Litigation/Liability Trends
GM Directors Escape Investors’ Suit Over Faulty Ignitions
General Motors Co. directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. ...
Asiana Airlines Reportedly Faces New Class Action Suit Over 2013 Plane Crash
South Korea's Asiana Airlines Inc is facing a new class action suit from passengers on a plane that crashed in San Francisco in 2013 that seeks a combined $30 million in damages, a lawyer for the ...
Ex-AIG CEO Greenberg Sees Higher Purpose in Appeal of Federal Court Ruling
Maurice "Hank" Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.'s bailout isn't enough, and that he's seeking financial damages to hold the government ...
Insurers Irked With Supreme Court’s Decision to Back Disparate Impact Claims
The U.S. Supreme Court said people who file housing-discrimination suits don't have to show they were victims of intentional bias, in a blow to lenders and insurers and a surprise legal victory for ...
U.S. Vents in Meetings With China About Cyber Theft Concerns
The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held ...
Crop Insurance Payments For U.S. Plains Flooding Lower Than in Drought
Farmers are reaping higher yields and ranchers' feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to ...
Canada Hits Railway With New Charges in 2013 Derailment Disaster
The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its ...
World Cup Insurers Vulnerable to Claims Over Russia, Qatar Flap
World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar ...