Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflat...
Delaware judge tosses renewable energy company's D&O coverage suit
A Delaware judge Thursday dismissed a lawsuit filed by renewable energy company and its CEO seeking coverage from directors and officers insurers...
A Delaware judge Thursday dismissed a lawsuit filed by renewable energy company and its CEO seeking coverage from directors and officers insurers...
Article / 5 days ago
Marsh moves nonsolicitation agreement fight to federal court
Marsh USA LLC has moved a former executive's lawsuit seeking to void his nonsolicitation agreement from California state court to federal court in San Francisco because damages...
Marsh USA LLC has moved a former executive's lawsuit seeking to void his nonsolicitation agreement from California state court to federal court in San Francisco because damages...
Article / 19 days ago
Appeals court revives Chubb units' coverage fight with N.Y. Archdiocese
A New York appellate court on Tuesday reversed a ruling dismissing a dispute lodged by a number of Chubb Ltd. units against the Archdiocese of New...
A New York appellate court on Tuesday reversed a ruling dismissing a dispute lodged by a number of Chubb Ltd. units against the Archdiocese of New...
Article / 21 days ago
US reaches $138.7M civil settlement with victims of Larry Nassar
The U.S. Justice Department has reached a $138.7 million civil settlement with hundreds of victims of former USA Gymnastics doctor Larry Nassar, who is...
The U.S. Justice Department has reached a $138.7 million civil settlement with hundreds of victims of former USA Gymnastics doctor Larry Nassar, who is...
Article / 21 days ago
D&O rates stabilize, retention rates fall: Report
BRP Group Inc. Wednesday released a report showing that directors and officers liability rates and retentions decreased in 2023....
BRP Group Inc. Wednesday released a report showing that directors and officers liability rates and retentions decreased in 2023....
Article / 27 days ago
Norfolk Southern to settle Ohio derailment class action lawsuit for $600M
U.S. railroad operator Norfolk Southern Corp. said on Tuesday it had reached a $600 million deal to resolve a class action lawsuit related to the East...
U.S. railroad operator Norfolk Southern Corp. said on Tuesday it had reached a $600 million deal to resolve a class action lawsuit related to the East...
Article / 1 month ago
Bankman-Fried sentenced to 25 years for multibillion-dollar FTX fraud
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
Article / 2 months ago
Visa, Mastercard reach $30 billion settlement over credit card fees
Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed...
Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed...
Article / 2 months ago
Former insurance commissioner pleads guilty in health fraud case
Former Georgia Insurance Commissioner John W. Oxendine on Friday pleaded guilty to conspiracy to commit health care fraud and agreed to pay $699,864 in restitution to health insurers in...
Former Georgia Insurance Commissioner John W. Oxendine on Friday pleaded guilty to conspiracy to commit health care fraud and agreed to pay $699,864 in restitution to health insurers in...
Article / 2 months ago
Chubb unit must cover SXSW class-action defense, settlement
The 5th Circuit U.S. Court of Appeals Thursday reversed a Chubb Ltd. unit's win against SXSW LLC over the defense and coverage of a more than $1 million settlement to resolve a class...
The 5th Circuit U.S. Court of Appeals Thursday reversed a Chubb Ltd. unit's win against SXSW LLC over the defense and coverage of a more than $1 million settlement to resolve a class...
Article / 2 months ago
