U.S.
Stop Nuclear Verdicts: Hire Plaintiff Lawyers
Why have nuclear verdicts skyrocketed in the last 10 years? Did the law change? Did Congress pass a sweeping bill in favor of plaintiffs that mandates they must recover tens of millions of dollars in ...
For Mid-Sized Businesses, Reducing Risk Through Crisis Management Remains Big Unmet Need
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they're concerned about ...
COVID-19 Left Reinsurers With ‘Anemic Earnings’ Picture Despite Investment Return Rebound
Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an "anemic earnings" picture for global reinsurers, Moody's Investor ...
Insurers Recognizing ‘Mega’ WC Claims More Quickly
The share of "mega" workers' compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the ...
P/C Carriers Will Feel the Hurt From Hurricane Laura
Ratings analysts A.M. Best and Moody's are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best expects losses from Hurricane Laura to place ...
U.S. Black Farmers Sue to Ban or Place Product Warnings on Roundup Weedkiller
A group of Black U.S. farmers filed a federal lawsuit on Wednesday, seeking to force Bayer AG to either stop selling its widely used weedkiller Roundup or roll out new product warnings. The National ...
Personal Auto Insurance Shopping on the Rise Despite Pandemic: TransUnion
Despite a temporary downturn in the early weeks of the COVID-19 pandemic, personal auto insurance shopping rates actually rose in the first half of the year, according to TransUnion's 2020 Insurance ...
Hurricane Laura Slams Into Louisiana; ‘Unsurvivable’ Wall of Water Predicted
Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful storms to hit the state, with forecasters warning it could push a massive wall of water 40 miles ...