Claims / Legal
Court Upholds Twitter Decision to Ban White Nationalist
Twitter Inc. won a battle in the culture wars with a court ruling that upheld its decision to delete the accounts of a self-proclaimed "white advocate." The social media giant has faced mounting ...
Japan Floods Leave Behind Up to $4B in Insured Losses: AIR Worldwide
Massive flooding in Japan earlier this summer will be costly, with insured losses landing between an estimated $2 billion and $4 billion, according to AIR Worldwide. As the catastrophe modeling firm ...
For Uber, Sexual Harassment Settlement Costs $34,000-a-Head
The cost of Uber Technologies Inc.'s March agreement to settle sexual harassment claims is now itemized: 56 current and former employees who filed claims stand to collect an average of $33,928.57. In ...
The Latest Launches From Coalition, Guy Carpenter and Vault
Coalition is marketing cyber insurance designed to protect organizations against fraudulent use of their IT and telephony services. Guy Carpenter inked a multiyear partnership with a London-based ...
Hawaii Still Vulnerable to a Weakened Hurricane Lane
Hurricane Lane has lost some of its punch as it prepares to brush past Hawaii but still threatens to inflict "tens of millions of dollars" in damages on the islands. The storm weakened to Category 4 ...
Judge Affirms $4.69B J&J Talc Verdict; Company Promises Appeal
A Missouri trial court judge has affirmed the massive $4.69 billion verdict against Johnson & Johnson in a case involving 22 women and their families who alleged the company's talc-based ...
Think Tank Examines Sustainability of Cyber Insurance Market
Although cyber risk premiums have expanded sizably in recent years with loss ratios that compare favorably to other product lines, the danger of accumulation risks is a key concern for the market, ...
Trump Wants U.S. Suit Against Opioid Makers
President Donald Trump said Thursday he wants the U.S. government to sue pharmaceutical companies that manufacture opioids as part of his efforts to halt an epidemic of drug addiction. Trump said ...