Claims / Legal
COVID-19 Cruise Lawsuits Dismissed as Judge Warns of ‘Trivial Cases’
A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by their fear of exposure to COVID-19, saying that allowing their cases to proceed ...
FBI Hunts for Twitter Hackers Who Hit Biden, Obama, Musk, Others
The FBI is leading an inquiry into the Twitter hacking, according to sources familiar with the situation, as more Washington lawmakers raised alarms about the breach of high-profile accounts on the ...
COVID-19 Could Threaten Shipping Safety Even as Losses Are at Record Lows: Allianz
Large shipping losses dropped by 20 percent last year, in a continuation of decade-long trend when losses declined by almost 70 percent, according to a report published by Allianz Global Corporate ...
CoreLogic Meets With Investors Pursuing Unsolicited Acquisition Bid
CoreLogic Inc. met with two of its investors for the first time Tuesday to discuss their $7 billion proposal to take the real estate data company private. Representatives from Cannae Holdings Inc. ...
Google Suit Alleges Tracking in Apps Even When Users Opt Out
Alphabet Inc's Google records what people are doing on hundreds of thousands of mobile apps even when they follow the company's recommended settings for stopping such monitoring, a lawsuit seeking ...
UK PM Johnson Proposes Spending $6.6 Billion on Flood Defenses Through 2027
Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government seeks to protect hundreds of thousands of British homes. Under the ...
Travelers Cautions Q2 Pretax Cat Losses Will Hit $854M
The Travelers Companies Inc. has become the latest P/C carrier to report sizable catastrophe losses for the 2020 second quarter. Estimated pretax catastrophe losses for Q2 reached $854 million, or ...
Insurer Capital Strength Could Suffer With COVID-19 Second Wave: S&P
Insurers largely withstood the first wave of COVID-19 thanks to their capital strength. They may not be so lucky when a second wave comes, S&P Global Ratings said in a new report. "A second wave ...