Claims / Legal
NSA Chief Questions Viability of Cyber-Weapons Treaty
Achieving a multinational arms-control treaty governing the use of cyber-weapons may be impossible because groups unaffiliated with governments wouldn't honor it, Admiral Michael Rogers, the director ...
Fitch: Medical Professional Liability Insurance Continues Downward Slide
Medical professional liability insurance for the U.S. property/casualty industry continued its years-long decline in 2014 in terms of net written premium volume, hammered by everything from worsening ...
Opinion: Putting a Price Tag on Volkswagen’s Emission-Fraud Liability
An $18 billion liability figure attached itself last Friday to Volkswagen's diesel disaster. This morning comes news that the German car maker has set aside $7.3 billion (€6.5 billion) to cover a ...
How Can We Be Friends? Reducing Friction Between Claims and Hired Counsel
Just like the old adage that oil and water don't mix, sometimes adjusters and their hired counsel don't see eye to eye. Whatever the cause, when adjusters and counsel don't get along, claims files ...
China’s President Pledges Cyber Security Cooperation and Resolution
Chinese President Xi Jinping opened his U.S. visit by seeking to ease concerns on almost every dispute between the two powers, even expressing readiness to cut a deal on one of the thorniest issues, ...
Catastrophe Compensation: An Industrywide View
We're moving through hurricane season, and once again it's been a quiet catastrophe year. Thirty-one events have led to insured losses of only $11.2 billion across 39 states and two Canadian ...
Volkswagen: 11 Million Cars Affected by Falsified U.S. Vehicle Emission Tests
Volkswagen AG said a scandal over falsified U.S. vehicle emission tests could affect 11 million of its cars worldwide as investigations of its diesel models multiplied, heaping fresh pressure on CEO ...
Ex Peanut Corp. CEO Gets 28 Years For His Role in Salmonella Outbreak
Former Peanut Corp. of America Chief Executive Officer Stewart Parnell was sentenced to 28 years in prison for his role in shipping salmonella-tainted products linked to nine deaths in 2009. Parnell, ...