There were 359 supply chain theft and fraud incidents across the United States and Canada in the third quarter of 2021, according to CargoNet. They included 294 total theft incidents that involved theft of a trucking vehicle like a semi-truck …
Former Las Vegas Raiders coach Jon Gruden has sued Commissioner Roger Goodell and the National Football League, alleging that a “malicious and orchestrated campaign” was used to destroy Gruden’s career by leaking old emails he had sent that included racist, …
New York-based safety technology firm Kinetic has formed an underwriting partnership with Nationwide’s E&S/Specialty division. Acting as program manager, Kinetic Insurance is offering workers’ compensation coverage combined with workplace safety technology. The Kinetic workers’ compensation offering equips policyholders with wearable …
Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at a faster rate than ever before. Litigation finance — the practice of paying legal fees up front with a promise …
Claims and regulatory actions involving per- and poly- fluoroalkyl substances (PFAS) are continuing to evolve at a rapid pace across the country. From the ongoing multi-district litigation in District Court of South Carolina, involving hundreds of claims, to the U.S. …
The lawyer who oversaw payments to victims of the Sept. 11 terrorist attacks has agreed to mediate part of the fight between Johnson & Johnson’s former talc supplier and thousands of women who claim the company’s baby powder causes ovarian …
Canopius Group, a global specialty (re)insurer, announced an agreement with Samsung Fire and Marine Insurance (SFMI), its substantial minority shareholder and business partner, to underwrite U.S. admitted business on its A++ rated paper. This agreement marks the most significant business …
ID Federation Offers Multi-Factor Authentication Resource for Agencies Insurance carriers and their agency partners face a “gathering storm” of confusing requirements and changes in the area of multi-factor authentication (MFA) to improve secure logons, according to ID Federation, the nonprofit …
Annual U.S. severe weather insured losses for 2021 have surpassed $20 billion after a rough October, even before the year is complete, according to a new Aon report. Multi-billion-dollar natural catastrophe-related insurance losses in the U.S. were caused in part …
The U.S. commercial auto insurance market turned in results for 2020 that were the best it has seen in several years, although it still did not achieve an underwriting profit. Despite several years of price increases and corrective underwriting actions, …
