Litigation/Liability Trends
Hackers Seek Increasingly Pricy Ransoms to Free up Tainted Computers
Hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses, as cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to ...
Jury Urged to Hold J&J, Bayer Accountable for Allegedly Hiding Drug’s Flaws
Joseph Boudreaux says taking Johnson & Johnson's blood-thinning drug Xarelto was one of the biggest mistakes of his life. While Xarelto was supposed to help cut his stroke risk, Boudreaux says it ...
SCOTUS Might Limit Where Corporations Can be Sued
The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they ...
New York’s New Cyber Regulation Could Impact D&O Liability Coverage
While the full implications of the New York State Department of Financial Services' (DFS) cybersecurity regulation, which went into effect March 1, are still being realized by the insurance industry, ...
Liability Claims Topping $1 Billion Now More Common: Allianz
Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & ...
Lawsuit Alleges Tesla Peddled Vehicles With ‘Dangerously Defective’ Autopilot Software
Tesla Inc. is facing its first U.S. legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that's "dangerously defective" ...
UK Investigates Aon, JLT, Marsh and Willis Towers Watson Over Aviation Business
Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. ...
Three-Month Cyber Attack Targets 1,200 InterContinental Hotels in U.S.
Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month cyber attack that ...