Claims / Legal
Lawyers’ Perspective: Unclaimed Property Actions, Cyber Blackmail Ranked Among Insurance Issues to Watch
From time to time, insurance executives ask our firm what issues are likely to impact the insurance industry in the near future. Below are several emerging issues we believe are likely to have an ...
Californians, Beset by Wildfires, Pursue High-Risk Insurance Market
There are lots of reasons people live in California's Modjeska Canyon. Nestled against the mountains and abutting the Cleveland National Forest, the area has abundant wildlife and access to nature, ...
Computer Models Failing to Predict Path of Wildfire Flames
Wildfires that have raged in California this summer haven't just overwhelmed firefighters. They've also stumped computer models designed to predict the intensity of flames and where they'll burn. ...
Insurers in Chile Should be Able to Handle Quake Claims: Fitch Ratings
Chile continues to assess the damage of an 8.3 magnitude earthquake that killed more than 10 people on Sept. 17 and led to the evacuation of over 1 million people around the coast, according to media ...
Cyber Attacks Bring Insurers and Other New Clients to Defense Firms
A broadening wave of cyber attacks is drumming up new clients for defense companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. Banks, utilities and ...
Allstate CEO Wilson Pledges Rebound for Auto Insurance Combined Ratio
Allstate Corp. Chairman and CEO Thomas Wilson assured investors this week that the insurer is working hard to improve its automobile combined ratio, which spiked six points to 101.4 in the 2015 ...
California Wildfires Could Produce Record Insured Losses: Munich Re America
Two major Northern California wildfires destroyed more than 1,000 structures as of early morning on Sept. 16, and Munich Re America said the ongoing crisis could eventually cause historic levels of ...
Bill Cosby Wants AIG to Pony Up Defamation Defense Coverage
Bill Cosby, citing financial pressures, asked a federal judge to dismiss or put on hold a lawsuit in which American International Group Inc seeks to avoid paying for his defense against defamation ...