News
U.S. Supreme Court Spurns Google Bid to Avoid Shareholder Lawsuit
The U.S. Supreme Court on Monday declined to hear Alphabet Inc's attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing a security glitch that left ...
The Latest Launches From Motus Insurance Services, Coalition, Precisely
Motus Insurance Services LLC added Beazley PLC via BHI Digital to provide an elective earthquake program for residential and commercial associations. Beazley is a publicly traded company with more ...
Insurers Refuse to Pick Up Bill for Billions in Opioid Claims
A multibillion-dollar bill is coming due for the U.S. opioid epidemic, and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware ...
Zywave Agrees to $11M Fund to Settle ITC Data Breach Lawsuit
Insurance technology provider Zywave has agreed to offer an $11 million fund to settle a class-action lawsuit related to a data breach at a company it acquired in 2020. A proposed class-action suit ...
Argo Group CEO Rehnberg Takes Health Leave
Kevin J. Rehnberg, chief executive officer of Argo Group International Holdings Ltd., announced on March 2, 2022 that he would be temporarily unable to perform his duties for health reasons. ...
UN Report Details Extent of Climate Change on Gulf Coast
Hurricane Harvey dumped more than 50 inches of rain on parts of the Texas coast in 2017. Then in 2020, ferocious winds from Hurricane Laura destroyed homes across coastal Louisiana. Hurricane Ida hit ...
Biden Ends Forced Arbitration for Sexual Assault, Harassment
President Joe Biden on Thursday gave victims of workplace sexual assault or harassment the right to seek recourse in a court of law instead of through forced arbitration proceedings. Biden signed ...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners
U.S. insurers, already hammered by extraordinary losses caused by natural disasters, are also failing to raise premiums at a pace that matches an historic inflation rate, the American Property ...