Auto Safety Whistleblower Receives Maximum Award of $24 Million November 10, 2021 By Heekyong Yang and David Shepardson The U.S. auto safety regulator announced on Tuesday its first-ever reward to a whistleblower, handing out more than $24 million...
Ruling in Opioid Marketing Case a Setback for States Arguing Public Nuisance November 10, 2021 By Nate Raymond The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit by the...
Lemonade to Acquire Auto Insurer Metromile in Merger of Insurtechs November 9, 2021 By Mark Hollmer Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to...
How J&J Shaped Report on Talc’s Links to Cancer November 9, 2021 By Jef Feeley and Anna Edney Unsealed emails reveal the role baby-powder maker Johnson & Johnson played in a report that an industry group submitted to...
Robinhood Reports Data Breach and Extortion Payment Demand November 9, 2021 The stock trading platform Robinhood Markets reported that it experienced a data breach on Nov. 3 that could potentially affect...
US Court Rejects Israeli Firm’s Immunity From Facebook Suit Over Malware November 9, 2021 By Jonathan Stempel A U.S. appeals court said Facebook can pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in its...
Judge Upholds United Airlines’ COVID Vaccine Mandate for Employees November 9, 2021 By Tom Hals and Rajesh Kumar Singh A U.S. federal judge on Monday ruled United Airlines Holdings Inc. can impose a COVID-19 vaccine mandate on its employees...
Top 20 Cyber Insurers in U.S. Including Loss Ratios: NAIC November 9, 2021 The cyber insurance market in the U.S. grew to roughly $4.1 billion in direct written premiums in 2020, an increase...
EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed November 8, 2021 By Andrew G. Simpson Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.”...
People Moves: Pancoast Moves to Ironshore E&S; PwC’s Coggins Leads Actuaries; McLean Joins Lockton from Willis November 8, 2021 Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty...