Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule May 17, 2021 By Andrew G. Simpson The U.S. Supreme Court has allowed a challenge to an Internal Revenue Services (IRS) requirement for firms to report micro-captive...
Law Firms and Their Insurers Feel the Pain of Bigger Malpractice Claims May 17, 2021 Even as law firms made adjustments to sustain their operations through the COVID-19 pandemic, they were unable to avoid the...
Setting the Stage for Thousands of Opioid Lawuits, Potentially Years of Litigation May 17, 2021 By Geoff Mulvihill A corner of West Virginia wrenched by opioid addiction is getting the chance to argue in a courtroom that some...
Appeals Court Rejects Bayer Appeal of $25M Roundup Cancer Verdict May 17, 2021 By Tom Hals A federal appeals court on Friday upheld a $25 million judgment and trial verdict finding Bayer’s Roundup caused a California...
Pipeline Ransomware Attack Stirs Debate on Whether Insurance Attracts Hackers May 17, 2021 By Katherine Chiglinsky and Jamie Tarabay The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate...
Under Pressure, Ransomware Gangs Claim They’re Shutting Down May 17, 2021 By Joseph Menn Multiple ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up...
BriteCo Launches Online Jewelry Insurance Program May 17, 2021 BriteCo jewelry insurance has launched a program to insure fine jewelry and watches that can be quoted and bound online...
People Moves: National Flood Names Erickson CEO; Aon Adds 3 in Healthcare; State Auto CFO to Retire; Barg Joins Ascot Claims May 14, 2021 National Flood Services announced the appointment of Lindsey Erickson as its chief executive officer. Erickson replaces interim CEO George Ruhana,...
Cyber Ransom Payments Set a Bad Precedent But Happen Often May 14, 2021 By Kartikay Mehrotra and Michael Riley The U.S. government’s fight to choke off ransom payments collected by hackers hit a major snag Thursday, following news that...
Zywave Buys Workers’ Comp Software Firm Modgic May 14, 2021 Insurance technology provider Zywave has acquired Modgic, an Oregon-based provider of workers’ compensation and experience modification analysis software for the...