Liability News
21st Century Fox Reaches $90M Settlement in Sexual Harassment Shareholder Claims
Twenty-First Century Fox Inc has reached a $90 million settlement of shareholder claims arising from the sexual harassment scandal at its Fox News Channel, which cost the jobs of longtime news chief ...
Takata Corp. Slow to Repair Defective Air Bags in U.S. Vehicles
Nearly two-thirds of the U.S. vehicles containing defective air bag inflators made by Takata Corp. remain unrepaired as automakers have made varying degrees of progress addressing the largest auto ...
FAA Approves AT&T Drone for Puerto Rico Cellular Service
The U.S. Federal Aviation Administration on Friday said it had approved a request by AT&T Inc to use a new drone known as the Flying Cow or Cell on Wings to help restore cellular service in ...
J&J Came Out on Top in Calif. Lawsuit Claiming Asbestos in Talc Caused Cancer
A California jury on Thursday ruled in favor of Johnson & Johnson in a lawsuit by a woman who said she developed the cancer mesothelioma after being exposed to asbestos in the company's ...
Insurers Late to the Game With a 3-D Printing Coverage Strategy
Insurers are woefully behind in developing a coverage strategy for 3-D printing and stand to face liability problems if they don't do so, an expert appearing at the PLUS 2017 conference in Atlanta ...
Insurers Could Pay Up $1B-Plus for Las Vegas Massacre Costs
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and ...
Britain’s Legal & General Is Expanding Into Japan
British's third-largest insurer, Legal & General, is launching an operation in Japan to offer company pension scheme insurance and investment management, Chief Executive Nigel Wilson said on ...
Fracking Poised to Resume in UK, 6 Years After Tremors Halted the Practice
Six years after Britain's first fracking operation was stymied by earth tremors, its shale gas industry is poised to try again with a technology that could transform the UK gas market and drastically ...