Claims / Legal
SCOTUS Reinforces Company Power to Arbitrate Disputes
In a decision that could further help companies limit damages in disputes with workers, the U.S. Supreme Court on Wednesday ruled against a California man who was the victim of an online scam and ...
FTC Pursues Antitrust Suit Against Surescripts, Alleging Electronic Prescription Monopoly
The U.S. Federal Trade Commission filed an antitrust lawsuit against the health information network Surescripts on Wednesday, accusing them of using illegal means to maintain monopolies over two ...
Warm Pacific, Weak El Niño Are Soaking Midwest Farms, Slowing Commerce
American farmers raising their fists to the sky this year may be better off directing their ire toward the ocean. Abnormally warm water in the eastern Pacific, along with a weak El Nino along the ...
Aon Combines Construction & Engineering and Inland Marine Teams Into Single Unit
Aon plc announced it has combined its Construction & Engineering and Inland Marine teams into a single, dedicated global unit within its Reinsurance Solutions business. The new Global ...
Carcinogen-Tainted Heart Drugs Lead to a Wave of Lawsuits
Dozens of lawsuits have been filed against drug makers and sellers over widely prescribed generic heart medications tainted with potential carcinogens, the first claims in what some lawyers expect to ...
Direct-to-Consumer Auto Insurance Keeps Gaining Traction: J.D. Power
Direct-to-consumer auto insurers appear to be gaining serious market traction, according to a new report from J.D. Power. The firm reports that auto insurance revenue hit $245 billion in 2018, ...
Cyber Attacks on Businesses and the Losses They Inflict Are Rising
Cyber attacks on businesses around the globe are on the rise, as well as the losses they inflict. Approximately 61 percent of firms dealt with a cyber attack over the last year, compared to 45 ...
Hannover Re Joins Carriers Scaling Back Coal-Based Risks
Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list of insurers and reinsurers that have made similar moves. In addition to ...