Claims / Legal
The Latest Launches From Chubb, Willis Towers Watson and XL Catlin
Chubb has expanded its business owner's policy to the technology industry and added specialized features. Willis Towers Watson launched an insurance product designed to protect financial institutions ...
Amazon Contractors Sue Retail Giant for Overtime Pay
Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked ...
A Handful of Wall Street Execs Still Avoid Using Emails or Texts
In an age when most bankers use keyboards to communicate with each other, a small group of the Wall Street elite refuses to say anything substantive in an email, text or chat, and some will not ...
SCOTUS Skeptical About Tossing State Farm Hurricane Fraud Jury Verdict
The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by ...
After 6 Years of Fast Growth, Cyber Insurance Purchasing Slows Down
There are signs in 2016 that the cyber insurance market is slowing after six years of rapid growth, even as the overall upward trend of organizations purchasing cyber insurance continued. A 2016 ...
Blockchain in Insurance: Applications and Pursuing a Path to Adoption
Blockchain, or distributed ledger technology, quickly has become a fixation in the financial services industry as a result of its potential to revolutionize and transform our thinking about data ...
XL Catlin Adds Employment Practices Liability Option for Design Professionals
XL Catlin said it is adding an employment practices liability option to its professional liability insurance product for architects, engineers and other U.S. design professionals or businesses. The ...
Wells Fargo Will Pay $50M to Settle Suit Over Homeowners Fees
Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on ...