Claims / Legal
U.S. Reportedly Investigating Whether J&J Lied About Talcum Powder Cancer Risks
The U.S. Justice Department is pursuing a criminal investigation into whether Johnson & Johnson lied to the public about the possible cancer risks of its talcum powder, people with knowledge of ...
Storm Barry, No Longer a Hurricane, Dumps Dangerous Amounts of Rain on U.S. Southeast
The remnants of the once mighty storm Barry, the first hurricane of the 2019 season, dumped dangerous amounts of rain as it crawled north through the United States on Monday after coming ashore west ...
Ransomware Attacks on Big Companies in France Are Rising
Large companies in France are increasingly the targets of cyber attackers who lock up data and demand a ransom, but often refrain from reporting the assaults for fear of hurting their image, ...
California Creates $21B Fund for Utilities to Cover Future Fire Liabilities
For a leader with grand ambitions of tackling big issues from health care to taking on President Donald Trump, California Governor Gavin Newsom has spent much of his first six months in office bogged ...
European Storms Took Economic, Insurance Toll in June: Aon
Severe European storms during June had an economic price tag of $2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon's monthly Global Catastrophe ...
Consolidation of Third-Party Administrators Continues With Sedgwick’s Purchase of York
Sedgwick announced Monday that it has signed an agreement to purchase York Risk Services, continuing a long-term consolidation trend among third-party administrators. The purchase of York — which ...
IBM Proposes Revamp of Law Shielding Internet Companies From User Content Liability
International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms. In a blog post on Wednesday, IBM ...
3 Ways to Speed Up Claims and Boost Customer Satisfaction
Insurers face three key challenges: They operate in an already crowded marketplace, they have to meet the ever-increasing expectations of consumers, and they face incursions by disruptive tech ...