Litigation/Liability Trends
Doubts Remain Whether Postponed Olympics Will Be Held Even in 2021
As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday [April 10] he can't guarantee the postponed Olympics will be staged next year – even with the long delay. ...
Privacy Lawsuit Revived Against Facebook Over User Tracking
A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even after they logged out of the social ...
Trump Jumps Into Business Interruption Coronavirus Claims Fight, Urging Carriers to Pay Up
President Donald Trump on Friday staked out his position in a legal battle over business-interruption claims: Unless the policy excludes pandemics, insurers should pay. Trump spoke about the issue ...
Zoom Class Action Suit Alleges Overstatement of Privacy Standards, Nondisclosure of Security Flaws
Zoom Video Communications Inc was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing to ...
Cryptocurrency Issuers, Exchanges Slammed With U.S. Class Action Lawsuits
Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of ...
Lawsuit Seeks COVID-19 Business Interruption Claims Payments From Canadian Insurers
A class action lawsuit has been filed against Canada's top indemnity insurers for breach of contract in their refusal to pay business interruption claims from the COVID-19 crisis. "Indemnity insurers ...
Nuclear Verdicts: What P/C Carriers Need to Know
To mitigate the explosion of nuclear jury verdicts—which topped billions of dollars last year—insurance companies need to take a stand to meaningfully impact the U.S. tort system. The most ...
Liability Worries May Leave Many U.S. Banks Sitting Out of Small-Biz Pandemic Rescue Plan
Thousands of U.S. banks, including some of the country's largest lenders, have said they may not participate in the federal government's small-business rescue program due to concerns about taking on ...