Litigation/Liability Trends
Investigators Probe Germanwings Jetliner Crash Mystery
Investigators probing the crash of a Germanwings jetliner in the foothills of the French Alps will seek to determine why the aircraft made a rapid descent spanning eight minutes without a single ...
First Federal Fracking Rules Face Challenge From Oil Industry
U.S. drillers already reeling from a six-month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit. After three years of debate, ...
Fireman’s Fund Settles Crop Insurance Fraud Charges for $44M
Fireman's Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department ...
AIG Investors’ $970.5M Settlement Approved
American International Group Inc. shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity ...
Zurich Exec to Senate Subcommittee: Industry Needs National Cyber Threat Database
Cyber insurance is one of the fastest growing property/casualty insurance markets. But the sector remains the Wild West of risk prevention, a fast moving target with rapidly-evolving risk portfolios, ...
Target Will Fork Over $10M To Settle 2013 Data Breach Class-Action Lawsuit
Target Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, ...
Uber Hit With German Court Ban Preventing Use of Unlicensed Cab Drivers
A German court on Wednesday banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws by the pioneering online taxi firm. Uber, ...
Target Creates $10M Fund to Settle Claims in Data Breach
Target Corp. agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in ...