Litigation/Liability Trends
Cyber Insurance Underwriting Advances to its ‘Teen’ Years in Terms of Experience
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from ...
U.S., Cuba Begin Hashing Out Billions in Claims Against Each Other
Cuban and U.S. officials on Tuesday will begin to untangle one of the most complex obstacles to normalization of relations between the two countries: the claims of Americans whose property was ...
Samsung Relents: Firm Will Pay Apple $548M in Smartphone Patent Dispute
Samsung fought until the bitter end to avoid paying Apple, but the company now says it will finally hand over the more than $548 million it owes for infringing the patents and designs of its biggest ...
The U.S. and China Will Expand a Planned Cybercrime Crackdown
U.S. and Chinese officials have agreed to expand cooperation to crack down on cybercrime as China's state- run news agency said a hacking attack on the U.S. Office of Personnel Management was carried ...
German Auto Supplier Sued Over Alleged Role in VW Diesel Emissions Scandal
German auto supplier Robert Bosch GmbH has been accused of conspiring with Volkswagen AG to evade diesel emissions standards in at least 11 million vehicles worldwide in a class action lawsuit filed ...
Widows Claim Railroad Knew of Track Tech Defect Before Texas Parade Crash
Intensive care nurse Angie Boivin had just tended to a woman whose leg was severed near the hip when she saw her husband Larry lying nearby under an American flag blanket. She says that she was with ...
Anadarko Petroleum Must Pay Nearly $160M for 2010 Gulf Spill, Below U.S. Wishes
Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history. The ...
Rudder System Failure Behind AirAsia 8501 Crash
AirAsia Flight 8501's pilots effectively wrestled each other at the controls as they sought to fight off an electronics-system failure, dooming the plane and the lives of all 162 people on board last ...