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The Amazon, Berkshire Hathaway, JPMorgan Chase health care venture is hitting a rocky start with allegations of stealing trade secrets.
Uber’s liability in a self-driving car accident decided; IHOP sexual harassment claims settled; cryptocurrency company faces regulation; and work rumors come under scrutiny.
GDPR laws on privacy allow for fines of up to 4 percent of global revenue for data breaches, which could cost Facebook $2.2 billion and Google $5.4 billion.
The court was tasked with deciding whether a general liability or an auto liability policy would cover an underlying milk contamination suit.
N.Y. regulators have subpoenaed Aon, seeking all materials related to insurance placements for Trump and the Trump Organization.
Michael Cohen’s testimony before Congress included an accusation that Trump inflated assets to insurers. But it’s unclear whether such misstatements constitute insurance fraud.
While driving a rented U-Haul, a customer hit another vehicle. U-Haul’s claims handler received a signed statement admitting fraud upon review.
A little gray squirrel scampered onto the equipment of an electrical substation and caused an electric arc worth $200,000 in damages. But the insurance policy did not cover such an event.
Fleet operators will want to examine their policies and procedures ahead of any employment practices claims.
An oil refinery filed a complaint against its power supplier due to it being “unreliable” and “subject to intermittent and unexpected disruptions.”
A program analyst for the FBI sued her employer for not offering a reasonable accommodation as part of her return to work plan.
A data hosting company transferred a health network’s electronic medical records, but soon a patient fell ill. The health network filed a third-party claim against the data hosting company.
A handful of EU countries have enacted laws protecting workers’ right to disconnect after hours, but vague language could create unintended consequences.
When a former employee tries to gain coverage under his former employer, the insurer denies coverage.
When a worker’s TTD benefits ran out and he still wasn’t cleared for work, the worker filed for PTD benefits.
After an impostor is able to steal from a company, is the insurance company responsible for lost revenue under a computer fraud clause?
PG&E filed for bankruptcy protection, a step the company says was its “only viable option” now that it faces billions of dollars in wildfire liabilities.
Laws governing sales and consumption of cannabis are a patchwork. This creates substantial legal liability exposures for growers and sellers.
During the government shutdown, the news focused on the 800,000 furloughed workers who went without pay for over a month — and justifiably so. But in the background, another group of workers suffered.
The regulatory landscape is changing. Insurance companies need to be on top of these key trends if they want to continue to build successful risk strategies.
Insurers and insureds square off in court on policy disputes involving legacy liability for asbestos claims.