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Sexual Harassment and Discrimination Claims Pock the D&O Landscape

Sexual Harassment and Discrimination Claims Pock the D&O Landscape

Directors and officers face a slew of challenges on all fronts as businesses emerge from the COVID-19 crisis into a new risk environment.
May 4, 2021 Excess & Surplus Lines Liability Litigation

Cyber Insurance Claims Explode In Severity

Cyber Insurance Claims Explode In Severity

Ransomware is a dominant source of concern in the cyber insurance community today. In recent years, there has been a significant uptick in the frequency and severity of ransomware attacks, impacting businesses of all sizes and in all sectors.
April 27, 2021 Excess & Surplus Lines Technology

Four Companies Face California Trial Over Claims They Fueled Opioid Epidemic

Four Companies Face California Trial Over Claims They Fueled Opioid Epidemic

Four drugmakers are set to face trial on Monday in a lawsuit by several large counties in California that are seeking more than $50 billion over claims the companies helped fuel an opioid epidemic by deceptively marketing addictive painkillers.
April 19, 2021 Excess & Surplus Lines Liability Litigation California

Cyber Attacks On Microsoft Servers Likely To Generate Thousands Of Insurance Claims

Cyber Attacks On Microsoft Servers Likely To Generate Thousands Of Insurance Claims

Insurers are being warned of the potential for a large volume of claims following recent cyber attacks on Microsoft's email servers.
April 1, 2021 Excess & Surplus Lines Technology

How To Combat The Surge In Ransomware

How To Combat The Surge In Ransomware

The threat of a cyber-attack is far more dangerous now than it has been in the past, yet knowledge of the threat prevention systems necessary to protect oneself remain widely unknown.
March 24, 2021 Excess & Surplus Lines Technology

Nebraska Auto Repair Shop Blaze Destroys Classic Cars

Nebraska Auto Repair Shop Blaze Destroys Classic Cars

For six long hours on the night of February 20 firefighters in Auburn, Nebraska battled a blaze which destroyed at least 2 dozen cars at dealership Auburn Auto, many of them classics.
March 17, 2021 Auto Excess & Surplus Lines Liability Subrogation Nebraska

3 Dead After Small Plane Crashes In South Florida

3 Dead After Small Plane Crashes In South Florida

Two people were killed when the small plane they were in crashed in a Pembroke Pines neighborhood Monday afternoon, hitting a car as it went down and leaving the adult inside injured while a child inside later died, officials said.
March 16, 2021 Excess & Surplus Lines Florida

What Helped Save Some Sports From Financial Ruin May Not Happen Again

What Helped Save Some Sports From Financial Ruin May Not Happen Again

Event cancellation insurance is a specialized realm. But during the coronavirus pandemic, it has shored up the balance sheets of sporting events around the world.
March 1, 2021 Excess & Surplus Lines

Report Tracks Rise In Cargo Theft From Storage Facilities

Report Tracks Rise In Cargo Theft From Storage Facilities

In-transit cargo thefts decreased in 2020 while thefts from warehouses and other storage facilities grew worldwide, according to a 2020 annual cargo theft report from logistics insurance company TT Club and supply chain intelligence firm BSI, released this week.
February 26, 2021 Excess & Surplus Lines

BNSF Fuel Train Collision With Semi Creates Fireball Near Cameron, Texas

BNSF Fuel Train Collision With Semi Creates Fireball Near Cameron, Texas

There were no injures reported after an 18-wheeler hit the side of a train carrying liquid petroleum Tuesday morning in Milam County, causing a huge explosion.
February 24, 2021 Excess & Surplus Lines Texas

Texas Mother Whose Son Died In Freeze Sues Power Companies For $100M

Texas Mother Whose Son Died In Freeze Sues Power Companies For $100M

The mother of an 11-year-old boy who died after they lost electricity and heat in their Texas mobile home during last week’s freeze has filed a $100 million lawsuit against two power companies for gross negligence.
February 22, 2021 Excess & Surplus Lines Litigation Texas

Texas’ Energy Pride Goes Out With Cold

Texas’ Energy Pride Goes Out With Cold

Anger over Texas' power grid failing in the face of a record winter freeze mounted Tuesday as millions of residents in the energy capital of the U.S. remained shivering with no assurances that their electricity and heat - out for 36 hours or longer in many homes - would return soon or stay on once it finally does.
February 17, 2021 Excess & Surplus Lines Property Subrogation Texas

Oregon Utilities Work To Restore Power After Ice Storm Damage

Oregon Utilities Work To Restore Power After Ice Storm Damage

While much of the snow and ice from last weekend's winter storm has melted, hundreds of thousands of Oregonians are still without power, heat, internet and other services.
February 17, 2021 Excess & Surplus Lines Property Oregon

SolarWinds Trojan Hack Estimated To Cost Cyber Insurers $90M

SolarWinds Trojan Hack Estimated To Cost Cyber Insurers $90M

A recent worldwide hacking incident - one that even managed to compromise government systems - will likely cost cyber insurers $90 million for incident response and forensic services, experts project.
January 15, 2021 Excess & Surplus Lines

Deepfake Tech Could Be Major Threat

Deepfake Tech Could Be Major Threat

The use of deepfake video and audio technologies could evolve into a major cyber threat to businesses within the next two years, according to cyber analytics specialist CyberCube.
January 8, 2021 Excess & Surplus Lines Technology
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