Claims / Legal
Ironshore’s Singapore Arm Debuts Legal Event Expense Cover
Ironshore, via its Singapore branch, launched a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. ...
Harvey Aftermath: Half of Residential/Commercial Properties in Houston Likely Lack Flood Insurance
In the wake of Hurricane Harvey and its aftermath along the Texas coast, one ominous reality has emerged: just over 50 percent of residential and commercial properties in metro Houston likely lack ...
Insurers Slammed by S&P 500 Declines as Investors Weigh Harvey’s Costs
Insurance stocks were among the biggest decliners in the S&P 500 Index as investors weighed the impact of home and auto damages tied to Hurricane Harvey, which hit Texas as a Category 4 storm ...
GEICO, Farmers, Travelers and More Rally Adjusters for Harvey Cat Losses
Teams of insurance adjusters from GEICO, Farmers, Travelers, USAA and State Farm mobilized in Texas on Aug. 25 even before Hurricane Harvey slammed into the Texas coast late that evening. The ...
Harvey’s Impact on Insured and Uninsured Alike Soars in Growing Economic Catastrophe
Hurricane Harvey's second act across southern Texas is turning into an economic catastrophe -- with damages likely to stretch into tens of billions of dollars and an unusually large share of victims ...
Harvey Likely to Hike U.S. Flood Insurance Program Debt
The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, ...
Round 2 of Hurricane Harvey Poised to Drive Up Economic Damage in Texas
As Harvey's winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of U.S. energy production and in Houston, the nation's fourth-largest ...
Parmesan Cheese Labeling Lawsuits Tossed by U.S. Judge
A U.S. judge on Thursday dismissed lawsuits by consumers who had sued food manufacturers and retailers over their "100% grated Parmesan cheese" labels, alleging they were deceiving buyers because the ...