Litigation/Liability Trends
Uber Drivers’ Lawsuit Got Significantly More Costly
Uber Technologies Inc. drivers seeking to be treated as employees won a ruling that adds tens of thousands of them to the case and may put hundreds of millions of dollars more at stake. A judge's ...
British Insurers Revamp Models After Repeat 100-Year Floods Defy Expectations
British insurers could have to pay out up to 250 million pounds ($375 million) in claims to owners of homes and businesses, industry specialists said on Monday, after the northwest of England ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
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 ...