Boy Scout Abuse Claims Fund Shouldn’t Pay $21M in Lawyers’ Fees, Judge Says December 8, 2023 By Randall Chase The judge presiding over the Boys Scouts of America’s bankruptcy has rejected a $21 million fee request from attorneys hired...
US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months December 8, 2023 U.S. property/casualty underwriting results deteriorated during the first nine months of 2023 to a loss of $32.2 billion. The result,...
People Moves: Newbold Named President of Verisk Extreme Event Solutions; Rudnick Division Manager of FM Global’s AFM December 8, 2023 Verisk, headquartered in Jersey City, N.J., named Rob Newbold president of Extreme Event Solutions. Current President Bill Churney will retire...
US, UK Say Russia Targeted Officials in Political Cyber Campaign December 8, 2023 By Ellen Milligan, Ryan Gallagher and Katrina Manson The US and UK have launched a coordinated effort to disrupt a longtime alleged Russian government hacking campaign aimed at...
Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers December 8, 2023 Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push...
Costs of Small Business Cyberattacks Are Down But Frequency Is Up, Says Hiscox December 7, 2023 The less-than-encouraging news: Only a third (33%) of US small businesses consider cyber risk high or very high. The somewhat...
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re December 7, 2023 Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural...
Markets/Coverages: Driver Technologies Launches Video Telematics-Based Driver Score December 7, 2023 Driver Technologies, Inc., an AI-based mobility tech company, has announced its Driver Technologies Rating Service Inc. (DTRS) is rolling out...
Airline Industry to Meet to Discuss Safety Concerns Around Spike in GPS Spoofing December 7, 2023 By Joanna Plucinska Global aviation industry leaders will meet in January to discuss safety concerns around increased GPS interference by cyberattackers steering planes...
J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases December 7, 2023 By Jef Feeley Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer to avoid...