News
HSB, Coalition Unveil Cyber Insurance Innovations: Cyber Auto; Affirmative AI
In separate announcements late last month, Munich Re's HSB and Coalition unveiled two novel cyber insurance offerings. HSB aims to cover cyber insurance for autos, while Coalition announced an ...
AIG Sues Newly Launched Dellwood Insurance and Its Founders
American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Court Approves 3M Settlement Over ‘Forever Chemicals’ in Public Water Systems
Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multibillion-dollar settlement over contamination with potentially ...
Georgia’s Latest Effort on Plaintiff Demands Aims to Deter Bad-Faith Claims
Georgia lawmakers have approved two bills that could have a significant impact on windstorm and bad-faith claim losses for property insurers. First, the bad-faith reform legislation. Auto insurers ...
Nationwide Survey Finds Distracted Driving Still an Issue
A recent survey of passenger car and commercial drivers finds that distracted driving is still a significant safety issue, according to a report from Nationwide. The latest driving behaviors survey ...
Car Shipper Estimates $10M Loss From Baltimore Bridge Collapse
Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be ...
Cardinals Ordered to Pay Former Executive Nearly $3M in Damages for Defamation
An NFL arbitrator ordered the Arizona Cardinals to pay nearly $3 million to former team executive Terry McDonough for making "false and defamatory" statements about him to the media. Jeffrey Mishkin, ...
Ship Owner in Bridge Collapse Seeks to Limit Its Liability
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern U.S. transportation network into chaos, is seeking to limit its liability to about ...