errors and omissions News
Coalition’s Cyber and Tech E&O Coverage to Be Offered Through Big ‘I’ Markets
Cyber insurance startup Coalition inked a partnership deal with Big "I" Markets that will give it a broad market reach for its cyber and technology E&O coverage. Big "I" Markets is the online ...
The Latest Launches From Ironshore and Kinsale
Ironshore disclosed its Mergers & Acquisitions and Tax unit updated its transactional liability product to cover healthcare sector-related regulatory risks. Kinsale Insurance Company's Public ...
Anthem to Settle U.S. Data Breach Lawsuits With Record $115M Payment
Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which ...
ACE Group Expands E&O Endorsement for Nontraditional Medical Risks
ACE Westchester, the excess and surplus lines business of ACE Group, has announced a new errors and omissions endorsement designed to help medical organizations manage nontraditional risk exposures. ...
MF Global Alleges ‘Erroneous Accounting Advice’ in $1B Suit Against PwC
MF Global Holdings Ltd., which filed for bankruptcy after a failed $6.3 billion bet on bonds of some of Europe's most indebted nations, sued PricewaterhouseCoopers LLP for $1 billion, alleging ...
FOREX Market Lawsuits Mount
As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world's biggest banks are piling up, exposing the banks to potentially billions of ...
FINRA, SEC Targeting Firms Giving Bad 401(k) Rollover Advice
Brokers who give retiring workers bad advice about what to do with their 401(k) plans should expect some headaches: U.S. securities regulators are taking a closer look at what happens when investors ...