Claims / Legal
Former Chubb Exec Kocsondy Joins Beazley in Cyber Leadership Role
A veteran Chubb executive is joining specialist insurer Beazley as its new Head of U.S. Cyber & Tech. Patricia Kocsondy was previously senior vice president, errors & omissions (E&O) and ...
OSHA Urges Employers to Make Fully Vaccinated Workers Wear Masks
The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, ...
Cyber Attack Claims Soar in 2020 for Smaller Organizations: Coalition
The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An ...
Pearson Will Pay $1M to Settle Charges It Misled Investors Over Cyber Attack
London-based Pearson PLC will pay $1 million to settle charges it misled investors about a 2018 cyber intrusion involving the theft of millions of student records, the U.S. Securities and Exchange ...
Tesla Autopilot in 765,000 Vehicles Subject of Formal U.S. Safety Probe
U.S. auto safety regulators said Monday they had opened a formal safety probe into Tesla Inc's driver assistance system Autopilot after a series of crashes involving emergency vehicles. The National ...
Boy Scouts Ask Judge to Approve $850M Bankruptcy Plan Despite Insurer Opposition
An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group's national board never adopted a resolution approving an $850 million agreement that is the linchpin of the ...
Florida, Louisiana Stand Out as Super-High ‘Covicane’: PCS
A major hurricane that makes landfall in the southeastern United States will may also serve as a COVID-19 super-spreader that will slow recovery and increase costs, catastrophe modeler Property ...
Natural Catastrophe Losses Reached $40B in H1 2021, Hovering Near Record: Swiss Re
Estimated insured losses from natural catastrophes reached $40 billion during the first half of 2021 — driven by a deep winter freeze, hailstorms and wildfires — while man-made disasters ...