lawsuits

Legislative and Legal Changes Lead to Rising Insurance Rates in the USA

3 months ago

Insurance rates for Americans are skyrocketing, and one of the main reasons for this is the increasing number of lawsuits, particularly in the fields of auto and medical insurance. New data reveals that insurance companies are grappling with a constant rise in claims and subsequent legal battles that burden their financial resources.

Transnet's Losses Widen Due to Lawsuits and Cable Thefts

8 months ago

Transnet, the South African transportation company, has reported significant losses attributed to a range of factors, including lawsuits and cable thefts. The company recorded a net loss of 1.3 billion rand (approximately $70 million) for the last financial year, reflecting a more than 50% increase compared to the previous year's losses of around 800 million rand.