Claims / Legal
Modelers Studying Insurance Impact of Quakes Caused By Human Activity
Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake being caused by human activity. ...
Workers Comp Underwriting Profit Possible as Trends, Reserve Quality Improve: Fitch
Traditionally one of the most challenging underwriting segments in the U.S. commercial lines insurance market, workers compensation has experienced a meaningful turnaround in performance from large ...
XL Catlin Expands Cyber Breach Service Partnerships
XL Catlin has become the latest entity in the property/casualty industry to beef up its cyber breach services in an effort to respond to customer need and demand. The insurer said it has added a ...
Ex-AIG CEO Greenberg Sees Higher Purpose in Appeal of Federal Court Ruling
Maurice "Hank" Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.'s bailout isn't enough, and that he's seeking financial damages to hold the government ...
Insurers Irked With Supreme Court’s Decision to Back Disparate Impact Claims
The U.S. Supreme Court said people who file housing-discrimination suits don't have to show they were victims of intentional bias, in a blow to lenders and insurers and a surprise legal victory for ...
Oklahoma Urgently Mulls Tougher Fracking Regs After Earthquake Spikes
A spike in earthquakes across Oklahoma is forcing the state's energy regulator to urgently consider tougher restrictions on drilling activity, a spokesman said on Wednesday, calling it a "game ...
Toyota Supplier: Autonomous Car Tech 15 Years From Full Launch
The technology to make cars fully autonomous probably won't be established until at least 2030, according to the top supplier for the world's biggest automaker. The auto industry will take ...
U.S. Vents in Meetings With China About Cyber Theft Concerns
The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held ...