damages News

Texas Court Erases $13M From Jury Award for Offshore Oil Well Claim

A Texas appellate court shaved $13.6 million off of a jury’s award against Lloyds’ of London syndicates to the owner of a Gulf of Mexico oil well and platform that was destroyed by Hurricane Rita in 2005. The 1st District …

Boy Scouts Mortgage Vast New Mexico Ranch Amid Sex-Abuse Litigation

The Boy Scouts of America has mortgaged one of the most spectacular properties it owns, the vast Philmont Scout Ranch in New Mexico, to help secure a line of credit as the financially strapped organization faces a growing wave of …

Report: Hurricane Dorian Inflicted $3.4B Losses On Bahamas

Hurricane Dorian inflicted losses of about $3.4 billion on the Bahamas, an amount equal to one-quarter of the Caribbean archipelago’s GDP, according to a report released Friday. The report by the Inter-American Development Bank also said there were 67 confirmed …

UPS Found Liable For Shipping Contraband Cigarettes In New York, but Damages Reduced

A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of untaxed cigarettes, but reduced its payout for damages and unpaid taxes to about $97.6 …

Dispute Erupts Over Radios Utility Workers Use in California Wildfires

Radio technology that’s critical to helping utility workers deal with California wildfires is at the heart of a trial that pits an iconic American brand against a Chinese firm accused of corporate espionage. Motorola Solutions Inc. wants a federal jury …

Third Strong Quake This Month Kills 5 in Southern Philippines

KIDAPAWAN, Philippines — The third strong earthquake this month killed five people Thursday, injured several others and destroyed buildings that were already damaged by the earlier shaking in a devastated region in the southern Philippines, officials said. Several cities and …

Dallas County Tornadoes Caused $2 Billion in Damage, Insurance Council Says

DALLAS — An insurance industry group says the nine tornadoes that struck the Dallas area during a Sunday night outbreak caused an estimated $2 billion in insured losses. The Insurance Council of Texas said the estimate, which it called “pretty …

TV Reporter Climbs on Classic Cars, is Handed Walking Papers

SACRAMENTO, Calif. — Maybe the “Good Day Sacramento” reporter just thought he’d drive a little more traffic to his television station’s website when he climbed on top of a classic 1950s Thunderbird convertible and struck a silly pose, putting his …

Radio Group Sued for Playing Songs Thousands of Times Without Paying

Global Music Rights, a group that represents artists such as Drake and Bruce Springsteen, is suing radio-station owner Entravision Communications Corp. for allegedly playing its songs without paying songwriters. Entravision has played more than 130 of Global Music Rights’ songs …

VW Drivers May Struggle to Win Damages as Court Queries Losses

The 470,000 diesel-car owners who signed up for a case against Volkswagen AG may face an uphill struggle after a German court questioned whether they really lost anything because of the emission-cheating software in their automobiles. Drivers have been able …