Underwriting
Suit Alleging ‘Outrageous Conduct’ by AIG, Coventry Allowed to Proceed
An Alabama appellate court has cleared the way for a lawsuit that alleges outrageous and fraudulent conduct by American International Group and Coventry against a worker who was injured in an ...
This Time, Brexit Gets a ‘Flexible’ Delay
The European Union on Monday agreed a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an ...
Wildfire Fallout: State of Emergency and Historic Evacuation of California’s Wine Country
Fires burning out of control in northern California prompted an historic evacuation in the state's famed wine country, razed homes, shuttered freeways and prompted the governor to declare a state of ...
The Latest Cyber Launches From Sompo International, Verisk and Guidewire
Sompo International Holdings has partnered with two companies to beef up its cyber risk management services for email security protection. Verisk rolled out an analytics product that aggregates cyber ...
AXA Agrees to Sell Belgian Banking Biz to Crelan for Nearly $690M
AXA said it has agreed to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan's loan insurance business. The deal, in all, is worth nearly $690 million. In ...
Hackers Cripple Johannesburg and Demand Bitcoin Ransom
The City of Johannesburg shut down its website and billing systems after a group hacked into the authority's system and demanded a ransom of four Bitcoins worth about $30,000. The call center, ...
Carrier Tech Investments Boost Customer Satisfaction With Auto Claims Process: J.D. Power
Customer satisfaction with the auto claims process has apparently reached record levels, thanks in no small part to carrier investments in the technology that serves the process. The 2019 J.D. Power ...
Lawsuit Alleges Tesla’s Futuristic Door Handles Contributed to Death in Burning Car Crash
The futuristic door handles on Tesla Inc.'s Model S are being blamed for a fatal crash in which a police officer was unable to pull a man to safety from his burning car. Omar Awan, a 48-year-old ...