J&J’s $8.2 Billion Talc Settlement Faces January Court Test October 29, 2024 By Jef Feeley The fate of Johnson & Johnson’s latest push to use bankruptcy courts to end thousands of cancer lawsuits tied to...
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’ October 29, 2024 By Tony Buckle and John Carolin Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface...
People Moves: The Hartford Announces Leadership Appointments In Global Specialty October 29, 2024 The Hartford, headquartered in Hartford, Connecticut, has expanded Michael Garrison’s role to include the international division in addition to his...
Delta Sues CrowdStrike Over ‘Catastrophic’ Software Glitch October 29, 2024 By Robert Burnson Delta Air Lines Inc. sued cybersecurity firm CrowdStrike Holdings Inc. over the chaos caused this summer by a “catastrophic” software...
New Gallagher Re-Bitsight Report Identifies Cyber Footprint as Claims Driver October 29, 2024 A new report from Gallagher Re has found that cyber insurers could reduce loss ratios up to 16% by removing...
Lawsuit Alleges Child Sexual Abuse of WWE ‘Ring Boys’ in Maryland October 29, 2024 By Lea Skene A new lawsuit accuses the WWE and its founders of fostering a culture of sexual abuse within the organization and...
Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms October 29, 2024 By Andrew G. Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the...
Report: Climate Risks Increasing Insurance Rates and Hurting CRE Returns October 29, 2024 By Don Jergler Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting...
Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured October 29, 2024 An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that...
People Moves: Burns & Wilcox Names Carvalho to Lead San Francisco, Seattle and Portland October 29, 2024 Burns & Wilcox named Tom Carvalho as the new managing director of the company’s San Francisco, Seattle and Portland offices....