Claims / Legal
Fewer Settlements on Courthouse Steps: What Insurance Execs Are Saying About Social Inflation
Is the political mood of the country increasingly conducive to social inflation? Analysts at Assured Research believe so. In addition, in the accompanying article, they note that a steady rise in ...
Social Inflation Is Back, Fueled by Lawyer Advertising and Other Factors: Assured Research Analysis
By the spring of this year, the financial press was filled with articles documenting the pause in numerical and medical inflation. But few outside the insurance industry are discussing—or maybe ...
Connecticut Insurers: Homes Must Fall Down to Be Eligible for Coverage
Connecticut residents whose home foundations are crumbling face a perplexing problem with their insurance policies: The damage won't be covered unless their homes collapse. More than two dozen ...
Insurance Could Slash Billions From Poor Nations’ Natural Disaster Bills
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a report commissioned by Britain's international ...
Pending EU Rules Should Spur International Cyber Insurance Market Growth: A.M. Best
The European Union's looming General Data Protection Regulation (GDPR) will require mandatory notification of serious data breaches and potentially massive fines for failure to comply. That's the bad ...
Truck Speeding Fix Hits Roadblock; Safety Rules Halted by Trump Anti-Regulation Order
Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise of fewer highway deaths convinced U.S. officials in September to propose ...
Wells Fargo Closer to $142M Settlement With Customers Over Phony Account Scheme
A California judge has granted a preliminary approval for Wells Fargo & Co.'s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees ...
Pension Funds Seek SEC Regs Expanding Human Capital Management Disclosures
A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and ...