Claims / Legal
Cowbell Cyber Expands Into Texas and More
Cowbell Cyber, which uses artificial intelligence to sell cyber cover for small to mid-sized businesses, has expanded into Texas, Ohio, Indiana and Michigan. The company said its Cowbell Prime ...
InsurTech Startup Evident Gains Further Traction During Coronavirus Pandemic
Evident (also known as Evident ID), is a four-year-old InsurTech startup generating some added momentum since the COVID-19 pandemic struck in March, making nearly every meeting, business transaction ...
Swiss Foundation Settles Cryptocurrency Fundraiser Lawsuit With $25M Payment
A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million ...
Hurricane Laura Losses Could Have Been Worse, Modelers Agree
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...
Social Inflation and the Risk of D&O-GL Clash
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
Bayer’s $11 Billion U.S. Roundup Settlement Is in Jeopardy
Bayer AG's comprehensive settlement of U.S. lawsuits over its Roundup weed killer is in jeopardy after lawyers for some consumers accused the company of reneging on the $11 billion deal and the judge ...
Tesla Factory Struck by ‘Serious’ Cyber Attack
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...
Hurricane Laura Wind/Storm Surge Insured Losses Could Reach $12B: CoreLogic
Hurricane Laura wind and storm surge-related damages caused between $8 billion and $12 billion in insured losses, according to a new data analysis from CoreLogic. Specifically, the estimate covers ...