Claims / Legal
New Study Says Autonomous Vehicles Significantly Reduce BI/PD Claims
A first-of-its-kind study has revealed that autonomous vehicle technology reduced bodily injury claims frequency by 100 percent and property damage claims frequency by 76 percent. Global reinsurer ...
Burger King Must Face Lawsuit Claiming its Whoppers Are Too Small
A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it cheated hungry customers by making its Whopper sandwich appear larger than it actually ...
Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. ...
Hurricane Idalia Strikes Florida With Powerful Cat 3 Winds
Hurricane Idalia came ashore on Florida's west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia's maximum sustained winds ...
Social Media Investigations: A Winning Strategy for Insurers
GARDEN GROVE, California—If you're a plaintiff in an injury lawsuit against your insurer, you might want to ask your wife not to post videos online of you frolicking in a swimming pool. An ...
Understanding the Real Impact of Wildfire Smoke
During the week of June 5, the Northeast United States found itself coated in orange smoke and smog stemming from the ongoing wildfires in eastern Canada. It was an ...
Insured Maui Fire Losses at Least $2.5B; Small Insurers Most at Risk
Moody's RMS estimates $4-6 billion in economic losses from the recent Lahaina Conflagration and Kula wildfires in Hawaii, the catastrophe risk modeler said yesterday, estimating insured losses at ...
Severe Weather Set to Boost U.S. Disaster Funding Needs, FEMA Says
Growing extreme-weather risks mean President Joe Biden's expected request for billions in extra disaster-relief funding might not be enough for the next fiscal year, FEMA head Deanne Criswell said. ...