Industry News
Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number or companies that have paid out more than $1 billion in losses from the catastrophe. The company revealed the losses …
Via: Claims Journal
A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it highlights what one attorney said is a widespread problem in the construction industry: an alleged “bait and switch” by insurers …
Via: Claims Journal
A cyberattack that brought down Elon Musk’s X targeted servers that were insufficiently protected from malicious traffic, according to cybersecurity analysts. Users of the social media platform faced intermittent outages through Monday, which Musk blamed on a “large, coordinated group” …
Via: Claims Journal