Claims / Legal
‘Industry’ Loss Reserve Studies Not Meaningful: Demotech Analysis
Insurance literature is replete with articles, analyses, studies and discussion documents related to industry loss and loss adjustment expense (L&LAE) reserves, the impact of L&LAE reserve ...
Home Depot Also Admits Hacker Theft of 53 Million E-Mail Addresses
Home Depot Inc., which suffered a data breach between April and September, said 53 million e-mail addresses were taken by hackers during the attack, in addition to the 56 million payment cards that ...
New Online Tool Helps Predicts Risk For Deadly Coastal Hurricanes
When a hurricane comes ashore, there are so many dangers: tree-snapping winds, torrential downpours and even tornadoes spawned by the tempest itself. But it's the wall of water that tropical systems ...
Wells Fargo Acknowledges U.S. Mortgage Insurance Settlement Talks
Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation's largest mortgage lender of cheating taxpayers by submitting ineligible ...
In October, the Worst Storms Slammed Into India and Japan
As of Nov. 1, the U.S. achieved 3,295 consecutive days without a major hurricane landfall. That doesn't mean there weren't major storm events in October, but the worst ones hit India and Japan ...
Stryker Resolves Hip Implant Liability Lawsuits for $1 Billion
Stryker Corp. agreed to pay more than $1 billion to resolve lawsuits over thousands of hip implants recalled in 2012 after patients complained of pain, swelling and metal debris from the devices. ...
Insurers Come Out Ahead in Court With HUD Disparate Impact Ruling
Property/casualty insurer trade groups won a court victory Monday when a federal judge ruled in their favor that the U.S. Fair Housing Act does not prohibit housing practices including the pricing of ...
Boston Scientific Begins Initial Trials For Transvaginal Mesh Liability Cases
Boston Scientific Corp on Monday was set to face its first federal trials in two courts over claims from women who say they were injured by the company's transvaginal mesh devices. One, in ...