Litigation/Liability Trends
Beleaguered Ex-S&P Exec Attempts to Block SEC Administrative Charges
A former executive of Standard & Poor's sued the U.S. Securities and Exchange Commission on Friday to block the regulator from bringing administrative charges against her over credit ratings for ...
Global Nuclear Accident Compensation Fund Launches With Japan Signing
Japan signed on to a global nuclear- compensation treaty in Vienna that will create a fund to help victims of accidents like the one that devastated Fukushima Dai- Ichi in 2011. The Convention on ...
J&J Claims Illegal Solicitation of Women to Join Transvaginal Mesh Lawsuits
Johnson & Johnson said in a court filing on Wednesday that women are being illegally solicited by unknown callers trying to persuade them to sue over transvaginal mesh devices, which are the ...
Pimco Shareholder Lawsuit Alleges Excessive Fees Boosted Exec Bonuses
Pacific Investment Management Co. will fight a lawsuit by a shareholder of its Pimco Total Return Fund alleging the company gouges investors with excessive advisory fees to support billion-dollar ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Flight Attendants Allege Security Concerns Prompted Firing
A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong-bound plane last July that had a "threatening" message scrawled under its tail ...
Asbestos Losses Poised to Rise as Litigation Strategy Evolves
U.S. property/casualty net asbestos losses are holding steady at $85 million. But that number could change in the future due to some big-time litigation variables, A.M. Best said in a new special ...
Environmental Groups Sue EPA for Fracking Data
A coalition of advocacy groups sued the U.S. Environmental Protection Agency seeking access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or ...