Litigation/Liability Trends
Judicial Ruling on 2008 AIG Bailout Triggers U.S. Government Appeal
The United States filed an appeal on Wednesday against a U.S. judge's ruling in June that sided with former American International Group chief executive Maurice "Hank" Greenberg on a legal claim over ...
EPA May be Liable for Losses After Toxic Mine Sludge Release Pollutes River
The Environmental Protection Agency and its contractors may have to pay millions of dollars in damages after mistakingly releasing toxic sludge that tainted a Colorado river, preventing its use by ...
Allianz, AIG, Others Shun Tax-Liability Coverage in India Cross-Border M&A
Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India's whimsical tax regime to help convince insurers. Companies from Allianz SE to American ...
Symantec’s Example Offers One Way Employers Can Address Transgender Issues
Meetings at Symantec's Springfield campus tend to revolve around technical issues, so when Cass Averill asked his boss for a sit down six years ago, the manager assumed they'd be talking about ...
Few U.S. Railroads Will Meet Dec. 31 Train Safety Tech Deadline
Only a small number of U.S. railroads will meet the Dec. 31 deadline for implementing new train safety technology that experts say would have prevented the deadly May 12 Amtrak derailment in ...
Navigators Settles U.S. Probe Over North Korea, Iran Marine Risk Deals
Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions through deals tied to banned nations. Navigators will pay about $272,000 to ...
Severe Floods Could Slam California Region With $24B in Damage: Lloyd’s of London
Severe flooding in an economically vital part of California's could cost more than $24 billion in damage, Lloyd's of London concludes in a new risk analysis of the state. What's more, climate change, ...
New EU Cyber Security Laws Affect Cisco, Google, Amazon and Others
Internet firms such as Cisco , Google and Amazon will be subject to a new EU cyber security law forcing them to adopt tough security measures and possibly report serious breaches to national ...