A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million ...
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
There probably aren't too many people who think about insurance claims scenarios when they go out to buy ice cream. Chris Cheatham, the CEO of InsurTech Risk Genius, is one of them, according to a ...
Bayer AG's comprehensive settlement of U.S. lawsuits over its Roundup weed killer is in jeopardy after lawyers for some consumers accused the company of reneging on the $11 billion deal and the judge ...
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...
Hurricane Laura wind and storm surge-related damages caused between $8 billion and $12 billion in insured losses, according to a new data analysis from CoreLogic. Specifically, the estimate covers ...
A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion-dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. ...
Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. ...
Why have nuclear verdicts skyrocketed in the last 10 years? Did the law change? Did Congress pass a sweeping bill in favor of plaintiffs that mandates they must recover tens of millions of dollars in ...
The share of "mega" workers' compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the ...
