Risk
UK Supreme Court Appeal Over COVID-19 Case Now Likely
Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing hopes that a ...
Florida Attorney Driving Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge
Embattled Florida attorney Scot Strems, who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last several years, has ...
Amazon Warehouse Workers Injured More than Industry Average: Report
Amasdfdfdfdfdfcompany's progress. But internal data revealed that not only did Amazon fail to meet its own targets, but that the injury rate ticked up. Amazon told workers the robots would make their ...
Cryptocurrencies Increasingly Viewed as Risky by Financial Firms, Governments
Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin and other digital tokens for use in money laundering and ...
Fewer Businesses Reduce Cyber Risks Even as More Worry About Them
The dynamic between businesses and the cyber risks they should be preventing or mitigating is becoming increasingly complex. A survey from The Travelers Companies Inc. found that cyber threats are ...
Two Different Results for Similar COVID-19 Biz Interruption Suits
A federal judge in Florida last week denied an insurer's petition to dismiss a COVID-19 business-interruption lawsuit, while a federal magistrate judge in California threw out a similar claim. Both ...
Ransomware Attack Strikes Insurance Broker Gallagher
Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In ...
UK Regulator Makes Wednesday Deadline for Business Insurance Claims Agreement
Britain's financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against insurers, but was seeking an agreement by Wednesday to avoid the ...