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Las Vegas shooting victims outraged over MGM’s lawsuit against them

“Victims of a mass shooting at a Las Vegas country music festival said Monday they were outraged when they learned they were being sued by the company that owns the hotel where the gunman opened fire” writes Amy Taxin for sun-sentinel.com. MGM Resorts International sued victims in at least seven states last week in a bid to get federal courts to declare the company has no liability for the deadliest mass shooting in modern U.S. history. Source: sun-sentinel.com Share This:

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MGM sues victims from Vegas mass shooting, denying any liability…

“MGM Resorts International has filed federal lawsuits against more than 1,000 Las Vegas mass shooting victims in an effort to avoid liability” writes Vladimir Isachenkov The for reviewjournal.com. They do not seek money from the victims but do ask that a judge decide if the 2002 act is applicable, and if so, determine that future civil lawsuits against the company are not viable. Source: reviewjournal.com Share This:

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If Videogames and Apps Are Addictive, Should Designers Worry about Liability?

“Legislatures could also impose burdensome regulations requiring designers to warn consumers about the addictive properties of videogames and apps” reports socialgameslaw.com. From a legal liability perspective, the question becomes: if medical authorities accept that videogames or other technologies are addictive, will game and app designers be liable for harms suffered by addicted gamers or app users?. It’s possible that courts would be hesitant to extend liability to game and app designers for harms caused by a technology-related disorder. Source: socialgameslaw.com Share This:

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Amazon’s struggles with its Fresh grocery service show a huge liability for Prime

“Amazon’s struggles with its Fresh grocery service is having an impact on customers’ views of Amazon as whole” writes Dennis Green for businessinsider.com. Though the company is known for its stellar customer service and reliable shipping of online shopping orders, customers told Business Insider that its Fresh service could use some work. Source: businessinsider.com Share This:

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A brave new world: Can AI be sued?

“What to expect: The first big AI liability case will likely cause a temporary chill in AI development, says Kingston, as company lawyers scramble to protect their employers” reports axios.com. The degree of liability comes down to whether AI is treated as a product, service, or a human decision-maker.Even without such a pledge, it’s likely that manufacturers would end up paying if their autonomous car caused harm. But in the long term, he said, clearer guidelines would be beneficial for AI research and development.What’s needed: New laws may be in…

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Harvey Weinstein fights insurer Chubb for payment of legal defense

“Units of Chubb have together issued 80 policies to Weinstein and his family between 1994 and 2018, including coverage for personal liability, Chubb said in its February suit” writes Midwest Communications Inc for 95kqds.com. The policies include millions of dollars in “broad liability coverage,” $300,000 of “crisis assistance” coverage, and unlimited coverage for Weinstein’s legal defense, Weinstein’s lawyers said in the countersuit, filed late on Monday.(Reuters) – Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd, saying Chubb must pay for his legal defense against 11…

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If you work at home and don’t have this insurance, you could be at risk

“For situations like that, she knew she needed liability insurance, but she was not sure if she needed other kinds of insurance as well” writes Elisabeth Leamy for seattletimes.com. This is a minor policy extension that can be attached to your homeowner’s or renter’s insurance policy.So what type of insurance do you need if you work from home or have a home-based business?. If you have employees who work for your home-based business, whether they come to your home to do their jobs or work elsewhere, you need workers’ compensation…

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Buffett says US corporate tax reform is a “huge tailwind” for business

“The recent tax changes lowered the federal corporate tax rate from 35% to 21%” reports forexlive.com. When they’re sold you pay tax on that.And previously when the tax was 35 percent we would have had a $35 billion reserve for taxes against that as a liability.”So $14 billion, roughly, was a reduction in the amount of tax that when we sell those securities we will pay. Source: forexlive.com Share This:

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Berkshire boosts liability estimate on AIG reinsurance contract

“American International Group Inc. (AIG) headquarters seen in New York Thomson Reuters (Reuters) – Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday disclosed a $1.8 billion increase in estimated claim liabilities under a big reinsurance contract with American International Group Inc “ reports businessinsider.com. The contract reduced potential risks for New York-based AIG, and some analysts said soon after it was announced that the pricing terms appeared fair.National Indemnity agreed to take on 80 percent of net losses in excess of the first $25 billion,…

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Don’t extend the SAFETY Act to cyber incidents

“Expanding the SAFETY Act to cyber incidents would be an example of trying to force a square peg through a round hole” writes Lars Trautman for washingtonexaminer.com. Even a limited definition of qualifying cyber incident would expand the universe of SAFETY Act covered events by many orders of magnitude.If more run-of-the-mill events were sheltered from liability as qualifying cyber incidents, precedents would build and SAFETY Act certification would become the de facto standard for the industry.This is not to say that the SAFETY Act and cybersecurity products are entirely incompatible. Source:…

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