Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
How Autonomous Vehicles Will Grow Auto Insurance Before Shrinking It May 19, 2017 Insurance coverage for autonomous vehicles will bring $81 billion in new premiums to the insurance industry over the next eight...
Democratic Attorneys General Move to Defend Obamacare Insurer Subsidies May 19, 2017 By Yasmeen Abutaleb, Lawrence Hurley and Dan Levine More than a dozen Democratic attorneys general on Thursday sought to intervene to defend a key part of the Obamacare...
Toyota, BMW, Mazda, Subaru Settle Takata Airbag Economic Loss Claims May 19, 2017 By David Shepardson and Naomi Tajitsu Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million...
Judge Dismisses Lawsuits Claiming Facebook Liable for Supporting Terrorists May 18, 2017 A federal judge on Thursday dismissed two lawsuits seeking to hold Facebook Inc. liable for supporting terrorist groups by letting...
Messenger Moving to JLT Re as Executive Vice President May 18, 2017 JLT Re (North America) Inc. has appointed Greg Messenger as executive vice president in Chicago where he will focus on...
Bipartisan Senators Look to Address Banking Risk for Marijuana Industry May 18, 2017 By Lisa Lambert Republican and Democratic senators on Wednesday renewed their drive to make banking easier for marijuana-based businesses in those U.S. states...
Injured Worker Attorney Involvement Varies Widely by State May 18, 2017 There is a wide variation in the percentage of claims with worker attorneys involvement across state workers’ compensation systems, according...
Indy 500 Drivers Race Past Talk of Their Insurance, Says Agent May 18, 2017 By Mark Alesia At least half of the Indianapolis 500 field will share more than steely nerves and a love of speed. They...
Eastern Pacific Hurricane Season Starts Off Slowly May 18, 2017 By Brian K. Sullivan The eastern Pacific hurricane season is starting off with a whimper. While one short-lived tropical storm developed off Mexico’s Pacific...