Claims / Legal
Active Atlantic Hurricane Periods Don’t Necessarily Point to More U.S. Landfalls
Active Atlantic hurricane periods, like the one now, are not necessarily a harbinger of more rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the ...
Volkswagen Faces Legal Test in Germany Over Emissions Scandal Compensation
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday, raising pressure on the carmaker to compensate customers in Europe over the emissions ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
Judge Slashes $1B J&J Hip Implant Award Verdict in Half
A U.S. judge almost halved the award in a December jury verdict that ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay more than $1 billion to plaintiffs in six lawsuits who said ...
25 Reinsurers Join $1B NFIP Reinsurance Program
The federal government's National Flood Insurance Program has secured more than $1 billion in reinsurance from 25 global reinsurers to help it weather major storms. Participating reinsurers include ...
Enstar Eyes Asbestos Liability Insurance Rights With $91.5M Dana Companies Acquisition
Enstar is beginning 2017 with news it is acquiring a non-insurance entity. The Bermuda-based insurance group disclosed that its Enstar Holdings arm is snatching up Dana Companies for $91.5 million. ...
Tesla Owner Sues Carmaker, Alleging Sudden Acceleration Caused Home Damage and Injury
Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring ...
Wells Fargo Settles Racial Bias Broker Lawsuit
Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues. The bank will pay $35 million to ...
The Latest Launches From AIG, Starr Cos. and The Hanover
AIG's Singapore division debuted a motor accident reporting platform in Singapore designed to help speed up the claims process online and reduce fraud. Starr Cos. will team with a Chinese insurer to ...