Litigation/Liability Trends
Record Venice Floods Top November Catastrophe Losses
Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon's latest edition of its monthly Global ...
Airlines Prepare for Heightened, Climate Change-Related Weather Risks
Extreme weather is no longer exceptional, and that's forcing changes at some of the world's most diligent storm trackers: airlines. Weather delays in the U.S. have been trending higher the past four ...
Severe Sydney Air Pollution Setting Off Fire Alarms
Bushfire smoke smothered Sydney on Tuesday, setting off fire alarms, suspending ferry services and triggering health warnings over choking air pollution. The Sydney Opera House and harbor bridge were ...
Arizona Opioid Case Against Purdue, Sackler Family Rejected by SCOTUS
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family - owners of Purdue Pharma LP - ...
California Utility’s $13.5B Settlement With Fire Victims Sends Stock Soaring
PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines -- a major step toward resolving the biggest utility ...
U.S. Charges Russian ‘Evil Corp’ With Fueling a Decade of Bank Hacks
The U.S. unveiled charges and sanctions against members of a hacking entity calling itself Evil Corp that authorities said was behind some of the worst computer hacking and bank fraud schemes of the ...
Saudi Aramco Reportedly Pursuing Insurance Against War/Terror Attacks
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the ...
Wildfires Rage in Australia, Ravaging Sydney’s Air Quality
Sydney is world famous for its shimmering harbor and clear blue skies. Not this summer. As bushfires ravage the country's east coast, pollution is becoming a regular occurrence in Australia's biggest ...