Commercial Lines
Federal Lawmakers Probing CNA Ransom, Cyber Insurance Payouts
Late last week, federal lawmakers requested information from Chicago-based insurer CNA about a March 21 cyber attack on the company and about a reported $40 million ransom CNA paid to end the ...
Insurers Get Low Grades on Climate Change, Biodiversity Loss Action
Most of the world's largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the ...
Plaintiffs Dig to Unearth Old ISO Documents to Back COVID BI Claims
Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19 public safety orders. Lawyers for footwear wholesaler Marc Fisher LLC ...
Employees Sue Texas Hospital Network to Halt Vaccine Mandate
A group of 117 healthcare workers at a Texas hospital filed a lawsuit in state court against their employer's mandate requiring all staff to get COVID-19 vaccinations, Washington Post reported on ...
Liability Shield Doesn’t Belong in Trade Deals, Internet Coalition Warns Biden
A coalition of internet accountability groups is warning the Biden administration against including liability protections for tech companies in future trade agreements, saying that could hamstring ...
Making Vaccinations Mandatory: What Employers Can Do
Can employers make COVID-19 vaccination mandatory? Yes, with some exceptions. Experts say U.S. employers can require employees to take safety measures, including vaccination. That doesn't necessarily ...
Wefox, German InsurTech for Agents, Raises $650M at Valuation of $3B
Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors in what it called a record-breaking round for a so-called InsurTech" company that valued the business at $3 ...
IoT Data Can Help Insurers Cover Existing and New Risks Alike: Geneva Association
Data from Internet of Things-related (IoT) devices is a potential boon to insurers, giving them new options for covering existing and new risks alike, according to a new report published by The ...