Litigation/Liability Trends
Expect at Least $2.5B in Insured Losses From Calif. Woolsey Fire: AIR Worldwide
Catastrophe risk modeling firm AIR Worldwide estimates at least $2.5 billion in insured losses from the Woolsey Fire in Southern California. AIR said that its estimate of insured losses is based on ...
Judges Skeptical About Combining 3M, DuPont Suits Over Cancer-Linked Chemicals
Creating a massive lawsuit over cancer-linked chemicals found in around a third of Americans' drinking water got a skeptical reception in federal court Thursday. A panel of seven judges in Manhattan ...
Report: Ex-GE Employees Being Questioned About Legacy Insurance Business
General Electric Co's former employees are being questioned by federal investigators about details in a legacy insurance business that led to accounting issues at the conglomerate last year, the Wall ...
Marriott Cyber Attack Puts Data From 500 Million People At Risk
Marriott International Inc. has been investigating a hack involving unauthorized access to the guest reservation database at its Starwood unit since 2014, in what may be one of the biggest such data ...
PG&E Declined to Cut Power During Windstorm as California Wildfire Ramped Up
In the days before California's deadliest wildfire erupted near a PG&E Corp. power line during a windstorm, the company kept a close eye on the weather, warned customers it might shut off ...
Climate Change Talks Scheduled to Begin With Backdrop of Intense Political Divisions
Divisions within Europe and tension between the United States and China pose major challenges to the next round of United Nations talks on climate change. The most important U.N. climate conference ...
SCOTUS Appears Open to Letting Apple App Store Antitrust Suit Proceed
U.S. Supreme Court justices on Monday appeared open to letting a lawsuit proceed against Apple Inc that accused it of breaking federal antitrust laws by monopolizing the market for iPhone software ...
Allianz, Boeing Win as U.S. Judge Dismisses Suit Over Missing Malaysia Airlines Flight
A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims' families sought to hold the carrier, its insurer Allianz SE and Boeing Co ...