Litigation/Liability Trends
Property Events Create Emerging Risks for Casualty Insurers
When we think of large insured losses arising from natural or manmade disasters, we see images from hurricane or earthquake devastation. First-party property damage and business interruption losses ...
Google Getting Takedown Requests After ‘Right-to-be-Forgotten’ Ruling
Google Inc. is already getting requests to remove objectionable personal information from its search engine after Europe's top court ruled that subjects have the "right to be forgotten," a source ...
Madoff Victims Seek $40B from Compensation Fund
The overseer of a U.S. fund to compensate victims of Bernard Madoff's Ponzi scheme on Tuesday said he has received roughly 51,700 claims seeking to recoup more than $40 billion, both totals far ...
EU Court Backs ‘Right to Be Forgotten’ in Google Ruling
Google Inc. may be ordered to remove personal information from its search engine after the European Union's top court paved the way for citizens to have a "right to be forgotten." "Links and ...
Warning: Fuel Production Process Heightens Okla. Earthquake Risks
Central Oklahoma is at serious risk of a damaging earthquake, the U.S. Geological Survey and the Oklahoma Geological Survey said, pointing to the injection of wastewater into deep geologic formations ...
FAA Reports Recent Near-Collision of Jet With Drone
Federal officials say a U.S. jet airliner nearly collided in March with an airborne drone in the sky over Tallahassee, Florida. Jim Williams of the Federal Aviation Administration's unmanned aircraft ...
Class Action Threat: Corp. Bylaws Can Make Suing and Losing Investors Pay Legal Costs, Says Delaware Supreme Ct.
Delaware's Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company's legal costs, potentially upending the economics of a booming type ...Cyber-Security Software Boom Boosts Symantec’s Prospects
Symantec Corp. is benefiting as hacking attacks fuel higher demand for cyber-security software, while cost cuts are bolstering profits. The biggest maker of antivirus tools issued a revenue forecast ...