Claims / Legal
Insurers/Reinsurers Fail to Adequately Cover Global Terrorist Threats: JLT
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
VW Faces April 21 U.S. Deadline for Diesel Cheat Fix
Volkswagen AG hasn't finished a plan for getting 600,000 diesel vehicles off U.S. roads as it faces hundreds of lawsuits for rigging pollution control systems to cheat emissions tests. U.S. District ...
Forms are the foundation of every insurance product. So why does managing them still feel like the slowest part of...
Whistleblower Sues Abbott for $1 Billion in Trial Over Stent Marketing
Abbott Laboratories is accused in a trial that started Tuesday of marketing unapproved stents for unsuspecting patients and cheating Medicare, as a whistleblower seeks more than $1 billion, a risk ...
Uber’s Anti-Cyber Crime Strategy: Pay Hackers to Find System Flaws
Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash bounties. While ...
VW Hit by Yet Another Diesel Emissions Cheating Lawsuit
Kentucky sued Volkswagen AG and its luxury units on Tuesday claiming the German automaker's diesel emissions cheating scheme violated the state's Consumer Protection Act. "Volkswagen must be held ...
Marine Insurers Fill Iran Oil Cover Shortfall Stemming from U.S. Sanctions
Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to ...
Supreme Court Allows NFL Players’ Video Game Image Rights Claims to Proceed
The U.S. Supreme Court on Monday rejected Electronic Arts Inc.'s bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the video game maker of using their ...
Fitch Recommends Slower P/C Insurance Embrace of Cyber Risks
Cyber risk may be the fastest growing segment in property/casualty insurance, but carriers should be measured about boosting their presence in the space, Fitch Ratings warned in a new report. Why go ...