Litigation/Liability Trends
Hurricane Irma Destroyed 25 Percent of Homes in the Florida Keys, FEMA Says
Search-and-rescue teams made their way into the Florida Keys' farthest reaches Tuesday, while crews labored to repair the single washed-out highway connecting the islands and rush aid to Hurricane ...
Travelers’ Hurricane Harvey Pretax Losses Could Reach $750M
The Travelers Companies said it will deal with as much as $750 million in pretax catastrophe losses stemming from Hurricane Harvey. It's still early yet, so Travelers disclosed an estimate with a ...
Streams of Raw Sewage Overwhelm Cities Slammed by Hurricanes Harvey and Irma
Hurricane Harvey took aim at one of the nation's most industrial regions, releasing a stream of toxic pollutants from chemical plants, refineries and Superfund sites in Texas. But when its bigger ...
Equifax’s Cyber Insurance Reportedly Not Enough to Address Massive Breach
Equifax Inc.'s insurance against cyber breaches is likely inadequate to cover the credit-reporting company's costs tied to one of the biggest hacks in history, according to people familiar with the ...
Universal Insurance Holdings Has Plenty at Stake if Irma Hits Florida
As Hurricane Irma edges closer to Florida, investors on Wall Street are watching a small insurer with an unusually big commitment to the state. Universal Insurance Holdings Inc., with a market ...
Hurricane Harvey Claims Process: State Farm Adjuster and One Texas Home
Craig Reeves had been in Rockport, Texas, barely 48 hours when he ducked into the gloomy threshold of the condominium, which was darkened by blinds pulled before Hurricane Harvey and filled with a ...
New Wells Fargo Disclosures May Jeopardize $142M Customer Class Action Settlement
Wells Fargo & Co.'s disclosure Thursday that employees may have opened significantly more unauthorized accounts than previously stated could jeopardize a $142 million class-action settlement with ...
Wells Fargo Admits Discovery of 1.4M Additional Bogus Customer Accounts
Wells Fargo & Co will refund nearly 2 million more customers for charges they should not have incurred after expanding a review of improper sales practices, the third-largest U.S. bank said on ...