Insurance Broker Gallagher Sued Over Ransomware Attack August 2, 2021 By Andrew G. Simpson Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack...
Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses August 2, 2021 By Gillian Tan DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation...
New Securities Class Actions Including M&As Down But SPAC-Related Suits Up August 2, 2021 Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down...
CNA Overcame Cyber Attack to Finish Strong in Q2 August 2, 2021 CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year...
Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B August 2, 2021 Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied...
Jury in Talcum Powder Trial Finds J&J Not to Blame for Woman’s Death August 2, 2021 By Tom Hals and Jonathan Stempel An Illinois jury on Friday refused to hold Johnson & Johnson liable for a woman’s death from ovarian cancer, which...
‘Zoombombing’ Costs Zoom $85 Million Privacy Settlement August 2, 2021 By Jonathan Stempel Zoom Video Communications Inc. agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it...
Bayer Books Additional $4.5 Billion for Roundup Litigation July 30, 2021 By Patricia Weiss Bayer said on Thursday it would book an additional provision of $4.5 billion related to litigation which alleges that its...
‘Real Time’ Cyber Risk Specialist At-Bay Pulls In $185M as Antidote to Insurance Spiral July 30, 2021 At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new...
Cyber Criminals Target Remote Workers and ‘Critical Infrastructure to Corner Stores’ July 30, 2021 The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to...