Litigation/Liability Trends
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 ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
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 ...
Ex-Players Abandon Case to Force NFL to Pay Workers Comp. for Concussions
The federal court case brought by 38 former National Football League players seeking to force the NFL to recognize chronic traumatic encephalopathy (CTE) as a covered disease under workers' ...
Halliburton Will Pay $100M to Settle Shareholder Class Action Lawsuit
Halliburton Co on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the ...
Dupont Loses Third Case Over Teflon-Making Chemical and Cancer Risk
A U.S. jury in Ohio on Wednesday ordered DuPont to pay $2 million to a man who said he developed testicular cancer from exposure to a toxic chemical leaked from one of the company's plants, according ...
Reuters Special Report: ‘Superbug’ Outbreaks Kept Secret at Hospitals, Nursing Homes
The outbreak started in January 2014. That's when a resident of the Casa Maria nursing home here was diagnosed with Clostridium difficile, a highly contagious and potentially deadly "superbug" that ...
Uber Halts Autonomous Car Program in Calif. After Vehicle Registrations Revoked
Uber Technologies Inc. pulled its self-driving cars from San Francisco's streets after the state of California revoked registrations for the vehicles. The move impacted 16 Uber automobiles, the ...