At RISKWORLD 2024, Jeff Canfield of Ascot explores the potential of AI in underwriting, Ascot’s data-driven deal selection, and their approach to underwriting specialty risks.
A key Florida Senate bill aims to shift secondary home insurance from Citizens to surplus lines carriers, stirring mixed reactions among industry professionals.
Just two days before his criminal trial started this week in federal court in New York, FTX Trading founder Sam Bankman-Fried filed suit in federal court in California against his excess insurance company seeking payment of legal costs.
Data breaches can occur anywhere in the world, but they are historically more common in specific countries. Typically, countries with high internet usage and digital services are more prone to data breaches.
Five class action lawsuits filed against MGM Resorts International and Caesars Entertainment seek to punish the casino giants for failing to protect customers in September’s cyberattacks.
The transportation industry plays a crucial role in global commerce, and it has to constantly adapt to technological advancements, economic fluctuations, shifting consumer demands, and the legal landscape.
Paramount Pictures has disclosed that it received approximately $71 million from Swiss insurer Chubb as compensation for the COVID-19 pandemic-induced delays in the production of "Mission: Impossible -- Dead Reckoning Part One."
Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday.
CLM’s upcoming Construction Conference on Wednesday, Sept. 27 will feature a brand-new location as we deliver the high-impact sessions you have come to expect on the biggest topics facing construction claims professionals.
A crane, located atop a high-rise building in Manhattan, experienced a partial collapse and caught fire over 40 stories above the ground Wednesday morning. Emergency crews were alerted to the situation when they received a call about a fire in the crane’s engine compartment at around 7:30 a.m.
In a legal battle that sheds light on crucial aspects of cyber insurance, the University of California has initiated a lawsuit against insurance companies operating in the Lloyd’s of London market.
A bipartisan proposal has been put forth by U.S. Congressmen Garret Graves, Henry Cuellar, and Mike Bost with the aim of criminalizing intentional collisions with motor carriers at the federal level. Named the Highway Accident Fairness Act of 2023, this legislation seeks to address the issue of fraudulent lawsuits, decrease car insurance rates, and enhance road safety.
The Central Pacific hurricane season has started, and this year, the Nature Conservancy has purchased $2 million in insurance coverage to protect against potential damage to the coral reefs in Hawaii.
