Litigation/Liability Trends
Chicken Producer, London Insurers Beak-to-Beak in Product Recall Battle
Foster Farms and its London insurers are facing off over the definition of "product recall" as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated ...
NFL Wins Preliminary Approval of Settlement for Concussion Suit
A federal judge on Monday granted preliminary approval to a landmark deal that would compensate thousands of former NFL players for concussion-related claims. The ruling by U.S. District Judge Anita ...
FAA Drafting Rules to Open Skies to Small Drones
The U.S. air safety regulator is drafting rules to permit small drones to be used for commercial purposes, a step toward allowing remote-control planes and helicopters to be deployed for everything ...
PwC Must Face $1B Lawsuit Related for Role in MF Global Collapse: Judge
A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 ...
Miami Mortgage Discrimination Suit vs BofA Dismissed
A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp., handing the city its first defeat in four suits that accuse major banks of U.S. Fair ...
$10M Sleeper Lawsuit: Yankee Fan Taking ESPN Announcers to Court
A Yankees fan has filed a $10 million lawsuit against two ESPN announcers contending they mocked him when he was caught on national television sleeping in his seat during a game at Yankee Stadium. ...
Swiss Re Sees Emerging Risks in Smart Cities and Rubber Tree Plants
Property/casualty and other insurers face a number of new emerging risks, and they're not necessarily what, or where, you'd think. Technological issues relating to smart cities, plant pathogens that ...
EC Wants Online Gambling ‘Health Warnings’
The European Commission will urge countries to demand that online gambling advertisements display warning messages like cigarette packets, according to a draft document seen by Reuters. The EU ...