Insurers Say Cyber Insurance Underwriting Is Profitable for Now: PwC April 26, 2018 Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance...
Liberty Mutual Launches New Umbrella, Contractor’s Equipment Policies April 26, 2018 Liberty Mutual has introduced two new policy forms – umbrella and contractor’s equipment – designed to make it easier for...
Court Nixes $151 Million Hip Implant Verdict Against J&J April 26, 2018 By Jef Feeley Johnson & Johnson persuaded an appeals court to throw out a $151 million award over its Pinnacle artificial hips in...
Merck Loses Bid to Collect Patent Infringement Damages from Gilead April 26, 2018 By Jan Wolfe A U.S. appeals court on Wednesday affirmed a ruling that pharmaceutical company Merck & Co. dishonestly obtained patent rights and...
IRS Asked to Clarify Trump Tax Deduction for Pass-Through Businesses April 26, 2018 By Amanda Becker The Republican tax law’s new deduction for pass-through businesses, intended to help small businesses, was “ill thought through” and will...
‘Best Pricing in Quite Some Time’ Helped Chubb Weather Catastrophes for Solid Q1 April 25, 2018 Despite higher catastrophe losses, Chubb Limited reported a solid first quarter with net income of $1,082 million, about the same...
Willis Towers Watson Names 3 to Senior Posts in Corporate Broking April 25, 2018 By Andrew G. Simpson Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking...
NAS Expands Cyber Liability Policy to Include Breach Prevention Services April 25, 2018 NAS Insurance Services, LLC has updated its commercial cyber liability insurance policy NetGuard Plus to now include support services designed...
Supreme Court Denies Human Rights Claims Against Foreign Bank April 25, 2018 By Lawrence Hurley The U.S. Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses...
Supreme Court Upholds Patent Review Process Favored by High-Tech April 25, 2018 By Andrew Chung The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology...