Claims / Legal
Fallout from the Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. ...
Cyber Hacking Risks Discovered in U.S. Army’s $12M Mobile Network
A $12 billion mobile Internet network that the U.S. Army is using in Iraq, Afghanistan and Africa has significant cyber security vulnerabilities that were found in combat testing. After a review ...
$100M Suit Resolution: Uber to Treat CA Drivers More Like Real Employees
Uber Technologies Inc. resolved the biggest threat to its business by settling with California drivers suing to be treated more like traditional employees, a move that could have broad-ranging ...
Texas Hailstorms Poised to Bring Insured Losses Above 9-Year Average: A.M. Best
Springtime hailstorms in the Dallas-Fort Worth region of Texas are adding up to some significant insured losses that could exceed the 9-year average, according to the latest A.M. Best briefing. Two ...
Cyber Thieves See Limited Chances Before Credit Card Chips Curtail Their Theft Opportunities
Cyber thieves see new credit card chip technology being adopted by U.S. retailers closing a lucrative window of opportunity to steal your data. So they want to move fast. "We've actually seen a ...
Assurant to Take on Nationwide’s FEMA Flood Insurance Business
Nationwide will start winding down its status this May as a "Write Your Own" carrier within FEMA's National Flood Insurance Program. Assurant said it formed an agreement with the insurer to fill the ...
Recognizing Diversity Key to Tapping Future Talent
While the idea of diversity in the workplace isn't new, the insurance industry is known for lagging when it comes to change. "Quite frankly, I've been involved in the industry for quite a number of ...
VW U.S. Emissions Scandal Deal to Cost at Least $10B
Volkswagen AG agreed to fix or buy back about 500,000 tainted cars in the U.S., taking a significant step forward in its effort to emerge from the emissions-cheating scandal. After months of ...