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Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court

Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court

A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss” does not restrict coverage to cash payments or monetary amounts. The rulings came in a […]

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Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024

Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024

Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138 million (US$181.6 million) more than in 2023, according to the Association of British Insurers (ABI). Malware and ransomware alone accounted for 51% of all claims, up from a total of 32% of all claims in

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Tariff-Paying Firms Line Up in Court to Get Paid If Trump Loses

Tariff-Paying Firms Line Up in Court to Get Paid If Trump Loses

As a US Supreme Court showdown over President Donald Trump’s global tariffs begins, yet another lawsuit contesting his trade policies hit the docket. The timing was unusual, since it’s unlikely a judge would do anything until after the high court rules. But a lawyer in the case said there’s a reason he brought it now,

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