Litigation/Liability Trends
Former AIG Chairman Greenberg Admits to Wrongdoing in Longstanding New York Fraud Lawsuit
Former American International Group Inc. Chairman Maurice "Hank" Greenberg admitted to participating and approving two fraudulent reinsurance deals as part of a settlement over a decade-old fraud ...
BMW Will Resolve Vehicle Water Damage Lawsuit for up to $478M
German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Lady Gaga Super Bowl Drone Extravaganza Underscores Wide Embrace of Unmanned Aircraft
The synchronized swarm of 300 drones lit up the night sky behind Lady Gaga, morphing into an American flag as she recited the Pledge of Allegiance. Sunday's Super Bowl halftime light show -- ...
Supreme Court Nominee Gorsuch Has Business-Friendly Track Record
In a decade as a federal appeals court judge, Supreme Court nominee Neil Gorsuch has criticized courts for giving too much power to government agencies that enforce the nation's labor and employment ...
A Large Swath of Businesses Remain Ill-Prepared for Cyber Attacks: Hiscox
A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber attacks. Fewer than one-third ...
17 Months Later, VW Emissions Scandal Legal Trouble Keeps Coming
Luxembourg has launched criminal proceedings over Volkswagen's diesel emissions scandal, showing the German carmaker is still struggling to draw a line under the crisis some 17 months after it broke. ...
VW Slapped With Yet Another Emissions Suit, This Time From a Fish Distributor
Fish distributor Deutsche See is suing Volkswagen for misrepresenting a fleet of vehicles it leased as environmentally friendly, becoming the first major German customer to sue Europe's biggest ...
Farmers Sue Top U.S. Chicken Processors Over Their Pay
A group of U.S. chicken farmers sued the country's biggest poultry processors, including Tyson Foods Inc, for allegedly conspiring to depress their pay, the latest accusation of improper collusion in ...