The group litigation against Johnson & Johnson, spearheaded by law firm KPI, may set a precedent for group action lawsuits in the UK, according to Polly Sayers, solicitor at Harrison Clark Rickerbys.

In a rare Covid-19 appeal loss for insurers, North Carolina’s supreme court has ruled that a group of restaurants are entitled to coverage for losses related to the pandemic because a reasonable policyholder could expect “direct physical loss” to property to be covered.

The Association of British Insurers (ABI) has described a new report by the Environment Agency as "sober reading" following the findings that 6.3 million properties in England are currently located in flood risk areas.

The UK government has sanctioned 20 shadow fleet ships involved in the illicit trade and distribution of sanctioned Russian oil.

Litigation finance is increasingly being used alongside insurance despite the prevailing narrative that the two industries are at loggerheads, according to David Perla, vice chair at Burford Capital.

December 6 by Luc Cohen (Reuters) – A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic that caused an estimated $7 billion of investor losses.

Utah’s insurance department has ordered three life (re)insurers owned by Advantage Capital Partners to cease writing new business by the end of the year, stating that losses on loans to companies in 777 Partners’ investment portfolio had left them in a “hazardous financial condition”.

Australian insurers have welcomed an inquiry by the Senate Select Committee into the impact of climate risk on the affordability and availability of insurance.

The Lord Chancellor announced on Monday that the personal injury discount rate in England and Wales will rise to 0.5 percent in a decision set to impact motor insurance premiums and compensation calculations for UK insurers.

The European Insurance and Occupational Pensions Authority is seeking feedback on plans to develop an awareness tool to help policyholders understand their property's exposure to natural hazards.

The “Cold War resurgence” across the geopolitical landscape has heightened both the exposure and the necessity of many insurance lines into 2025, law firm DAC Beachcroft has said in its insurance predictions for the year ahead.

The UK’s Financial Conduct Authority is “incompetent at best, dishonest at worst”, according to a report by an influential group of MPs and Lords which called for a major overhaul of the financial sector watchdog.

The Florida Office of Insurance Regulation has issued subpoenas to Weiss Ratings and its founder Martin Weiss for information related to its recent reports about the financial stability of the state’s insurance carriers.

Geico and Travelers Indemnity Company have been fined $9.75mn and $1.55mn, respectively, for lax data security practices that led to the exposure of 120,000 New Yorkers’ personal information that hackers used to file fraudulent unemployment claims in the Covid-19 pandemic.

Compulsory cyber insurance and tax relief on cyber investment have been identified as two measures that may incentivise greater cyber resilience among UK businesses, with new research by Howden showing that more than half of UK firms have faced at least one cyber attack in the past five years.