Litigation/Liability Trends
FEMA Seeks to Resolve Sandy Flood Insurance Claim Lawsuits
The Federal Emergency Management Agency is working on settling litigation with hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims. Brad ...
GM Customers Struggle to Propel $10B Suit Over Falling Car Values
Drivers of Chevy Cobalts and Saturn Ions met with skepticism when they tried to restart a $10 billion lawsuit accusing General Motors Co. of exposing them to falling car prices. U.S. Bankruptcy Judge ...
West Virginia Oil Train Derailment Threatens Drinking Water
U.S. regulators joined the investigation into a fiery CSX Corp. oil-train derailment in West Virginia that forced residents to flee their homes in frigid weather and threatened drinking water. The ...
BP Can’t Access $750M Transocean Cover For 2010 BP Spill
BP Plc isn't covered under Transocean Ltd.'s insurance policies for the doomed Macondo well project, the Texas Supreme Court said, blocking the oil company's access to $750 million to pay costs from ...
New York Payout to Madoff Victims Will Surpass $7.2B
The trustee liquidating Bernard Madoff's firm on Monday said he is distributing another $355.8 million to the swindler's victims, bringing the total payout to more than $7.2 billion. Irving Picard, ...
Anthem, Reeling From a Data Breach, Warns U.S. Customers About an Email Scam
Health insurer Anthem Inc on Friday warned U.S. customers about an email scam targeting former and current members whose personal information was suspected to have been breached in a massive cyber ...
China-Backed Hackers Suspected in Anthem Cyber Attack
Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other ...
Anthem Will Take Up to Two Weeks to Identify Hacked Customers
Anthem Inc., the second-biggest U.S. health insurer, said it's going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people. The individuals will ...