Claims / Legal
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
"Are you being serious?" Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company's second-quarter earnings call about ...
War of Words
It's not every day that the chairman and CEO of one of the world's largest insurance companies issues open warfare against an entire industry. While no one was surprised ...
Human Responses: Did Jurors React to Musk in Damage Award Against Tesla?
During a webinar this week devoted to analyzing possible factors that fueled a $243 million jury verdict against Tesla, a lawyer not involved in the case fielded a question about Elon Musk's impact. ...
Digging Into Tesla’s Liability in Crash Case: Where’s the Data?
Two experts on autonomous vehicle safety recently dove into legal arguments and engineering factors that shaped last week's landmark jury decision against Tesla, at one point surfacing an important ...
Jury Decides Tesla Partly Responsible in Autopilot Crash Case; Must Pay $243M
A Miami jury decided that Elon Musk's car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $240 ...
Taking Back Negotiation: Why Claim Professionals Must Lead the Next Chapter
In the rapidly shifting landscape of property/casualty insurance claims, negotiation stands at the pivotal moment for improved settlement outcomes, client satisfaction, ...
New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts
Leaders at one of the largest national insurance defense firms believe they have identified the causes of nuclear verdicts—and developed a comprehensive litigation strategy that negates them. A new ...
1,000-Year Texas Flood Damage Estimated at $1.1B; Little Insured: Cotality
Cotality, a property data and analytics company, estimates that Central Texas flash floods over the July 4 weekend, which claimed the lives of more than 120 people, also caused $1.1 billion in damage ...