Litigation/Liability Trends
The Spread of Autonomous Vehicles Will Transform Auto Insurance Liability: Fitch
Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, ...
Japan’s Government Ruled Liable for Fukushima Nuclear Disaster
A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the ...
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
VW Exec Ordered Held Until U.S. Emissions Trial Starts Next Year
A federal judge in Detroit on Thursday ordered that a Volkswagen AG executive charged in the automaker's diesel emissions scandal be detained until his trial set for next year, agreeing with ...
More Cyber Threats, Weakened Data Security Underscore Need to Better Understand Problem
An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses and insurers need to understand and protect against these ...
Uber Labor Settlement Paying Each Driver $1 Rejected by CA Judge
Uber Technologies Inc. failed to persuade a judge to approve a settlement offering 1.6 million California drivers an average of $1.08 each to dispense with alleged labor-code violations that their ...
Takata Sued by Nissan, Ford, BMW Over Faulty Airbag Losses
Nissan Motor Co., BMW of North America and Ford Motor Co. accused Takata Corp. of fraud in a lawsuit seeking to force the airbag manufacturer to cover losses they incur because of its faulty ...
Fiat Chrysler Pushes for Resolution of State/Federal Diesel Emissions Case
Fiat Chrysler Automobiles NV is still trying to win U.S. approval to sell 2017 diesel models as the U.S. government decides whether to take legal action, Chief Executive Sergio Marchionne said on ...