Litigation/Liability Trends
Lawyers’ Perspective: Unclaimed Property Actions, Cyber Blackmail Ranked Among Insurance Issues to Watch
From time to time, insurance executives ask our firm what issues are likely to impact the insurance industry in the near future. Below are several emerging issues we believe are likely to have an ...
Insurers in Chile Should be Able to Handle Quake Claims: Fitch Ratings
Chile continues to assess the damage of an 8.3 magnitude earthquake that killed more than 10 people on Sept. 17 and led to the evacuation of over 1 million people around the coast, according to media ...
Producer compensation programs send clear messages about what a carrier values. Commission rates, incentive structures, bonuses, and performance thresholds direct...
Cyber Attacks Bring Insurers and Other New Clients to Defense Firms
A broadening wave of cyber attacks is drumming up new clients for defense companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. Banks, utilities and ...
Bill Cosby Wants AIG to Pony Up Defamation Defense Coverage
Bill Cosby, citing financial pressures, asked a federal judge to dismiss or put on hold a lawsuit in which American International Group Inc seeks to avoid paying for his defense against defamation ...
California Wildfires Damage 5 Calpine-Owned Power Plants
A California wildfire damaged five power plants at Calpine Corp.'s Geysers geothermal complex in Lake and Sonoma Counties. The so-called Valley Fire burned local power distribution lines, cooling ...
Chemical Giant DuPont Readies for 1st Trial Over Tainted Drinking Water
Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
FHA Urges National Overhaul of Guardrail Standards After Review
U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have "safety performance issues" in some real-world crash scenarios, the Federal Highway Administration said as it ...