Litigation/Liability Trends
California Utility Won’t Escape Wildfire Liabilities With Option It Seeks
PG&E Corp., suspected of starting California's deadliest wildfire, may soon get help from state lawmakers -- just not the help it most wants. As early as Dec. 3, a lawmaker plans to introduce a ...
Cloud Computing Is Becoming a Pricy Business Interruption Risk: Hartford Steam Boiler
Cloud computing is shaping up to be a pricy and challenging business interruption risk, according to a new survey from Munich Re/Hartford Steam Boiler. According to the 2018 HSB survey, 34 percent of ...
J&J Talc Cancer Retrial in South Carolina Fails to Reach Verdict
A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson's baby powder led to her death from ...
J&J Cleared of Talc Cancer Liability in California Jury Trial
A California jury on Wednesday cleared Johnson & Johnson of liability in a case involving a woman who alleged that the company's talc-based products, including its baby powder, contain asbestos ...
WebMD, CVS, Trump Donors Among Those at Risk From Lax Web Security
Six months ago, the European Union's General Data Protection Regulation, or GDPR, took effect, threatening companies worldwide with massive fines if they didn't look after customer data properly. ...
Home Insurance Blues: Tens of Thousands of Pricy Homes Threatened by California Wildfires
Malibu resident Lance Schultz was jolted awake at 2 a.m. Friday with word that he needed to evacuate. With a roaring fire approaching the coastal community, he gathered his girlfriend, dog and ...
California’s Wildfires Worsen as Investors Flee State’s Largest Utility
A wildfire in Northern California's Sierra Nevada foothills continued to rage Friday as dry, gusty winds have left much of the state at risk. California's largest utility, PG&E Corp., fell the ...
Allianz’s PIMCO, Others, Sue 16 Big Banks In U.S., Alleging Currency Market Rigging
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 ...