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Illinois Supreme Ct.: 5-Year Statute of Limitations Applies to Biometric Privacy Claims
Feb 3 2023 // Plaintiffs have five years to file claims to allege violations of the Illinois Biometric Privacy Act, the state Supreme Court ruled Thursday, rejecting arguments by business advocates that a one-year statute of limitations...
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
Feb 2 2023 // As it had warned last month, Allstate Corp. reported a fourth quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income of $790 million for Q4...
People Moves: Batt Is Trium Cyber Head of Product; Tyng New Lead of HDI U.S. Captive Solutions; SiriusPoint Names Sigle Head of Claims; HUB Hires Chief HRO
Feb 1 2023 // Lloyd’s Trium Cyber Appoints Batt as Head of Product Trium Cyber, the first entity approved by Lloyd’s to launch a monoline cyber syndicate, has appointed Jeffrey Batt as head of product. As head of product,...
Tennessee Department Obtains $11.5M for Policyholders in Insurance Claims Disputes
Feb 1 2023 // The Tenneesse Department of Commerce and Insurance secured a record $11.5 million for policyholders in 2022, after mediating complaints about insurers. The department’s insurance services team mediated 3,249...
Insurers Hit With Thousands of Claims Following Storms and Floods in New Zealand
Jan 30 2023 // Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so far following severe storms and flooding in and around the biggest city,...
Musk Faces SEC Probe for Role in Tesla Self-Driving Claims
Jan 30 2023 // US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review...
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