Litigation/Liability Trends
Amtrak Scores Partial Victory in Effort to Recoup Superstorm Sandy Insurance
Amtrak secured a partial U.S. appellate court win on Wednesday in its efforts to recoup insurance coverage after the railroad service sustained more than $1 billion in losses during Superstorm Sandy ...
Takata in Hot Seat Again After Air Bag Materials Explode in Texas
A truck transporting Takata Corp air bag propellant material at the center of a global recall crashed and exploded in Texas last week, killing one woman and injuring four other people, the auto parts ...
New Drone Regs Leads to Pilot-Licensing Stampede
Thousands of would-be drone pilots are racing to get licensed under new U.S. regulations that have opened an aerial stampede. More than 3,300 have signed up to take the test on Monday, the first day ...
Bitcoin Exchanges Face Growing Cyber Hacking Risks
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft -- the ...
A Booming Economy Means Higher U.S. Auto Accident Fatalities
Who says recessions are all bad? About 5,000 fewer people die every year in auto accidents for each 1 percentage point increase in U.S. unemployment because downturns keep dangerous drivers off the ...
GM Wins Third Ignition-Switch Trial, Though Many Lawsuits Remain
General Motors Co.'s victory in a Houston courtroom Thursday makes the carmaker three for three in trials related to an ignition-switch defect, but its legal entanglements may stretch on for years. ...
VW Agrees to Cover Dealers’ Diesel-Cheating Losses
Volkswagen AG agreed to pay 652 auto dealerships for their losses from the diesel-cheating scheme that's affected more than a half million cars in the U.S. The carmaker will buy back unfixable used ...
BlackBerry Lawsuit Gets Second Chance in Lower Court
A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit accusing BlackBerry Ltd of fraudulently inflating its stock price by painting an upbeat picture of the prospects for its BlackBerry ...