Litigation/Liability Trends
Genetic Markers May Fuel Next Wave of P/C Insurer Asbestos Reserve Hikes
Actuaries and casualty insurance company financial officers who are not tuned into the revolution occurring in molecular biology may be blindsided by the next influx of asbestos claims, according to ...
Berkshire Hathaway Specialty Insurance Debuts Professional Liability Coverage For U.S. Bankers
Berkshire Hathaway Specialty Insurance is rolling out professional liability insurance for bankers in the U.S. The new coverage, dubbed Professional First Bankers Professional Liability Insurance, ...
China-Linked Hackers That Hit U.S. Govt. Reportedly Breached United Airlines
The hackers who stole data on tens of millions of U.S. insurance holders and government employees in recent months breached another big target at around the same time -- United Airlines. United, the ...
Employers Bracing for Discrimination Suits: Littler Mendelson Study
Your company is bracing itself for lawsuits. Yours included. U.S. employers are anticipating a rise in workplace discrimination claims based on their own hiring policies, a survey released last week ...
Cyber Climbs the List as a Major Risk: PwC & CSFI Survey
Regulation is the top insurance industry concern for the third year in a row, but cyber has grabbed carriers' attention like never before, according to the Centre for the Study of Financial ...
Toronto Cab Drivers Sue to Halt Uber’s Advance
Toronto taxi drivers are launching a class-action lawsuit against ride-sharing company Uber Technologies Inc, seeking more than C$400 million ($307.27 million) in damages and an injunction to stop it ...
No Expectation of Privacy for Butt-Dialed Calls, Court Rules
Butt dialing, a source of anxiety for anyone with a cellphone, just got more horrifying. A federal appeals court in Cincinnati ruled yesterday that somebody who accidentally calls somebody else isn't ...
AIG, Allianz Stand to Gain From Nestle’s $2.3B India Noodle Mess
As Nestle SA slugs it out with India's food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American ...