Moody’s Acquires Praedicat
Moody's Corporation announced today that it has acquired insurance analytics provider Praedicat. Moody's said the acquisition adds comprehensive casualty and liability ...
Praedicat News
More PFAS Numbers: How Much Will It Cost?
A $165 billion high-range estimate of losses from PFAS litigation isn't the only number about cost burdens that casualty actuaries heard at the CAS Seminar on Reinsurance ...
Why Insurers Should Develop Strategies for Estimating PFAS Loss Reserves
Perfluoroalkyl and polyfluoroalkyl substances (PFAS) are everywhere in the news lately. PFAS refers to a class of chemicals renowned for resisting heat, water and stains—substances that are found ...
D&O Underwriters May Be Worried About the Wrong Greenhouse Gas
Greenwashing lawsuits, while still relatively uncommon, have seen an uptick in recent years, with some alleging harm to consumers and others alleging harm to ...
Endocrine Disruption Litigation Has Arrived
How long does it take for science to identify a new type of harm from commercial activity before litigation tries to hold the businesses accountable?
I am old enough to have been taught the four basic food groups in elementary school and the importance of eating some from each of the groups no matter how much I might ... Litigation could cost the plastics industry and its insurers $20 billion in the U.S. over the next eight years, according to a report backed by the United Nations and an ...
How Is Your Food Processed? An ‘Emerging Damage’ Risk
What’s Next: Are Social Media Addiction Lawsuits Just the Beginning?
The lead-up to mass litigation in the United States has a predictable sequence: Commercial enterprises unleash a new technology that delights consumers and garners handsome profits for ...
Plastic Pollution Could Trigger $20 Billion in Lawsuit Payouts
3M Belgian Settlement Signals Increased Risk of ‘Toxic Torts’ in Europe
"Toxic torts," which are lawsuits alleging damage to human health or the environment caused by specific substances, are increasingly common in the United States. They can cost defendants hundreds of ...
Pesticides: The New Pharma?
Fen-phen, Baycol, Rezulin, Vioxx… The 1990s and 2000s saw a tidal wave of pharmaceutical-related litigation that dominated the agenda of the plaintiffs' bar. Mass torts over the negative health ...