Litigation/Liability Trends
U.S. Safety Officials Call For Collision Prevention Systems in Cars and Trucks
U.S. safety officials on Monday called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and ...
Hewlett-Packard Using $100M in Insurance to Settle ‘Botched Takeover’ Lawsuit
Hewlett-Packard Co. agreed to pay $100 million out of insurance proceeds to settle a lawsuit filed by shareholders who claimed they lost money in the botched takeover of Autonomy Corp., according to ...
Lawmakers Urge U.S. Retaliation For Massive Hacking of Worker Data
The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday. "There ...
Iceland to Hedge Funds: Don’t Sue Over Planned Tax on Failed Bank Assets
The prime minister of Iceland said any hedge fund planning to challenge the legal basis of a planned tax on failed bank assets should think again. "If they wanted to make some kind of an example out ...
Navigators CEO Galanski on Innovation
This article is part of our insurance innovators interview series. Stanley A. Galanski Navigators Group Inc., President and Chief Executive Officer Q1: In your view, what has been the greatest ...
Emotional Amtrak CEO Pledges to Implement Track Safety Tech
An emotional Amtrak CEO pledged to lawmakers Tuesday that safety technology that could have prevented a deadly derailment last month in Philadelphia will be put into operation, while Democrats and ...
Three Tobacco Companies to Appeal $12.5B Canadian Court Ruling
Three tobacco companies plan to appeal a C$15.6 billion ($12.5 billion) decision by a Canadian court in favor of smokers in class-action lawsuits. The Quebec trial court ruled that British American ...
China Insurers Rush to Site of Capsized Ship on Yangtze River
PICC Property and Casualty Co Ltd, the insurer of a ship that capsized in China's Yangtze river on Monday, and other insurers have sent teams to the site to settle claims in connection with what ...