Peloton, Lululemon Settle Lawsuit Over Women’s Apparel Line October 3, 2022 By Jonathan Stempel Peloton Interactive Inc. has reached a settlement of a lawsuit in which Lululemon Athletica Inc. accused the exercise bike maker...
Judge Dismisses Mexico Lawsuit Against Gun Manufacturers October 3, 2022 A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their...
KCC Estimates Near $63B in Hurricane Ian Insured Losses October 2, 2022 By Chad Hemenway Catastrophe modeler Karen Clark & Company (KCC) late Friday said the firm estimates insured losses from Hurricane Ian will near...
Insurer Off the Hook in Defending Western Union Against Terrorist Financing Suit September 30, 2022 By Andrew G. Simpson An insurer’s war and financial services exclusions relieve it of having to provide coverage for an insured being sued for...
Ian Aftermath Even Harder to Fix With Supply Chain Tattered September 30, 2022 By Jen Skerritt and Olivia Rockeman The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem...
Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates September 30, 2022 Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by...
Hurricane Ian Threatens Heavy Losses for Catastrophe Bond Holders September 30, 2022 By Max Reyes Investors who backstop Florida’s insurance industry by buying catastrophe bonds are girding for substantial losses from Hurricane Ian, threatening to...
Sex Abuse Allegations Spread Against Cheerleading Industry September 30, 2022 Sprawling allegations of abuse against cheerleaders reached Tennessee on Monday in a case that escalates the accusations facing some of...
Industry Experts Talk Future of Insurance at 2022 ITC Conference September 29, 2022 Our editorial team caught up with attendees at the 2022 InsureTech Connect conference in Las Vegas. Industry experts took the...
Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year September 29, 2022 Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of...