News Nearly a Decade After Breach, Home Depot Appeals to Get Defense Costs From CGL Policies December 15, 2023 Think cyber events don’t have long tail? Consider this: Home Depot is still in a legal battle to get $50... Read More
News Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door December 14, 2023 While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from... Read More
News Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk November 28, 2023 Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a... Read More
News American Family Shuts Down Systems After Detecting ‘Unusual Activity’ October 24, 2023 American Family Insurance shut down “several business systems” after the insurer said it “detected unusual activity in a portion of... Read More
News Insurance Industry Should Expect $100 Billion in Catastrophe Losses Every Year: Verisk September 11, 2023 Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in... Read More
News Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case August 31, 2023 A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost... Read More
News Dollar Tree Agrees to Improve Safety and Pay $1.35M in Fines: OSHA August 28, 2023 Dollar Tree Inc. and subsidiary Family Dollar have entered an agreement with the Occupational Safety and Health Administration (OSHA) to... Read More
News Allstate Records $2.7B Net Catastrophe Hit on Way to Q2 Loss of $1.4B August 3, 2023 Allstate Corp. reported net catastrophe losses of $2.7 billion in the second quarter, resulting in a net loss for the... Read More
News Judge Denies Insurers’ Appeal in Boy Scouts Reorganization Plan March 28, 2023 A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of... Read More
News Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling December 16, 2022 State Farm’s claims handling process is the subject of a new lawsuit alleging disparities between the insurer’s treatment of claims... Read More