Parties Differ on Data Privacy Legislation Over Liability, Duty of Care May 23, 2019 By Ben Brody and Daniel R. Stoller Three Democratic senators helping write a privacy bill are seeking to allow individuals to sue companies for mishandling their data,...
Bankruptcy Judge Approves PG&E $105 Million Assistance Fund for Wildfire Victims May 23, 2019 PG&E Corp. may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which...
EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard May 23, 2019 By Foo Yun Chee A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way...
Feinberg Named Mediator for Bayer Roundup Liability Settlement May 23, 2019 By Tina Bellon A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation...
Clyde & Co. Launches Connected Parametric Insurance Contract May 23, 2019 Global law firm Clyde & Co has launched an off-the-shelf connected parametric insurance contract for use by insurers through its...
Argo Shareholder Voce Ends Battle over Board Members, Alleges ‘Underhanded Tactics’ May 23, 2019 An activist Argo shareholder that had accused the insurer of extravagant spending and other corporate missteps has ended its battle...
Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions May 23, 2019 Verisk’s GeoInformation Group, a provider of geospatial products, has been folded into Verisk’s Geomni business and renamed Geomni UK. The...
Liberty Mutual Reinsurance Launches Operation Using Lloyd’s Mexico Platform May 23, 2019 Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced it has launched a reinsurance operation under Lloyd’s registration...
Reinsurer SCOR Acquires Fund Manager Specializing in Insurance Linked Securities May 23, 2019 French reinsurer SCOR said it had agreed to buy 100% of Coriolis Capital, an asset manager specialized ininsurance-linked securities, for...
Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round May 23, 2019 By Sandrine Rastello Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears...