Claims / Legal
COVID-19-Related Labor, Material Price Hikes Propelling Property Claim Cost Increases
The COVID-19 pandemic is causing a sharp increase in the price of materials and labor and driving increases in property claim costs, experts said during a webinar hosted by ATI Restoration on ...
Zurich Insurance, Metromile Disclose Their Post-COVID Return-to-Office Plans
Zurich Insurance and Metromile are among a number of industry companies that have plotted post- COVID returns to the office. Like the others who have recently disclosed their plans, they are doing so ...
FDA Slaps ‘Most Serious’ Label on Philips Ventilator Recall Over Low Oxygen Risk
The U.S. Food and Drug Administration on Tuesday classified the recent recall of some of Philips' ventilators as Class 1, or the most serious type of recall, saying the use of these devices may cause ...
Robo-Lawyer DoNotPay Valued at $210M; Expanding to Small Biz Customers
DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua ...
Class Action Targets Insurance Broker Gallagher Over Ransomware Attack
Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack it suffered in 2020. The plaintiffs allege that Gallagher failed to follow ...
Are Reserve Releases Ahead? Appellate Ct. Ruling Seen Slowing COVID Suits
A federal appellate court ruling that dismissed a dental practice's COVID-19 business interruption claim might be the beginning of the end for policyholder arguments that income lost because of ...
Insurance Withdrawal Puts Sports and Festival Events at Risk
While there was debate about the wisdom of the Tokyo Olympics proceeding as scheduled given the current health conditions, the insurance industry dodged a bullet with the go-ahead. According to ...
Google Accuses Microsoft of Failing to Release Documents in Antitrust Lawsuit
Alphabet's Google has asked a judge hearing the Justice Department's antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, saying it has failed to ...