Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage May 10, 2021 By Karin Matussek Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year,...
Insurer Sues West Virginia Gov.’s Company for Failure to Pay Deductibles May 10, 2021 An insurance company alleges in a federal lawsuit that a company run by West Virginia Gov. Jim Justice and his...
Medical Marijuana Approved by Alabama Legislature After Years of Resistance May 10, 2021 By Kim Chandler Alabama lawmakers overcame years of resistance and gave final passage to medical marijuana legislation on Thursday, capping a long and...
Texas Judge Refuses to Dismiss Theater Chain’s COVID Lawsuit May 10, 2021 By Jim Sams A federal judge in Sherman, Texas on May 5 ruled against an insurer that sought to dismiss a $500 million...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion May 9, 2021 By Aaron Kirchfeld, Aoife White and Jan-Henrik Förster Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and...
U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack May 9, 2021 By Laura Sanicola, Doina Chiacu and Laila Kearney The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover...
Texas Fetal “Heartbeat” Bill Expands Lawsuit Liabilities Well Beyond Patient, Provider May 7, 2021 By Shannon Najmabadi, The Texas Tribune Texas lawmakers are poised to enact sweeping restrictions on access to abortions, prohibiting the procedure before many women know they...
People Moves: Hippo in California Adds Numerous Technology Leaders May 7, 2021 Hippo in Palo Alto, Calif. has added new leadership to its technology team led by Chief Technology Officer Ran Harpaz....
50-Plus Insurers Met Deadline to Comply With Washington’s Credit Rule May 7, 2021 Washington Insurance Commissioner Mike Kreidler announced today that more than 50 insurance companies met the May 6 deadline to file...