Litigation/Liability Trends
Boy Scouts To Seek Settlements With More Insurers As Claimants Weigh Reorg Plan
More than a year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, tens of thousands of men who say they were molested as ...
The Global Construction Industry’s Climate Change Responses Could Drive New Opportunities: Marsh
Climate change and the race to net zero greenhouse gas emissions are arguably the greatest challenges that face the construction industry — but they will drive new opportunities, according to a ...
Wells Fargo Loses Bid to Dismiss Shareholder Fraud Claims Over Its Recovery From Scandals
A federal judge on Thursday rejected Wells Fargo & Co's bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of ...
Amazon Reaches Settlement With Employees Allegedly Fired for Criticizing Work Conditions
Amazon.com Inc and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year for ...
Cyber Rates Could Double Within Two Years as Attacks Soar: S&P
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance, according to a report ...
Climate Change Returns as a Top Insurance Industry Concern
Climate change has returned to the top of the list of insurers' biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global ...
Three U.S. Drug Distributors Will Pay $75M to Resolve Opioid Claims With Native American Tribe
The three largest U.S. drug distributors will pay more than $75 million to resolve claims they fueled an opioid epidemic in the Cherokee Nation's territory in Oklahoma, marking the first settlement ...
Risk Alerts: Deepfake Satellite Imagery; Baby Cushion Dangers
Artificial intelligence can be used to falsify satellite imagery. Baby cushions from The Boppy Company have been recalled due to safety risks.***
Geographers from ...