Hacking Risk Shadows U.S. Business as Russia Threatens Critics February 25, 2022 By Jack Gillum A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against...
Drug Distributors, J&J Agree to Finalize $26 Billion Opioid Settlement February 25, 2022 By Nate Raymond The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement...
Palin Wants New Trial With Different Judge in New York Times Defamation Lawsuit February 25, 2022 A Manhattan judge said Wednesday that lawyers for Former Alaska Gov. Sarah Palin are seeking a new trial on her...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021 February 24, 2022 By Chad Hemenway Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in...
Tesla’s Many Dockets of Litigation Keep Lawyers and Judges Busy February 24, 2022 By Dana Hull Elon Musk generates a near-constant barrage of news headlines because of his tweets. It’s a lot to keep up with....
People Moves: Beazley Cyber Adds Chubb’s Cohen, Promotes Larson; Scheurle Leads Burns & Wilcox’s Cannabis; Parametrix Hires Hiscox’s Wong February 24, 2022 Beazley Hires Two for Cyber Services Insurer Beazley announced two senior leadership hires to its global Cyber Services team. Russ...
Applied Underwriters to Buy Catlin Specialty From AXA XL February 24, 2022 Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it...
Pandemic Brought Surge in Illegal Street Racing Across U.S. February 24, 2022 By Andrew Selsky Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in...
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 24, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Dakota Access Pipeline Loses Supreme Court Appeal, Leaving Its Future Unclear February 23, 2022 By Greg Stohr The U.S. Supreme Court rejected an appeal by Energy Transfer LP’s Dakota Access Pipeline, letting stand a ruling that required...