Litigation/Liability Trends
Australia Commits $1.2B to Private Sector Cybersecurity After Attacks Spike
Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison ...
1,000 Talc Lawsuits Against J&J Could Be Revived
A New Jersey appeals court's decision to revive two lawsuits accusing Johnson & Johnson's iconic Baby Powder of causing cancer may lead to the reinstatement of about 1,000 suits targeting the ...
U.S. Reportedly Pursuing Nearly $13B of Claims in Purdue Pharma Opioid Probes
U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming ...
Aviation Sector Appears to Have Biggest Pandemic Default Risk
The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a survey of insurers published by broker Gallagher on Tuesday. Only 29% of ...
Facing Billions in Damages, VW Asks Court to Reconsider Ruling
Volkswagen AG's wholly owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling that said two counties could seek financial penalties over excess diesel ...
COVIDigation Nation: Why So Many Cases? Are More Coming?
Let's get a few things out of the way. First, I am not a data scientist or an actuary. I am an attorney interested in data. More specifically, I am interested in using data from disparate sources to ...
COVID BI Coverage Suits Top 700; Yep, That’s A Lot
When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last week, the natural question to ask was: Is that a lot? That's ...
Cyber Attacks and Identity Fraud Continue to Rise: Munich Re’s HSB
Consumer-focused identity theft, cyber attacks and online fraud are continuing to rise or remain at robust levels, a new national survey by Munich Re's HSB has found. Nearly 16 percent of individuals ...