Litigation/Liability Trends
North Korea Hacking Group Tried to Steal $1.1B From Global Banks Over Four Years
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc. The hackers, which ...
AT&T, Lockton, CNA Link Up to Sell Cyber Policies to Business Customers
AT&T, Lockton and CNA are involved in a new strategic alliance designed to sell cyber insurance policies. The deal is between AT&T's new wholly owned subsidiary, AT&T Insurance Agency ...
‘Unprecedented’ Steps Needed to Avert the Worst Effects of Global Warming, U.N. Warns
Society would have to enact "unprecedented" changes to how it consumes energy, travels and builds to meet a lower global warming target or it risks increases in heat waves, flood-causing storms and ...
Calif. Wildfires Blackened an Area the Size of Delaware So Far This Year
California is poised to set an annual record it never wanted to break: the amount of earth scorched by wildfires. Blazes have already ripped through enough acres to blacken the entire state of ...
Calif. Mulls Counterproposal to Trump’s Proposed Rollback of Car Emissions Standards
California is considering a formal, public counter-proposal to President's Donald Trump's proposed rollback of fuel and pollution requirements for cars and trucks, a state official said Thursday. The ...
Morgan Stanley Race Bias Lawsuit Sent Instead to Private Arbitration
A black former Morgan Stanley broker who filed a lawsuit accusing the bank of racial bias must pursue his claims in private arbitration, a federal judge ruled on Wednesday. U.S. District Judge John ...
Opinion: Tesla’s Settlement With SEC Boosts Investor Class Actions Against Company
Tesla and its CEO Elon Musk did not admit liability in this weekend's $20 million settlement with the U.S. Securities and Exchange Commission. But lawyers for shareholders suing Tesla in for ...
Alliant, Everest Re Launch Bid to Help Protect Hedge Funds From Cyber Attack
Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point Capital-backed insurance broker is offering to help protect those trade secrets, and ...