Archive for March 2015

For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering encourages wasteful courtroom warfare, but investor demand for … Source: Claims Journal

Wisconsin drivers will be able to go faster in their cars, and snag free samples of hard liquor on their way home, under a pair of bills passed with bipartisan support in the Legislature on Tuesday. Both measures are limited … Source: Claims Journal

Two Broward County traffic court judges dismissed some 24,000 pending red-light camera ticket cases totaling more than $6.3 million. The judges ruled Monday that the program violates Florida law. Attorney Ted Hollander of Ticket Clinic told the South Florida Sun … Source: Claims Journal

A Senate committee has passed a bill that would allow a higher maximum speed on some Nevada highways. The Senate Transportation Committee unanimously passed SB2 on Tuesday. It now heads to the Senate floor. The bill originally called for a … Source: Claims Journal

Canadian researchers are developing less expensive ways to embed glass fibers in a stretchy elastomer that could one day be used in slip-resistant winter footwear. Winter storms dumped records amounts of snow on the East Coast and other regions of … Source: Claims Journal

New Jersey drivers who lie about where they garage and drive their vehicles to illicitly lower their auto premiums are a big step closer to facing stiff new penalties for being caught, according to the Coalition Against Insurance Fraud. A … Source: Claims Journal

Four plaintiffs’ lawyers, including high-profile attorney David Boies, were appointed by a federal judge on Tuesday to lead civil litigation against Takata Corp and several car manufacturers for injuries caused by allegedly faulty airbags. U.S. District Judge Federico Moreno, who … Source: Claims Journal

The cheapest 2015 models to insure include two minivans, seven sport-utilities and the tiny Smart ForTwo, according to an Insure.com ranking of the most and least expensive vehicles to insure. The Jeep Wrangler Sport 4WD repeated its cheapest-to-insure title, with … Source: Claims Journal

Chris Borland is the most recent player to walk away from the National Football League while still in his 20s, and his decision – based on concern about long-term brain trauma – was applauded by many of his peers. Borland, … Source: Claims Journal

Four years after a deadly earthquake and tsunami struck Japan, debris is still washing ashore in the Northeastern U.S. states of Oregon and Washington. Scientists predict it will continue to arrive for at least the next three years. An estimated … Source: Claims Journal