Cyber Attacks on Financial Firms Up; Ransomware Attacks Way Up: Beazley July 22, 2016 Financial institutions including small banks and credit unions faced a huge spike in the number of hacking and malware attacks...
Ex-NFL Player Nakamura Sues Lloyd’s for Denying Concussion Claim July 22, 2016 By Maryclaire Dale A former NFL player who suffered what the league deemed a career-ending concussion has sued Lloyd’s of London for denying...
Wal-Mart Says Move to Label, Reduce Unhealthy Chemicals Affects 700 Manufacturers July 22, 2016 By Lauren Coleman-Lochner and Andrew Martin Wal-Mart Stores Inc. is asking suppliers to remove formaldehyde, triclosan and six other substances from their products, part of an...
JPMorgan Must Face Discrimination Claim by Arab-American Family Business July 22, 2016 By Dena Aubin An Arab-American family whose business and personal bank accounts were closed in 2014 without explanation can sue JPMorgan Chase for...
Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study July 22, 2016 Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and...
Why Republicans’ Plan to Rebuild a Glass-Steagall Wall Is Bad Idea July 21, 2016 By Paula Dwyer, Bloomberg View One of the biggest surprises from the Republican convention so far has not taken place on its center stage. Yes,...
Court Battles Begin as U.S., States Sue to Halt Anthem, Aetna Mergers July 21, 2016 By Andrew Harris, Bloomberg and Zachary Tracer U.S. antitrust enforcers roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into...
MetLife to Change Brand Name of Spinoff Retail Brand to Brighthouse July 21, 2016 By Katherine Chiglinsky MetLife Inc., the New York-based insurer that traces its roots to the 1860s, said it’s come up with a new...
CNA Appoints Childs as VP of Underwriting for Construction July 21, 2016 CNA has appointed Rick Childs to the post of vice president of underwriting for the company’s construction segment. In this...
Travelers Hit Hard with Catastrophe Losses in Q2 July 21, 2016 The Travelers Companies reported an 18 percent drop in net profit for the second quarter largely due to a 50...