The current shift in climate litigation and ESG regulation means that corporates and D&Os face mounting r...
Chubb's Greenberg calls for prolonged tort reform campaign
Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflation,” Evan Greenberg, chairman and CEO of Chubb Ltd....
Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflation,” Evan Greenberg, chairman and CEO of Chubb Ltd....
Article / 1 day ago
Companies must fight fire with fire to combat nuclear verdicts: Expert
The best way for companies to defend against the threat of a nuclear verdict is to break away from the idea of not discussing damages in front of...
The best way for companies to defend against the threat of a nuclear verdict is to break away from the idea of not discussing damages in front of...
Article / 2 days ago
The 10 Major Risks Shaping Insurance Today
I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks in order of importance...
I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks in order of importance...
Article / 3 days ago
Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO
Long-run loss cost trends in the US are at 6.5% as a result. CNA Financial CEO Dino Robusto said that over the past five years, social...
Long-run loss cost trends in the US are at 6.5% as a result. CNA Financial CEO Dino Robusto said that over the past five years, social...
Article / 3 days ago
How Big IP Judgment Winners Are Insuring 'Nuclear Verdicts' - Law360
Until a few years ago, intellectual property plaintiffs who scored large monetary awards — often referred to as "nuclear verdicts" — had to wait out a lengthy appellate process before knowing how much money they would end up with
Until a few years ago, intellectual property plaintiffs who scored large monetary awards — often referred to as "nuclear verdicts" — had to wait out a lengthy appellate process before knowing how much money they would end up with
law360.com /
Article / 4 days ago
General liability rates could climb as third-party litigation funding grows outside of US
The funding practice has led to a dramatic increase in claims amount, which in turn pushes up rates....
The funding practice has led to a dramatic increase in claims amount, which in turn pushes up rates....
Article / 4 days ago
Navigating the Aftermath: The MV Dali Bridge Collision
The incident appears to have been related to an electrical power failure on the vessel...
The incident appears to have been related to an electrical power failure on the vessel...
Article / 6 days ago
Social inflation will drive P&C (re)insurers to raise prices
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
PR / 8 days ago
Oil Pollution Act market retreats over stance of US Coast Guard
A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
Article / 8 days ago
Number of US jury awards over $10mn hits 89 in 2023
Verdicts awarding more than $100mn hit a new high of 27 last year, study finds....
Verdicts awarding more than $100mn hit a new high of 27 last year, study finds....
Article / 8 days ago
