Claims & Reserving
U.S. VW Diesel Probe Reportedly Expands to Software Maker Bosch
U.S. prosecutors are investigating whether Germany's Robert Bosch GmbH, which provided software to Volkswagen AG, conspired with the automaker to engineer diesel cars that would cheat U.S. emissions ...
Samsung Sued by Florida Man Alleging Explosion Injury From Galaxy Note 7
Samsung Electronics Co was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket. The lawsuit by Jonathan Strobel may ...
Porsche Drawn into VW Diesel Suits
Porsche Holding SE was dragged deeper into the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal. A group of institutional ...
Allstate’s August Pretax Catastrophe Loss Tally: $154M
Allstate said its estimated pretax losses in August came in at $154 million, a sizable decline from the previous month. The Illinois-based property/casualty insurance giant said those losses ...
Typhoon Meranti Wreaks Havoc in China and Taiwan
Typhoon Meranti wreaked havoc in China and Taiwan after striking late Wednesday, causing damage, widespread flooding and massive power outages, according to RMS. It appears, however, that things ...
Uber Driverless Auto Pilot Program Rolled Out in Pittsburgh
When Pittsburgh woke up on Wednesday morning, some residents started having the choice of going about their day in an Uber that drives itself. The launch of Uber's self-driving pilot program marks ...
Berkshire Hathaway Accused of ‘Reverse Ponzi Scheme’ in Workers Compensation Suit
Berkshire Hathaway Inc. duped a New York bicycle courier company into paying for a workers' compensation plan that diverted premiums into the insurer's own subsidiaries in violation of state laws, ...
46M People Could Benefit From $19B UK Suit Alleging Excessive Mastercard Fees
Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard demanding 14 billion pounds ($19 billion) in damages for allegedly charging excessive fees, ...