19th Person Indicted in Scheme Using Stolen IDs to Defraud Rideshare Companies November 1, 2022 A nineteenth co-conspirator was indicted by a federal grand jury in Boston this week in connection with a nationwide conspiracy...
New York High Court: Insured’s ‘Mutual Mistake’ Argument Came Too Late November 1, 2022 By Jim Sams New York’s highest court reversed a $4.5 million judgment against an insurer that denied a fire damage claim by the...
Aon: Business Leaders Say Recession Looms; What Sets Prepared Companies Apart? November 1, 2022 Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook...
Tesla Manslaughter Trial Hinges on Question of ‘Man vs Machine’ November 1, 2022 By Hyunjoo Jin A manslaughter trial set to begin in Los Angeles for a fatal crash caused by a Tesla operating on Autopilot...
Geico Faces California Class Action Claiming it Overcharged for Car Insurance November 1, 2022 By Jonathan Stempel A federal judge on Monday said a lawsuit accusing Geico Corp. of overcharging more than 2 million California policyholders on...
Where Do Climate Pledges Stand a Year After COP26? November 1, 2022 A year ago at the U.N. climate talks in Glasgow, Scotland, countries, banks and business leaders announced a slew of...
People Moves: AXA XL Appoints Owen for Bermuda Professional Lines Team; Miller Names Beazley’s O’Connor as Chief Information Officer November 1, 2022 This edition of International People Moves details appointments at AXA XL in Bermuda and the London-based insurance broker, Miller. A...
South Korea Blames Lack of Crowd Control as Factor in Fatal Crush November 1, 2022 By Shinhye Kang and Sohee Kim Top South Korean officials said a lack of proper crowd management was likely a factor behind a deadly surge of...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Initial Insured Loss for Typhoon Nanmadol Estimated ¥114B (US$768M) November 1, 2022 Initial insurance industry losses from Typhoon No. 14, aka Nanmadol, which hit Japan in September 2022, are an estimated 114...