London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims September 15, 2020 By Carolyn Cohn and Kirstin Ridley London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims...
Coronavirus Pandemic Will Have Severe Impact on Social Inflation: Fitch’s Mazzuoli September 15, 2020 By Robert Mazzuoli Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro September 15, 2020 By L.S. Howard In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which...
Charleston, South Carolina Sues Big Oil Companies Over Climate Change Costs September 15, 2020 By MICHELLE LIU Charleston is now the first city in the American South to sue major oil companies in an attempt to hold...
Neptune Flood Expands Coverage to Include All NFIP Classes September 15, 2020 Neptune Flood, an AI-driven flood insurance company, has expanded its flood insurance products to now include all NFIP product types....
Florida Couple Accused of Hurricane Irma Disaster Assistance Fraud September 15, 2020 A Florida husband and wife have been charged with lying about damage caused by Hurricane Irma. Christina Catalano, 38, and...
World Leaders Failed to Heed Warnings and Prepare for Pandemic, Says Global Report September 15, 2020 By Kate Kelland A collective failure by political leaders to heed warnings and prepare for an infectious disease pandemic has transformed “a world...
Google’s YouTube Sued for $3 Billion in UK over Use of Children’s Data September 15, 2020 By Ellen Milligan and Stephanie Bodoni Alphabet Inc.’s Google faces a multibillion-dollar lawsuit in the UK over claims that YouTube routinely breaks privacy laws by tracking...
Daimler to Pay $2.2 Billion for Clean Air Violations Over Diesel Emissions September 15, 2020 By David Shepardson Daimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S....
Update: Hurricane Sally Threatens U.S. Gulf Coast as ‘Rainmaker’ September 14, 2020 By Jennifer Hiller and Jonathan Bachman Louisiana and Mississippi residents were under evacuation orders on Monday as Hurricane Sally churned across the Gulf of Mexico, strengthening...