Claims / Legal
Aclaimant, a Safety and Risk Management Software Startup, Raises $10M
The InsurTech Aclaimant secured $10 million in venture capital financing to help grow the reach of its workflow platform for safety and risk management. With cash in hand, the Chicago-based startup ...
Canada’s LifeLabs Found to Have Botched Customer Data Protection Efforts
Canadian laboratory testing company LifeLabs failed to adequately protect sensitive health information of millions of people, resulting in one of the biggest data breaches in the country last year, ...
DC Sues 4 Oil Companies, Alleging They Misled Consumers on Climate Change
The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for "systematically and intentionally ...
COVID-19 Could Be Most Expensive Event Ever for Insurers, Reinsurers: Guy Carpenter
Although considerable uncertainty remains over its ultimate cost, the COVID-19 pandemic looks set to rank among the re/insurance sector's most expensive events, according to a report published by ...
Senators Propose Targeted Approach to Reform Internet Liability
Two U.S. senators on Wednesday introduced legislation to reform part of a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their ...
Legal Experts: Bayer Hopes Science Will Prevent Future Roundup Lawsuits
Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will ultimately show that its widely used weed killer Roundup does not cause cancer, legal ...
COVID-19 Kicks Public Company D&O Rate Hikes Into Overdrive
Rate-hike pressures were already robust for directors & officers liability insurance, but COVID-19 has kicked that into overdrive, according to a new Marsh report. "Although the current market ...
EasyJet Data Breach Lawsuit Draws More Than 10,000 People
EasyJet Plc faces a lawsuit over a data breach disclosed last month that potentially exposed private details of 9 million passengers. More than 10,000 people have joined the suit since it was filed ...