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Jan 10 2025 // American International Group (AIG) said Christopher Flatt, currently head of AIG North America alternative channels, has been named global chief underwriting officer, effective immediately.Flatt also held the the position...
Jan 10 2025 // If insurance carriers want to have dibs on a company’s assets as premium security or collateral, they had better specify that those assets include potential tort-claim settlements, a federal appeals court said...
Jan 8 2025 // Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris.Gerald L. Maatman, partner at the firm and co-author of...
Jan 6 2025 // The Institutes and Sean Kevelighan, chief executive of the Insurance Information Institute, deny the allegations of discrimination and retaliation from former employee Michael Barry.According to a filing in U.S. District...
Dec 30 2024 // Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.“It’s truly become an arms...
Dec 30 2024 // Atos SE said a ransomware group called Space Bears claimed on Saturday to have compromised an Atos database.The French technology company, whose activities include cybersecurity as well as cloud and high-performance...
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