Articles by Jim Abrams

Federal Law Puts Brakes on Vicarious Liability for Auto Rental Firms

Recent N.Y. $21 Million Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be …

Federal Law Drives Away Vicarious Liability for Auto Rental Firms

Recent N.Y. $21 Million Jury Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may …

Congress Raises Flood Insurance Program Borrowing to $18.5 Billion to Cover Claims

The federal flood insurance agency, currently broke because of hurricane-related claims, will be able to resume payments to flood victims following a vote by Congress to increase its borrowing powers. The Senate and the House on Friday both approved by …