Litigation/Liability Trends
COVID-19 Kicks Public Company D&O Rate Hikes Into Overdrive
Rate-hike pressures were already robust for directors & officers liability insurance, but COVID-19 has kicked that into overdrive, according to a new Marsh report. "Although the current market ...
EasyJet Data Breach Lawsuit Draws More Than 10,000 People
EasyJet Plc faces a lawsuit over a data breach disclosed last month that potentially exposed private details of 9 million passengers. More than 10,000 people have joined the suit since it was filed ...
15 U.S. Minor League Baseball Teams Sue Insurers for Pandemic Business Losses
Fifteen U.S. minor league baseball teams on Tuesday sued several insurers for not paying out claims for business interruption losses after the cancellation of "much or all" of the league's season as ...
Firefighters Battle Three Major Wildfires in Arizona
Hundreds of firefighters continued to battle three major wildfires burning in forested mountains and desert hills across Arizona. Crews were fighting fires in the Santa Catalina Mountains in the ...
Australia Government, Critical Infrastructure Targeted by State-Based Hackers
Australia's government, health and education services and various industries are being targeted by sophisticated state-based cyber attacks, Prime Minister Scott Morrison said Friday. Morrison said ...
Insurers Worry About Legionnaires’ Risks as Buildings Reopen
Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that had been closed for months ...
Trade Disruption Possible if Sailors Stranded by COVID Restrictions Refuse to Work
Merchant ship crew members stranded at sea for months due to coronavirus-related travel restrictions could now start refusing to further extend their contracts and stop working, potentially ...
A Former Morgan Stanley Diversity Officer Sues the Bank, Alleging Racial Bias
A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay laws, according to a court filing. The plaintiff, Marilyn ...