Claims / Legal
Industry Shocker: Reserves Still Adequate
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
The Next Tobacco? Climate Litigation Threat Growing: Opinion
Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU's second highest court. All claim to have suffered loss from climate change. ...
How Do You Count Deaths From a Hurricane?
How many people died in Puerto Rico from Hurricane Maria? It's a question that has been debated since the powerful storm slammed into the island and devastated the U.S. territory last year. It's also ...
Chubb Insists No Insurance for Weinstein, Who Wants Jury to Settle Coverage Issues
Hollywood movie mogul Harvey Weinstein is asking that a jury decide whether his insurer must defend him against 14 lawsuits accusing him of sexually harassing and assaulting women over several ...
Adjuster Licensing Requirements Onerous, Costly
How many states require licensing of staff and/or independent adjusters? As a carrier or an adjusting firm, if you don't know, you just might be in violation. Currently, 34 states require independent ...
Harvey Weinstein Pushes for Jury Decision on Sex-Assault Insurance
Harvey Weinstein wants jurors to decide whether Chubb Ltd. and other insurers are acting in "bad faith" by refusing to pay to defend him against almost a dozen lawsuits accusing ...
Insurer AIG Must Defend Bill Cosby Defamation Suits, Court Says
A federal appeals court says that insurer American International Group must pick up Bill Cosby's tab to fight defamation lawsuits brought by women who accused him of sexual misconduct. But the ruling ...
Lessons From the 2017 Atlantic Hurricane Season: Open Models, Real-Time Tracking Are Valuable Tools
Open models and tools to track hurricanes in real time can help boost modeling accuracy and aid the claims process after storms, according to a new Karen Clark & Co. analysis of the 2017 Atlantic ...