Litigation/Liability Trends
Insurers Pull Back on Cyber Cover as Ransomware Losses Mount
LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. ...
Will Forever Chemicals, PFAS, Lead to Never-Ending Lawsuits?
Claims and regulatory actions involving per- and poly-fluoroalkyl substances (PFAS) are continuing to evolve at a rapid pace across the country. From the ongoing multi-district litigation in the ...
Nationwide, Kinetic Team on Wearable Workplace Safety Technology
New York-based safety technology firm Kinetic has formed an underwriting partnership with Nationwide's E&S/Specialty division. Acting as program manager, Kinetic Insurance is offering workers' ...
U.S., Israel Will Partner to Fight Ransomware Attacks
The U.S. Treasury Department said on Sunday it will partner with Israel to combat ransomware, with the two countries launching a joint task force to address cybersecurity. The task force will develop ...
Google Dealt Amended Antitrust Complaint From U.S. States
A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc's Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost ...
SCOTUS Refuses to Hear Volkswagen Appeals Over Emissions Tampering Lawsuits
The U.S. Supreme Court on Monday rejected Volkswagen AG's bid to avoid lawsuits filed by officials in three states seeking damages stemming from the German automaker's diesel emissions cheating ...
Climate Change Puts Financial Heat on Insurers and Policyholders Alike
Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned to retire. But after a wildfire swept through their Northern California town of ...
J&J Victory: $465M Opioid Judgement Overturned in Oklahoma Court
The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit by the state alleging the drugmaker fueled the opioid epidemic through the ...