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"This isn't just an insurance problem. General counsel need to understand that ultimately this is all going to come back as costs to their companies."
The investigation determined that the unauthorized access may have occurred as early as Aug. 25, 2010.
Burford Capital finds that financial executives at the largest companies are especially open to third-party litigation funding.
The insurer announcement on Monday that it will stop underwriting the construction or operation of new coal-fired plants to combat climate change.
The Archdiocese of New York filed a lawsuit against its various insurers after one company said it will not cover claims brought through a new law enacted this year.
With peak-hurricane season approaching, commercial property owners need to understand their water damage risk.
From canceled flights to poor customer service, these international airlines have room to improve.
The increase in these claims requires companies to conduct thorough and impartial investigations.
The industry experienced a 5.3% increase in written premiums last year, says a recent report from the NAIC.
Jung leaves after 26 years at Allianz. She served as a member of the board for eight years.