Litigation/Liability Trends
Workers Comp Market Further Improves Profit and Health in 2015: NCCI
The workers' compensation market is healthy and profitable. This year's "State of the Line" report, published by the National Council of Compensation Insurance (NCCI), indicates that the workers' ...
Insurers Will Both Suffer and Endure in Wake of Alberta Wildfires: Ratings Reports
While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe losses in Canadian history, property insurers are resilient, according to ...
Drones Deployed to Find Cause of Alberta Wildfire
Fire-ravaged Alberta will use drones to investigate the cause of a huge blaze that has scorched the Canadian province and displaced some 88,000 people. Elevated Robotic Services, which has also ...
Lawsuit Alleging Facebook Tagging Violates Biometric Privacy Moves Forward
Facebook Inc. users who say the social network's facial scanning flouts their privacy rights won the first round of a court fight. A federal judge in San Francisco on Thursday rejected Facebook's ...
Russian Criminals May be Selling Hundreds of Millions of Hacked Email Accounts
Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters. The discovery of 272.3 ...
Russian Computer Hacker Rewarded for Aiding U.S. Prosecutors
A Russian who admitted creating a computer virus that infected more than 1 million computers worldwide was spared from additional prison time on top of the the three years he's already spent locked ...
U.S. Insured Losses Hit $3.8B in Q1; Worst in a Decade: PCS/Verisk
Catastrophe activity in the U.S. led to $3.8 billion in insured losses in 29 states during the 2016 first quarter, with much of the damage hitting Texas. Those events were the worst in a decade in ...
1,000 Talc-Cancer Suits Head J&J’s Way After $55M Verdict Loss
Johnson & Johnson must pay $55 million to a 62-year-old South Dakota woman who blamed her ovarian cancer on the company's talcum powder in the second such trial loss this year. J&J is accused ...