Litigation/Liability Trends
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 ...
Sunken South Korean Ferry Owner Blamed for 5 Prior Crashes
In the same narrow waterways where more than 300 people died this spring aboard the ferry Sewol, another ship owned by the same company crashed into an oil tanker 11 years earlier. The ferry's ...
Google vs. the Media: Backlash Comes As Search Links Disappear
Google's removal of search results in Europe is drawing accusations of press censorship, as stories from some of the continent's most prominent news outlets begin vanishing. The U.S. internet giant ...
AIG Units Suing to See Asbestos Trust Records; Millions in Fraudulent Payments Suspected
Six insurance companies are suing an asbestos personal injury trust set up by a U.S. unit of Philips that the insurers suspect has been making millions of dollars in fraudulent payments to parties ...
Supreme Court Deals Blow to Madoff Victims
Victims of the Ponzi schemes of Bernard Madoff and Allen Stanford, two of the largest in U.S. history, suffered setbacks on Monday as the U.S. Supreme Court refused to hear appeals in two cases ...
Regulators Shining Spotlight on ‘Dark Pools’
Regulators are moving to shine a light on "dark pools", opaque and quasi-anonymous trading venues. New York's attorney general has filed a lawsuit against British bank Barclays relating to its dark ...
Federal Appeals Court Blocks Darvon, Darvocet Painkiller Lawsuits
A federal appeals court on Friday upheld the dismissal of nearly all claims in 68 cases seeking to hold drug makers liable for injuries from the use of the prescription painkillers Darvon and ...