San Francisco late last year, the U.S. automaker said on Friday. ...
Calif. Wildfire Relief Fund Reportedly Mulled to Address Liability Costs, Relief
California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a ...
New Hurricane Season Begins as Houston Continues Rebuilding From the Last One
In an empty lot where Vincent Shields' Houston home once stood, he points out properties whose owners were driven out after Hurricane Harvey inundated the region last summer. "On this street there's ...