Specialty
Global Nuclear Accident Compensation Fund Launches With Japan Signing
Japan signed on to a global nuclear- compensation treaty in Vienna that will create a fund to help victims of accidents like the one that devastated Fukushima Dai- Ichi in 2011. The Convention on ...
Farmers Follows USAA With Ridesharing Insurance in Colorado
Farmers Insurance said it will launch a coverage endorsement in Colorado for ridesharing insurance, a week after USAA announced a similar program for the state. Like USAA, Farmers said its coverage ...
U.S. Rules on Cuba Ease Travel, Trade, Insurance Restrictions
The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. ...
J&J Claims Illegal Solicitation of Women to Join Transvaginal Mesh Lawsuits
Johnson & Johnson said in a court filing on Wednesday that women are being illegally solicited by unknown callers trying to persuade them to sue over transvaginal mesh devices, which are the ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Obama Announces Revised Cybersecurity Bill
President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama ...
Asbestos Losses Poised to Rise as Litigation Strategy Evolves
U.S. property/casualty net asbestos losses are holding steady at $85 million. But that number could change in the future due to some big-time litigation variables, A.M. Best said in a new special ...
Brit PLC Pairs With New Bermuda Reinsurer for Property Cat Excess of Loss Coverage
A new Bermuda-domiciled reinsurer will cover a share of Brit PLC's existing worldwide property catastrophe excess of loss portfolio. The partnership between Brit – a global specialty insurer and ...