Litigation/Liability Trends
Executives On The Move at Aon and W.R. Berkley
Aon named a chief innovation officer who will, in part, be charged with organizing the company's New Ventures Group, a division focused on developing new technologies and services for clients. W.R. ...
Once Again, the U.S. Asks SCOTUS to Stop Teens’ Climate-Change Lawsuit
President Donald Trump's administration asked the U.S. Supreme Court stop a novel and sweeping lawsuit pressed by children and teenagers seeking to force the federal government to take steps against ...
Most Cyber Attacks on UK Come From Hostile States: Security Officials
The U.K.'s National Cyber Security Centre blamed hostile foreign states for the majority of the 1,167 attacks it has handled in the two years it's been running, equivalent to 10 assaults a week. In ...
Public Companies Lacking Strengthened Cybersecurity Might Be Violating Federal Law
Public companies that fail to tighten their cyber security controls could be violating federal law, the U.S. Securities and Exchange Commission (SEC) said on Tuesday. The regulator's warning came in ...
Nomura Will Pay $480M to Resolve Claims Over Mortgage-Backed Securities
Nomura Holdings Inc has agreed to pay $480 million to resolve civil claims by the U.S. government that it misled investors in marketing residential mortgage-backed securities, U.S. authorities said ...
SCOTUS Rejects Appeal From Lead-Paint Makers in $400M Case
The U.S. Supreme Court rejected appeals from Sherwin-Williams Co. and Conagra Brands Inc., leaving intact a ruling that requires them to pay more than $400 million for lead-paint remediation in ...
New U.S. Law Places Greater Focus on Disaster Resilience, Though Shortfalls Remain
The U.S. government is starting to focus more on disaster resilience, rather than just responding to natural catastrophes when they occur – something long called for by the property/casualty ...
California Utility Shuts Power for 60,000 People to Prevent Wildfires
PG&E Corp. has deliberately left customers in the dark for the first time as a precaution to prevent wildfires from breaking out. Almost 60,000 customers in six counties across the Sierra Nevada ...