Litigation/Liability Trends
Two Execs at Lloyd’s Insurer TMK Booted After Sexual Harassment Allegations
Two executives at a top Lloyd's of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of ...
Three Business Cases Added to SCOTUS Roster That Would Curb Lawsuits
The U.S. Supreme Court bolstered its next term with three new business cases, agreeing to consider curbing lawsuits over environmental cleanups, employee retirement plans and allegations of racial ...
California May Expand Practice of Cutting Electricity to Reduce Wildfire Risks
Utility PG&E Corp proactively shut off power on Saturday to around 1,600 customers in northern California and said it might expand the shutdown to tens of thousands more due to an increased risk ...
Men Rejected for Google Jobs Clear Hurdle Over Lawsuit Alleging Liberal Bias
White conservative males who allege that liberal bias at Google Inc. doomed their chances of getting hired by the tech giant cleared the first hurdle to proceed with their lawsuit. A California state ...
The U.S. Faced Record Reports of Tornadoes, Hail, Winds in May: Aon
The U.S. dealt with close to 4,400 reports of tornadoes, hail and straight-line winds in May, the most since 2011, according to weather data cited by Aon's monthly Global Catastrophe Recap report. ...
Wells Fargo Will Pay at Least $385M to Settle Auto Insurance Scam
Wells Fargo & Co. agreed to pay at least $385 million to customers who say they were signed up for auto insurance without their knowledge or consent when they took out a car loan. Terms of the ...
One Big Storm Added to This Year’s Hurricane Season Forecasts
It only takes one. Just ask the survivors of Superstorm Sandy or Hurricane Katrina. Colorado State University, which pioneered seasonal storm forecasting 36 years ago, on Tuesday upped the ante for ...
California Utility Reportedly Planning $11B Fund to Resolve Wildfire Claims
PG&E Corp. has spoken to lawmakers about putting together a pool of capital worth about $11 billion to settle claims related to wildfires blamed on the bankrupt California utility, according to ...