Legal
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Any insurance claim stemming from the fraud allegations faced by UK banking giant Barclays would probably fall to the London directors' and officers' (D&O) market, The Insurance Insider understands.
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Several Lloyd's and US (re)insurers have launched a $49mn legal action against Norwegian weather data provider StormGeo alleging defective read-outs from its system contributed to the sinking of the El Faro in 2015, according to court documents.
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Anthem has agreed to a $115mn settlement of a class action lawsuit relating to the 2015 cyber attack that saw almost 80 million people have their records stolen from the US health insurer.
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Critics of Congress may scarcely have noticed the significant step forward lawmakers took in reforming and preserving the National Flood Insurance Program (NFIP) this week
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Neon-owned cyber venture Tarian has recruited Heather Marsden as legal officer and Dan Wall as assistant underwriter as the start-up continues to build out its team
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The change to the UK's discount rate for personal injury compensation is to cost the (re)insurance industry £3.5bn ($4.5bn), according to a report from consultants EY
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Chinese authorities have prevented Wu Xiaohui, head of acquisitive insurer Anbang, from leaving the country, the Financial Times reported today
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For the first few months of the year there had been much talk of change in Florida