Claims & Reserving
Files Seized From VW Law Firm Can Be Used in Investigation: Court Ruling
Volkswagen has lost a legal challenge to prevent prosecutors from examining unpublished documents about its emission scandal, with Germany's top court ruling on Friday that files seized from a U.S. ...
Oil CEOs Pursue Argument Against Being Sued Over Climate Change
Leaders of the world's largest oil companies want everyone to know it won't do anyone any good to make them pay for the damages of climate change. Executives have been making the argument after a ...
Greater Natural Gas Use Could Address Global Warming, Says BP and Chevron
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less. That's the message being delivered by the world's biggest energy companies at the World ...
Equifax Reaches Data Breach Settlement in Several States; Fines Avoided
Equifax Inc on Wednesday avoided fines in a deal with eight states' banking regulators over a data breach that compromised sensitive data of more than 145 million people, as the credit reporting ...
Wildfires Strike Northern California Once Again
Thousands were forced to flee their homes Monday as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state ...
Industry Shocker: Reserves Still Adequate
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
Lessons From the 2017 Atlantic Hurricane Season: Open Models, Real-Time Tracking Are Valuable Tools
Open models and tools to track hurricanes in real time can help boost modeling accuracy and aid the claims process after storms, according to a new Karen Clark & Co. analysis of the 2017 Atlantic ...
Wells Fargo Settles Phony Bank Account Scandal for $142M
Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening ...