Industry News
The 2018 collapse of a pedestrian bridge in Miami, Florida, served as a headgear wake-up call for Scott Greenhaus. A 40-plus-year veteran of the construction industry, Greenhaus was working with his team to install a post-tensioning system when the bridge …
Via: Claims Journal
Five former Deutsche Bank employees are suing their ex-employer, according to court filings published in London on Wednesday. The five were among a group of bankers at Deutsche who were convicted in 2019, and then acquitted in 2022, over derivative …
Via: Claims Journal
A federal judge said Coinbase shareholders may pursue a narrowed lawsuit accusing the largest U.S. cryptocurrency exchange operator of concealing business risks, including whether it would be sued by the Securities and Exchange Commission. In a Tuesday night decision, U.S. …
Via: Claims Journal
Moët Hennessy and its ousted finance chief are embroiled in a legal spat after the drinks giant accused him of violating a non-disclosure agreement by leaking secrets for an article about his partner’s sexual-harassment claim. Mark Stead signed the NDA …
Via: Claims Journal
September turned out to be a slumber for hurricane watchers. For the first time in a decade, the month of September produced no hurricane landfalls in the United States. Seven of the previous eight years this occurred, no hurricane made …
Via: Claims Journal
Carmakers including Ford and Hyundai saw a surge in new electric vehicle sales this past quarter, giving the industry a boost despite ongoing uncertainty from President Trump’s shifting trade policies.
Via: Claims Journal
Uber is not liable for the sexual assault of a woman who said she was attacked by her driver on a ride she ordered from the ridesharing app, a California jury said on Tuesday, according to an attorney for the …
Via: Claims Journal
Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estate platforms. The agency said the alleged deal reduces …
Via: Claims Journal
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United …
Via: Claims Journal
Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manhattan said …
Via: Claims Journal