Markets
The Latest Launches From Praedicat and BHSI
Praedicat is debuting COVI19 litigation scenarios and a COVID-19 litigation tracker designed to help clients manage their exposure on casualty lines of business. Berkshire Hathaway Specialty ...
Apple Must Face Part of Suit Alleging Fraudulent Concealment of iPhone Demand
A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder ...
Lemonade Files Planned IPO Worth Up to $100M
Lemonade disclosed plans for an initial public offering worth as much as $100 million. The New York-based InsurTech has applied to use "LMND" as its ticker symbol for the New York Stock Exchange, ...
Opinion: Death of the Office? Not So Much
I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, ...
Willis Towers Watson Slapped With Shareholder Suits Over Its Planned Sale to Aon
There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors ...
Excluding Workers Comp, U.S. Commercial Insurance Saw Rapid Q1 Rate Hikes
U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson's pricing survey for the sector. Price increases ...
The BIG Compromise for Biz Interruption Coverage Suits Explained
Good faith coverage disputes over pandemic-related business interruption coverage don't have to be fought out in courts, and retroactive rewrites of business interruption coverage language are ...
Prediction vs. Reality: Cyber Risk in the COVID-19 World
Two months ago, as COVID-19 began to spread from its initial hotspots in China and Italy into the U.S., there was a great deal of speculation about how it might impact cybersecurity risk. ...