Law and legal issues

Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations.

Hurricane Ian damages under investigation in Florida bring attention to ways to protect adjuster reporting

The reinsurer will exit the Net-Zero Insurance Alliance, which is a sub-unit of the Glasgow Financial Alliance for Net Zero, it said on Friday.

The title insurer was the third of the big four companies to come to an agreement with New York Attorney General Letitia James in an ongoing investigation.

Fidelity National Financial Inc., the biggest US title insurer, illegally colluded with competitors by agreeing to not solicit, recruit or hire each other's employees, the New York attorney general said.

Wells Fargo will pay $300 million to settle a lawsuit claiming it improperly charged customers for unneeded auto-collision protection insurance — and hid the practice from investors.

Risk mitigation service prevents costly litigation.

The company filed for Chapter 11 bankruptcy in Fort Lauderdale on Sunday, court papers show.

A Boston federal judge said Wednesday school administrators waited too long to notify Zurich American Insurance Co.

Carlyle Aviation leased 23 planes to Russian airlines, including Izhavia and NordStar, and tried to repossess and relocate the aircraft as soon as Russia's invasion of Ukraine began on Feb. 24, the company said.

The report from Australian mining tycoon Andrew Forrest's nonprofit Minderoo Foundation is the first time lawyers and data analysts have modeled how the cost of plastic-related pollution translates into the likely compensation payouts.

Nonprofits are experiencing higher costs and greater restrictions on coverage.

The companies are the latest mortgage businesses to face class action complaints from consumers impacted by the cyberattacks.

A special session convened earlier this week to stabilize the state’s struggling homeowners’ insurance industry.

Insurers protecting Florida’s homeowners are going under and it’s not the state’s storms dragging the firms down -- it’s a deluge of lawsuits and fraud.

After reviewing the claims data from 2019 to 2021, Embroker uncovered some interesting trends and shifts that can help insurers predict the types of claims that businesses will most likely continue to see in 2022.

Digital Insurance spoke with Steve Prymas, the chief insurance officer of Embroker, a digital insurance platform, about new products, cybersecurity and digital transformation within the industry.

The most common reason why business executives didn’t purchase executive risk coverages, like D&O, EPL and Fiduciary Liability, was that they didn’t believe the company was big enough to need it, according to a recent study from Coalition, a commercial insurtech.

Using the right advanced technologies, litigation analytics can give you insights into legal cases and trends that were previously unknowable to provide better legal advice, develop better litigation strategies and win more cases.

Federal Insurance Co. sold Paramount an insurance package that was supposed to cover more than $100 million in losses if cast members aren’t able to take part in the production, resulting in delays or interruptions, according to the complaint filed in Los Angeles federal court Monday.