Commercial Lines
Florida Attorney Driving Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge
Embattled Florida attorney Scot Strems, who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last several years, has ...
Amazon Warehouse Workers Injured More than Industry Average: Report
Amasdfdfdfdfdfcompany's progress. But internal data revealed that not only did Amazon fail to meet its own targets, but that the injury rate ticked up. Amazon told workers the robots would make their ...
Cryptocurrencies Increasingly Viewed as Risky by Financial Firms, Governments
Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin and other digital tokens for use in money laundering and ...
Next Insurance Adds 24 States to Workers Comp Coverage Reach
Next Insurance has expanded its workers compensation cover into 24 additional states, including Alabama, Iowa, Louisiana and Virginia. AsThe digital small business insurer said that the coverage is ...
Fewer Businesses Reduce Cyber Risks Even as More Worry About Them
The dynamic between businesses and the cyber risks they should be preventing or mitigating is becoming increasingly complex. A survey from The Travelers Companies Inc. found that cyber threats are ...
Overshadowed by COVID-19; Insurance Industry M&A Takes a Pause
Insurance industry M&A activity is on a temporary break due to uncertainties created by the COVID-19 pandemic, according to a new Deloitte report. "COVID-19 has forced many insurance carriers to ...
Two Different Results for Similar COVID-19 Biz Interruption Suits
A federal judge in Florida last week denied an insurer's petition to dismiss a COVID-19 business-interruption lawsuit, while a federal magistrate judge in California threw out a similar claim. Both ...
Ransomware Attack Strikes Insurance Broker Gallagher
Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In ...