Litigation/Liability Trends
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 ...
Why Facebook, Data Brokers Are Medical Plaintiff Lawyers’ Best Friends
For ambulance chasers, persistence and a phone book just don't cut it anymore. Law firms, which once relied on television commercials, billboards, and cold calling numbers in the white pages to find ...
Alpha Natural Resources Seeking to Cover $400M in Mine Cleanup Liabilities
Alpha Natural Resources Inc no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 ...