Litigation/Liability Trends
VW U.S. Emissions Scandal Deal to Cost at Least $10B
Volkswagen AG agreed to fix or buy back about 500,000 tainted cars in the U.S., taking a significant step forward in its effort to emerge from the emissions-cheating scandal. After months of ...
Houston Floods Kill at Least 8 and Destroys Hundreds of Homes; More Rain Likely
At least eight people have died and some 1,150 homes have been damaged in flooding triggered by torrential downpours in the Houston area this week, officials said on Wednesday, as forecasts called ...
VW Stock Surges as Investors Expect U.S. Emissions Settlement
Volkswagen AG rose to a six-week high after the manufacturer said it expects no need for a U.S. trial in mid-2016 over damages related to rigging diesel-engine control software to dupe emission ...
Chubb CEO Evan Greenberg Joins Chorus Opposing NC Bathroom Law
https://www.youtube.com/watch?v=lTZPClIFD14&feature=youtu.be Chubb Chairman and CEO Evan Greenberg has joined the growing chorus of business leaders, academic and public figures condemning North ...
Judge Clears PIMCO to Sue AIG Over Subprime Mortgage Losses
A federal judge on Monday cleared the way for Pacific Investment Management Co to pursue a California lawsuit accusing American International Group Inc of causing big losses by lying about its ...
Federal Appeals Court Upholds NFL’s $765M Concussion Settlement
The National Football League's $765 million concussion settlement may not be perfect, but it's fair, a federal appeals court said. The decision sets in motion the resolution of thousands of lawsuits ...
XL Catlin Exec Joins UN Effort to Bring Insurance Concepts Into Global Disaster Planning
XL Catlin Executive Deputy Chairman Stephen Catlin is among the business and political leaders spearheading a global effort to make insurance more sustainable in the face of growing climate risks and ...
Obama Administration Unveils New Offshore Oil Well Safety Rules
The Obama administration last Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's ...