Liabilty News

Product Recalls: How to Enhance Brand Loyalty During a Recall

Product recalls are at the top of consumers’ minds ahead of a busy retail season and following a series of high-profile food industry recalls. Brands often fear the risks and setbacks that come with managing a recall. But recalls don’t …

Allianz Offers 5 Loss Trends to Watch on the Liability Front

As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases. Areas critical to watch include pharma class actions, the …

Jury Awards $116M to Family of Passenger Killed in New York No-Door Helicopter Crash

A jury has awarded $116 million to the family of one of five people killed in a no-door helicopter that crashed and sank in a New York City river, leaving passengers trapped in their safety harnesses. The verdict came last …

Payment Gateway Slim CD Notifies 1.7M Cardholders of Hack

Electronic-payment gateway Slim CD has notified customers that its systems were hacked starting more than a year ago, potentially exposing the names, addresses, and credit card information of nearly 1.7 million individuals. The Coral Springs, Florida-based company that handles credit …

Buffett’s PacifiCorp Suspected of Collusion by Wildfire Victims’ Law Firms

The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine whether the utility owned by Warren Buffett’s Berkshire Hathaway is colluding with other law firms to reach lowball settlements with …

Judge Denies Request to Discard $38M Verdict in New Hampshire Youth Center Abuse Case

The judge who oversaw a landmark trial about New Hampshire’s youth detention center has refused to discard the $38 million verdict, saying the facility’s leadership “either knew and didn’t care or didn’t care to learn the truth” about endemic physical …