Litigation/Liability Trends
Uber, Lyft Fail in Bids to Deem Drivers Independent Contractors
Ride-hailing apps Uber and Lyft failed to persuade separate U.S. judges on Wednesday to rule that their drivers are independent contractors instead of employees, in cases that have wide implications ...
Insurers Face More FEMA Oversight After Sandy Claims Allegations
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid ...
Female Analyst Sues Goldman Sachs, Alleging Discrimination
Goldman Sachs Group Inc. was sued for sexual discrimination by a research analyst who said the bank and its managers deprived her of a promotion, pay and bonuses. Sonia Pereiro-Mendez, an executive ...
Having Multiple Jobs Increases Work-Related Safety Risks: Liberty Mutual
More than 14 million U.S. residents now have multiple jobs. They're also more likely to face work-related injury compared to individuals who only have one employer, a wide-ranging new study has ...
New York Hedge Fund Launches Bermuda Reinsurer
Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, started a Bermuda-based reinsurer to support its investing strategy. Sandell Re will rely on the hedge fund to oversee ...
Asiana Airlines, Dozens of Passengers, Reach San Francisco Crash Settlement
Asiana Airlines Inc settled with 72 passengers of its flight that crashed at the San Francisco airport in 2013, a spokesman of the South Korean carrier said on Wednesday. The spokesman declined to ...
Apple Exploring Resolution of Lawsuit From Electric Car Battery-Maker
Apple Inc is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division. ...
New Credit Card Tech Falls Short in Addressing Security Problems
New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price ...