Claims / Legal
Allstate Handled $262M in Pre-Tax Cat Losses for July
The Allstate Corp. said it booked $262 million in estimated pre-tax catastrophe losses for July. Losses stemmed from 15 events. Two severe hail events in Colorado and other states plus the Carr Fire ...
Global Insured Catastrophe Losses Improve in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20 billion, down from $30 billion in H1 2017, according to Swiss Re Institute's latest sigma ...
Report: Cyber Crime Ring Planning Massive ATM Thefts
An organized crime ring is likely to attempt a "large-scale theft" of cash from U.S. ATMs in coming days, a closely watched cybersecurity website reported. The Federal Bureau of Investigation has ...
AT&T Sued By U.S. Investor Over Cryptocurrency Loss
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T , accusing it of fraud and gross negligence in ...
Trump’s Fight to Rollback Tailpipe Emissions Limits Leaves California Pondering Plan B
Even as California professes optimism in its legal fight against President Donald Trump's rollback of tailpipe emissions limits, the state is eyeing a fallback plan that could test how much its ...
Hackers Test Voting Systems for Breach Liabilities at Security Convention
Def Con, one of the world's largest security conventions, served as a laboratory for breaking into voting machines on Friday, extending its efforts to identify potential security flaws in technology ...
The Latest Launches From Starr Companies, AIR Worldwide and Church Mutual
Starr Companies plans to underwrite an insurance product designed for a particular Canadian visa program. AIR Worldwide released an updated U.S. wildfire model. Church Mutual, meanwhile, is teaming ...
Trading Apps Leave Investors Vulnerable to Cyber Attacks: Report
Dozens of applications used for online trading by retail investors have cybersecurity vulnerabilities, some of which could lead to hackers siphoning funds from account holders, according to security ...