Litigation/Liability Trends
Insurance Withdrawal Puts Sports and Festival Events at Risk
While there was debate about the wisdom of the Tokyo Olympics proceeding as scheduled given the current health conditions, the insurance industry dodged a bullet with the go-ahead. According to ...
Google Accuses Microsoft of Failing to Release Documents in Antitrust Lawsuit
Alphabet's Google has asked a judge hearing the Justice Department's antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, saying it has failed to ...
Business Travelers Aren’t Rushing Back to Flying Just Yet
Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely missing: business travelers. Their absence is noteworthy because they are a key ...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
Insured Losses From Germany’s Flooding Could Reach $6B: AIR Worldwide
AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...
Scientists Must Update Extreme Weather Climate Models After Missing the Mark
As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, ...
Global Supply Chains Falter as Inflation Continues and Virus Levels Jump
A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from ...
U.S. FTC Has Until Aug. 18 to File Amended Facebook Complaint
A U.S. judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit against Facebook Inc, an extension of three weeks from the previous ...