News
Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States is being driven, in part, by changing juror sentiment and shifts in societal norms, according to analysis ...
Firms Expect to Modify EPL Coverage as Claims Persist
A new survey indicates employers expect to see more employment-related claims within the next year, according QBE North America's Employment Practices Liability Report. The report, based on a survey ...
Uninsured Jaguar Land Rover Will Likely Get UK Support for Cyber Attack
Britain's government is considering providing financial support for carmaker Jaguar Land Rover's suppliers after a shutdown caused by a cyber attack was extended until October, a government source ...
Xcel Energy to Pay $640M to Settle Colorado Wildfire that Burned 1,000 Structures
Xcel Energy expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado's most destructive wildfire that killed two people and destroyed nearly 1,000 homes ...
Newman Named CEO of ACORD Solutions Group
ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG).
Newman brings extensive ...
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with ...
Cyber Threats Continue to Target SMEs, While Large Firms Face Greatest Costs: Report
The latest NetDiligence Cyber Claims Study revealed that small to medium enterprises (SMEs) account for the vast majority of claims (98 percent), with large companies (2 percent of the dataset) ...
French Workers Tailed by Private Detectives Hired to Root Out Surging Sick Leave Fraud
Fabrice Lehmann caught sight of his target as he left his suburban Paris home, dressed for work. He began tailing him, trying to blend in with the commuters heading into the city. A private detective ...