Litigation/Liability Trends
1000-Plus Twitter Employees Reportedly Had Access to Hack-Worthy Tools
More than a thousand Twitter employees and contractors as of earlier this year had access to internal tools that could change user account settings and hand control to others, two former employees ...
H1 Global Natural Catastrophe Losses Reach Stinging Levels: Munich Re and Aon
Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re ...
Court Rejects Liberty Mutual Bid to Charge Employer for Claims Paid from Exempt Workers
A workers compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees who were exempt from coverage under Iowa's workers' compensation law, a ...
Swiss Re’s First Half Loss Soars to $1.1B, Driven by COVID-19 Costs
Reinsurance company Swiss Re said on Wednesday that claims and reserves of $2.5 billion related to COVID-19 will lead to a net first half loss of about $1.1 billion. The company, which reported the ...
Bayer Roundup Damages Reduced, but Verdict Appeal Fails
Bayer AG failed to persuade a California appeals court to overturn a verdict favoring a school groundskeeper who claimed its Roundup weed killer caused his cancer but reduced the amount of damages by ...
U.S. Companies Struggle to Address Airborne Coronavirus Risk in Reopening Efforts
U.S. companies are raising new questions about how they can make workplaces safe after the world's top public health agency acknowledged the risk that tiny airborne droplets of the novel coronavirus ...
On the Docket: Who Will Pay UK Coronavirus Business Interruption Claims?
A trial to decide who should pay for the rising costs associated with the coronavirus pandemic is about to start in London. The UK financial regulator took Europe's largest insurers to court in a ...
Twitter Discloses Hackers Downloaded Data From Several Non-Verified Accounts
Twitter Inc said on Saturday that hackers were able to download account information for up to eight accounts involved in the hack of its systems this week, but said none of them were verified ...