Litigation/Liability Trends
Enstar Eyes Asbestos Liability Insurance Rights With $91.5M Dana Companies Acquisition
Enstar is beginning 2017 with news it is acquiring a non-insurance entity. The Bermuda-based insurance group disclosed that its Enstar Holdings arm is snatching up Dana Companies for $91.5 million. ...
Tesla Owner Sues Carmaker, Alleging Sudden Acceleration Caused Home Damage and Injury
Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring ...
Wells Fargo Settles Racial Bias Broker Lawsuit
Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues. The bank will pay $35 million to ...
St. Louis Tops Judicial Hellholes: ATRA Report
St. Louis, Mo. edged out California and New York for top spots in the nation for unfair handling of civil litigation, according to the with The American Tort Reform Foundation 2016-2017 Judicial ...
U.S. Issues Rules to Address Medical Device Cyber Vulnerabilities
The U.S. government on Tuesday issued rules for addressing cyber vulnerabilities in medical devices, providing manufacturers with guidelines for fixing security bugs in equipment, including ...
Takata Shares Soar After Reports of Near-Complete U.S. Settlement Over Faulty Air Bags
Takata Corp. shares rose by the daily limit after the Wall Street Journal reported the company is nearing a settlement with the U.S. Department of Justice to resolve allegations of criminal ...
Proposed Cyber Security Regs Eased in New York After Industry Complaints
New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying ...
Climate Change Likely to Drive Stronger, Smaller U.S. Storms
The effects of climate change will likely cause smaller but stronger storms in the United States, according to a new framework for modeling storm behavior developed at the University of Chicago and ...