The auto parts producer who supplied Uber’s self-driving vehicles with radars and cameras says the popular driving service company disabled safety features in their equipment that could have saved the life of a pedestrian struck by one of Uber’s self-driving Volvos. Aptiv, Plc.
After a 2-1 split decision determining the 2017 fiduciary rule was not consistent with the term’s historical meaning or with the legislative intent set by Congress when ERISA was enacted, the 5th Circuit Court of Appeals has vacated the “fiduciary advice rule” in its district. This decision is inconsistent with other related federal court cases, most of which upheld the fiduciary rule. Learn more. 
Gloria Armendariz sustained multiple injuries, including a fractured wrist and torn rotator cuff, after her foot became stuck in a pallet she says was misaligned at her local Walmart store. Armendariz claims the pallet was placed at an angle and made it nearly impossible to go through the aisle when the incident causing her injuries took place.
In September 2013, Melton Dean Wells passed away after being hospitalized for weeks due to West Nile encephalitis (WNE), a disease contracted from a bite by a mosquito carrying the West Nile virus. Though Wells suffered from other ailments before contracting WNE, including obesity and diabetes, his widow contended that his death was solely caused by the disease contracted from his mosquito bite, an accident which Mr.
A recent Supreme Court ruling requires that corporate whistleblowers report their allegations to the SEC in order to be covered under statutes meant to protect them. The Supreme Court’s unanimous decision in Digital Realty Trust, Inc. v.
Chuck Norris is suing CBS for breach of contract and unpaid profits from his immensely popular series, Walker, Texas Ranger. Norris’s contract entitled him to twenty-three-percent of profits earned from “any and all exploitations of Walker” but Norris says CBS has not held up their agreement.
The fiery former host of Hell’s Kitchen, Gordon Ramsay, found a clever way of avoiding speeding tickets in Los Angeles by covering his license plates with cling film to keep traffic cameras from capturing his tag number.
A former Mississippi insurance agent will spend the next ten years in prison after pleading guilty to one count of embezzlement from a former customer. The agent, from Terry, Mississippi, deposited more than $115,000 entrusted to him by a client for the purchase of a Nationwide Insurance policy into his personal bank account.
Hosts of a recent drone insurance webinar say drone space will be the center of the largest growth in aviation insurance in half of a century.
On March 21-22, 2018 Ole Miss Risk Management and Insurance (RMI) will host its annual Ole Miss Insurance Symposium.
Six of James Brown’s children are engulfed in a lawsuit against Brown’s allegedly bigamous spouse for devising schemes to strip them of their rightful interests in his music, including financial interests, in order to keep it all for herself.
Though the jury’s still out on whether the SEC and DOL will ever come to an agreement on a uniform standard of conduct for retirement advice givers, the Securities and Exchanges Commission appears to be inching toward the Department of Labor’s ERISA higher standards of care.
One of the largest US diversified insurance companies is getting out of the life insurance business. Liberty Mutual recently announced plans to sell its life insurance leg, Liberty Life Assurance Company of Boston, to Lincoln Financial Group.
A recent report by Lloyd’s of London and AIR Worldwide sets potential losses from cloud service failure at up to $19 billion.
Experts in the field of insuring aerospace projects say U.S. taxpayers will most likely pay the expenses for a lost mission satellite known as Zuma. The CEO for the aerospace team at insurance broker, Jardine Lloyd Thompson Group, Plc, says the U.S.
The Mississippi Court of Appeals was recently tasked with deciding if a check marked “final payment” allowed the project owner to be free and clear of further payments to a construction company though the amount of the check did not cover additional costs for the project.
ERISA class action settlements reached nearly $1 billion in 2017, a record year for class-action lawsuits with over $2 billion paid by employers for litigation involving employment discrimination. Seyfarth Shaw’s Workplace Action Litigation Report for 2018 reports a cool $2.72 billion as the actual total spent by employers in employment discrimination suits.
A federal judge in Washington, D.C. determined in late December 2017 the EEOC’s Workplace Wellness Program rules will be vacated effective January 1, 2019. The judge cited the EEOC’s failure to provide a reasonable explanation for the rules as a factor in his decision.
A ruling in a duty to defend case involving a construction company and their insurer is likely to have major impact in future similar cases. Altman Contractors, Inc. filed a summary judgment against their insurer, Crum and Forster Specialty Insurance, regarding the issue of Crum and Forster’s duty to defend and indemnity to Altman. Altman was involved in a suit for construction defects and property damage under Florida Statutes, Chapter 558. Crum and Forster claimed the suit brought against Altman was not covered their policy.
Durham School Services, the company that supplied bus services to a Chattanooga school district involved in a fatal bus crash in 2016, has agreed to pay $250,000 plus $73,000 in medical expenses to a nine-year-old survivor of the crash who suffered a concussion, cuts to his liver, and permanent scarring on his arm during the accident. Read more details here.