Litigation/Liability Trends
U.S. P/C Insurance Industry Net Asbestos Losses Reach $100B Mark and Rising
Net ultimate asbestos losses for the U.S. property/casualty industry have risen once again. They're now at $100 billion, and that's $15 billion higher than the previous estimate. according to a new ...
Oklahoma Quakes Spark Lawsuits Against Energy Cos., U.S. Govt. Over Fracking
Residents of a town hit by Oklahoma's strongest earthquake have filed a class-action lawsuit against dozens of energy companies, accusing them of triggering destructive temblors by injecting ...
ATM Fees Class Action Lawsuits Allowed by SCOTUS to Proceed
The U.S. Supreme Court on Thursday gave the green light to class action lawsuits by consumers accusing Visa Inc, Mastercard Inc and several U.S. banks of conspiring to inflate the prices of ATM ...
What’s Out Under Trump? Federal Fracking Rules, Probably; FSOC, Possibly
Three days before Donald Trump's inauguration as the 45th U.S. president, attorneys for Barack Obama's outgoing administration will ask an appeals court to revive rules governing oil-and-gas fracking ...
Chrysler Sued by Consumers Alleging Diesel Pollution Cheating
Diesel pollution cheating allegations hit a U.S. carmaker as Dodge truck owners sued Chrysler Monday, claiming some engines were rigged to hide emissions as much as 14 times higher than the law ...
SCOTUS May Allow Miami to Sue Banks Over Lending Bias
The U.S. Supreme Court on Tuesday indicated it could allow Miami to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...