Insurance Blog

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Securities class action suits increase 20% in 2019

POSTED: Thu, 20 Feb 2020 14:28:00

A record 268 securities class actions were filed in 2019, a 20% increase from 2018, and policyholders can expect high directors and officers liability insurance premium costs to continue, said Woodruff Sawyer & Co. in a report issued Wednesday.... Read Article

Positive marijuana test precludes worker from receiving comp

POSTED: Thu, 20 Feb 2020 14:20:00

A worker whose thumb and finger were crushed in a workplace accident is not entitled to workers compensation because he tested positive for marijuana and opioids.... Read Article

VW to resume talks over German class action on emissions

POSTED: Thu, 20 Feb 2020 14:12:00

(Reuters) — Volkswagen AG and the German consumer protection organization have agreed to resume talks aimed at reaching a deal in a class action lawsuit over the carmaker's rigging of diesel emissions tests.... Read Article

Boeing, victims' lawyers negotiate over access to MAX documents

POSTED: Thu, 20 Feb 2020 13:55:00

(Reuters) — Boeing Co. and lawyers representing families of victims of a 737 MAX crash agreed in court on Wednesday to hold a conference call with U.S. government crash probe authorities over access to documents related to the now-grounded aircraft's design, deve... Read Article

Appeals court rules insurer may have to defend attorney

POSTED: Thu, 20 Feb 2020 13:54:00

A federal appeals court has overturned a lower court ruling and held an insurer may have had a duty to defend an attorney sued in connection with a scam under terms of her malpractice claims-made policy.... Read Article

UK blames Russia for cyberattacks on Georgia

POSTED: Thu, 20 Feb 2020 13:45:00

(Reuters) — Britain blamed Russia on Thursday for cyberattacks on Georgia, including a major assault that knocked out thousands of state, private and media websites last year.... Read Article

Connecticut bill would expand PTSD presumption

POSTED: Thu, 20 Feb 2020 13:11:00

A bill introduced in the Connecticut legislature Thursday proposes to expand the reach of the state’s first responder post-traumatic stress disorder presumption law. ... Read Article

Willis Towers Watson considering next steps for brokerage Miller

POSTED: Thu, 20 Feb 2020 13:02:00

Willis Towers Watson PLC on Thursday said it is reviewing strategic options for its London-based wholesale business Miller Insurance Services LLP, the brokerage it acquired just over three years ago.... Read Article

Bill to expand infectious disease coverage to prison officers advances

POSTED: Thu, 20 Feb 2020 12:46:00

Virginia lawmakers on Wednesday advanced to Gov. Ralph Northam a bill that would expand workers compensation coverage for hepatitis, meningococcal meningitis, tuberculosis and HIV disease and death to correctional officers and those working in enforcement at the De... Read Article

Nexus Group launches U.S. financial lines division

POSTED: Thu, 20 Feb 2020 11:41:00

Nexus Group has launched a financial lines division in the U.S., under its newly formed entity Nexus Specialty Inc., the London-based managing general agent said Thursday.... Read Article

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