Claims / Legal
Cyber Provisions in China Anti-Terror Law Concern Business Groups
China's controversial anti-terrorism law could be passed as soon as the end of this month, state news agency Xinhua said on Monday, legislation that has drawn concern in Western capitals for its ...
Swiss Re: 2015 Insured Economic Losses Dropped to $32 Billion
Insured losses from natural catastrophes dropped in 2015 compared to 2014. But man-made losses spiked higher, led by China's Port of Tianjin explosions in August, Swiss Re said in its preliminary ...
VW Scandal Fallout: Automaker Creates U.S. Diesel Emissions Claims Program
Volkswagen of America said it is creating an independent claims program for the owners of nearly 600,000 diesel vehicles that emit up to 40 times legally allowable emissions. The German automaker ...
Allied World Debuts Division Focused on Global Crisis Management Coverage
Allied World Assurance Company Holdings AG established a new division focused on coverage for global crisis management. Five executives – four chosen from within Allied World – will run the ...
Congress Tackles Cyber Security as Part of Federal Spending Bill
Companies that share data with the U.S. government for cyber security purposes will get more protection from consumer lawsuits under a measure piggybacked onto a massive federal spending bill ...
How to Win Big With Predictive Claims Analytics: Six Steps for Insurance Executives
The implementation of predictive analytics is simple and valuable, and it is key to the transformation of claims and legal expenses into valuable assets for insurance companies. Once you implement ...
Third Point Re, Greenlight Capital Re Targeted by Short Sellers as Losses Soar
The shorts are targeting one of Wall Street's best known short sellers. Bearish investors have piled on bets against a reinsurer started by hedge fund manager David Einhorn as the company's losses ...
China Leader Urges United Front Against Hacking, Network Surveillance
China's President Xi Jinping laid out his vision for the Internet on Wednesday, calling for respect of different governance models and standardized online security, placing China at the front of ...