Applying Illinois law, the U.S. District Court for the Northern District of Illinois has held that a D&O policy’s professional services and contract exclusions do not bar coverage for lawsuits seeking damages for fees and expenses paid to the insured in connection with a cancelled trade show.

A new report by renewable energy underwriter GCube Insurance argues that corrective action is needed within the offshore wind sector to incentivise quality control processes and accountability for financial losses.

A $7.6 million event cancellation insurance payout due to the COVID-19 pandemic helped offset the Risk and Insurance Management Society Inc.’s loss of revenue in 2020.

Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in the work-from-home environment, and hack into companies’ systems, encrypt their data, and then demand multimillion-dollar ransoms.

With the continuing pandemic, insurance market conditions are ripe for a surge in agent/broker errors and omissions (E&O) claims.

Amid rising losses and increasing claims on cyber insurance, companies that provide insurance against online hackers are facing growing risks, says Fitch Ratings.

A twin-engine plane that killed at least two people and left a swath of destruction in a San Diego suburb nose-dived into the ground after repeated warnings that it was flying dangerously low, according to a recording.

A proposed class-action lawsuit has been filed against the companies who run the oil line that dumped hundreds of thousands of crude oil off the coast of California over the weekend.

Federal investigators are seeking the cause of an Amtrak train derailment near a switch on tracks in the middle of vast farmland in far northern Montana that killed three people and left seven hospitalized over the weekend.

Crawford & Company, the world’s largest publicly listed independent provider of claims management and outsourcing services to carriers, brokers and corporations, has announced that Marie Velez, vice president of finance at Crawford & Company in Latin America, has been named Woman of the Year at the Stevie International Business Awards.

Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has released its 2021 M&A claims briefing, based on the company’s analysis of its own M&A insurance claims for the past decade.

As cyberattacks, namely ransomware, increase nationwide, there’s one reason for the rise in attacks that we cannot ignore: The growing prevalence of cryptocurrency.

The U.S. Coast Guard said on Monday it was investigating nearly 350 reports of oil spills in and along the U.S. Gulf of Mexico in the wake of Hurricane Ida.

Det. Brittney Hilton had no idea she had just been shot. All she said she felt at first was an incredible amount of pain, and a ‘very sick feeling.’

As part of its ongoing data breach investigation, T-Mobile has confirmed the enormity of the stolen information. Roughly 47.8 million current and former or prospective customers have been affected by the cyberattack on its systems, the carrier confirmed on Wednesday.