New Jersey Appeals Court Affirms War Exclusion Does Not Apply to Cyber Attack May 2, 2023 By Andrew G. Simpson The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in...
Markets/Coverages: WTW Launches End-to-End Trading Platform to Connect Broker, Insurer Systems May 2, 2023 WTW, the global advisory, broking and solutions company, announced the global launch of Neuron, a sophisticated digital insurance platform. Neuron...
Methane-Tracking Satellites Catch Polluters May 2, 2023 By Aaron Clark Think of them as speed cameras, but for methane. Just like roadside instruments used to identify drivers breaking traffic rules,...
Coinbase Executives Sued for Dumping Stock, Saving $1 Billion May 2, 2023 By Robert Burnson Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1...
Wait ‘Til Next Year: Auto Profit Unlikely to Return in 2023: S&P May 2, 2023 In spite of continued actions to raise prices of coverage, auto loss cost continue to climb and profits will continue...
Environmental Groups Sue U.S. Over SpaceX Launch License May 2, 2023 By Steve Gorman Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk’s...
Economic and Cyber Risks Lead Global D&O Concerns: Survey May 2, 2023 By Denise Johnson At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according...
Frustration Grows Over Wait on OxyContin Maker’s Settlement May 1, 2023 By Geoff Mulvihill More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was...
Adidas Sued by Investors Over Broken Ye Partnership May 1, 2023 Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the...
Banking System ‘Remains Sound’ After First Republic Resolution: U.S. Treasury May 1, 2023 The U.S. Treasury Department is encouraged that First Republic Bank was resolved with the least cost to the Deposit Insurance...