Litigation/Liability Trends
Uber Fails to Freeze Drivers Group Lawsuit
Uber Technologies Inc. lost its bid to freeze a lawsuit bound for trial over California drivers' demands to be treated as employees while the company appeals rulings that dramatically increased the ...
Ukraine Grid Attack Sparks Worry Among U.S. Utilities About Getting Cyber Cover
U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than ...
JPMorgan Will Pay Ambac $995M to Settle Mortgage-Backed Securities Claims
Bond insurer Ambac Financial Group Inc said JPMorgan Chase & Co will pay $995 million to settle disputes related to residential mortgage-backed securities. The settlement will have a positive ...
Insurers in California Face Mandate to Disclose Coal Company Holdings
California's insurance commissioner on Monday asked all insurance companies doing business in the state to voluntarily divest from coal companies and said he will also require insurance companies to ...
VW Probe Reportedly Finds Emissions-Cheating Software Was Open Secret
Volkswagen's development of software to cheat diesel-emissions tests was an open secret in its engine development department, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results ...
Pentagon Postpones Cyber Security Requirement for 10,000 Contractors
The Pentagon has delayed for almost two years a requirement that as many as 10,000 companies show that they have systems to protect sensitive but unclassified information from cyber-attacks before ...
Liar, Liar: GM Switch Plaintiff Accused of Fibbing Drops Case
The Oklahoma mail carrier at the center of the first trial over General Motors Co.'s deadly ignition-switch defect is dropping his claims after being accused of lying to the court. Robert Scheuer, ...
VW Pressured to Compensate Europe Customers in Emissions Scandal
Germany's justice minister and Europe's industry boss raised the pressure on Volkswagen to compensate European consumers as well as U.S. drivers for its diesel emissions scandal, potentially adding ...