Student Sues Apple for $1 Billion, Blames Face-Recognition Tech for False Arrest April 23, 2019 By Andrew G. Simpson Apple is being sued for $1 billion in damages by an 18-year-old college student who blames the company’s facial recognition...
Markel Internal Review Finds ‘No Bad Faith’ Related to Loss Reserves Under Investigation April 15, 2019 By Andrew G. Simpson Markel Corp. said that an internal review conducted by outside counsel found “no evidence that personnel of its CATCo unit...
Why Uber ‘Depends Heavily’ on Insurance April 15, 2019 By Andrew G. Simpson Uber Technologies Inc., on its way to an initial public offering that some media reports say could raise $10 billion,...
Gun Maker Remington to Appeal Connecticut’s Sandy Hook Ruling to Supreme Court April 10, 2019 By Andrew G. Simpson Having failed in Connecticut state court to block all claims brought by families of children killed in the Sandy Hook...
AIG Offers to Settle 7 Defamation Claims Against Cosby; Comedian Asserts Innocence April 8, 2019 By Andrew G. Simpson American International Group, acting under a homeowner’s insurance policy it issued for comedian Bill Cosby, has settled defamation claims filed...
Microsoft Insurer Loses Bid To Recoup $175M from Xbox Chipmaker Hit by Fire April 4, 2019 By Andrew G. Simpson Microsoft Corp.’s captive insurer has lost its bid to recover $175 million in costs the software maker said it incurred...
A Mix of Flood Insurance Reforms April 1, 2019 By Andrew G. Simpson Conservation, CarFax-Like Disclosure, Means-Test for Rates Up for Discussion The federal flood insurance program has a knack for inspiring ideas...
House Committee Passes Bill to Protect Banks, Insurers Serving Marijuana Businesses March 29, 2019 By Andrew G. Simpson A House committee has advanced a bill to protect financial institutions from criminal prosecution for providing services to legal marijuana...
Marsh Partners with Insurers on Program to Help Firms Pick Best Cybersecurity Products March 27, 2019 By Andrew G. Simpson What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity...
This Corn Syrup Ad Lawsuit from MillerCoors Is For You, Bud Light March 25, 2019 By Andrew G. Simpson MillerCoors, maker of Miller Lite and Coors Lite beers, has sued Anheuser-Busch InBev, maker of Bud Light, claiming that Bud...