Archive for June 2016

By Andrew G. Simpson Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen AG related to the company’s diesel emissions scandal, law firm Labaton Sucharow LLP said. The lawsuit, which also names as … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson After climbing in each of the past two years, customer satisfaction is falling among the nation’s largest auto insurers, while satisfaction is actually up a tad for small insurers. This rising dissatisfaction with large carriers is in turn driving overall … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A Vermont family who said their home was made unlivable by an exterminator who used a banned pesticide has filed a civil suit against a New York pest control business. The Rutland Herald reports that Neil and Patricia Whitney filed … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson The father of a young woman killed in the Paris massacre last November is suing Google, Facebook and Twitter, claiming that the companies provided “material support” to extremists in violation of the law. Reynaldo Gonzalez, whose daughter Nohemi was among … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson The U.S. Supreme Court on Monday ruled against Cuozzo Speed Technologies Corp. in its challenge to a federal agency’s procedures for canceling patents in a case involving a vehicle speedometer that tells drivers when they are speeding. The justices’ 8-0 … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Catastrophe risk modeling firm AIR Worldwide (AIR) said it has “significantly expanded” its earthquake and typhoon models for Southeast Asia. The new earthquake model features the ability to account for the tsunami and liquefaction subperils for Indonesia, the Philippines, and … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson With non-military actors like coast guards increasingly active in the disputed South China Sea, former U.S. Coast Guard Commandant Thad Allen said international law was becoming even more important to keeping a lid on tensions. Describing the region, including the Strait … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A case in Connecticut state court could help victims from mass shootings — including the recent massacre in Orlando — sue manufacturers of military style assault rifles used in the attacks, despite state and federal laws granting them immunity. On … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson General Motors Co. is rolling out a sedan laden with gadgets that track other cars on the road and can automatically brake to avoid collisions, fulfilling a safety vision decades in the making. Yet the 2017 Cadillac CTS arrives to … Read More Read more here:: Insurance Journal