Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict August 2, 2022 By Robert F. Tyson and Shari E. Belitz Plaintiffs’ California dreamin’ became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after...
Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins August 2, 2022 Boston-based Sayata said it has added CFC to the Sayata platform, offering brokers full access to CFC’s award-winning cyber insurance...
Sandy Hook Families Cast Wary Eye on New Infowars Bankruptcy August 2, 2022 By Jeremy Hill Families of Sandy Hook school shooting victims have quickly raised the alarm over the latest legal maneuver from far-right radio...
Hartford, CNA Post Drops in Q2 Net Income August 2, 2022 Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year...
Congress Wants Answers on a ‘Significant’ Cyberattack on Courts August 1, 2022 By Katrina Manson Three hostile foreign actors breached the federal courts document management system via “an incredibly significant and sophisticated” cyberattack more than...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Boy Scouts Must Change $2.7 Billion Sex Abuse Fund, Judge Rules August 1, 2022 By Steven Church The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S....
FDIC Urges Banks to Police Misleading Crypto Claims on Deposit Insurance August 1, 2022 By Pete Schroeder A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which...
Elon Musk Files Countersuit Under Seal Versus Twitter Over $44 Billion Deal August 1, 2022 By Tom Hals Elon Musk countersued Twitter Inc. on Friday, escalating his legal fight against the social media company over his bid to...
Lemonade Lays Off Some Metromile Employees Immediately August 1, 2022 By Chad Hemenway Immediately after Lemonade closed its deal of Metromile July 28, job boards lit up with news of layoffs at the...