Is Equifax’s Cyber Insurance Enough to Cover Breach? September 11, 2017 By Sonali Basak Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the...
Majority of Americans Don’t Trust Self-Driving Cars September 11, 2017 By Keith Naughton Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them....
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendez-Vous September 10, 2017 By Tom Sims As Hurricane Irma battered Florida on Sunday, the cream of the insurance world — gathered under the Mediterranean sun in...
Irma’s Shift Westward Caught Some by Surprise September 10, 2017 By Sonali Basak, Noah Buhayar and Bailey Lipschultz Hurricane Irma’s westward shift will probably inflict heightened damage on people and businesses unable to adjust to its new path...
Court Revives Whistleblower Claim Against Wells Fargo September 10, 2017 By Jonathan Stempel Wells Fargo & Co. faces a new legal worry after a federal appeals court last Thursday revived a whistleblower lawsuit...
Irma Update: Tropical Storm Exits Florida for Georgia After Flooding Cities, Cutting Utilities September 10, 2017 By Zachary Fagenson and Daniel Trotta Downgraded from a hurricane to a tropical storm, Irma flooded several northern Florida cities with heavy rain and a high...
After Powerful Mexico Quake, Authorities Evaluate if Cat Bond Payout Triggered September 10, 2017 By David Alire Garcia and Jose Cortes At least 61 people died when the most powerful earthquake to hit Mexico in over eight decades tore through buildings...
New Workers’ Comp Filing Submitted to California Department of Insurance September 8, 2017 The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the...
Future of State Auto Insurance Group’s E&S Business Under Review September 8, 2017 Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including...
Motel 6 Will Settle Human Trafficking Suit Involving Los Angeles Property September 8, 2017 Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was...