Litigation funding, AI, social media addiction claims, hotel trafficking verdicts and construction fraud: five US casualty trends pushing up claim severity, and what they mean for reinsurers.
Cyber incidents in industrial control systems can cause physical damage, safety issues and long business interruption, with losses falling across property, energy, marine and cyber lines.
Most AI losses will arise under existing casualty, PI, cyber and D&O policies. Agentic systems, uncertain wordings and aggregation are where the real change lies.
Seven leading English and Commonwealth authorities behind utmost good faith, insurable interest, contribution, subrogation, indemnity and proximate cause, with what each one means for claims handling today.
The UK Supreme Court held that a charterer-funded war risks insurance regime did not stop the shipowner recovering general average, including ransom, from cargo interests.
The 1916 New York decision that removed privity as a bar to negligence claims against manufacturers, and why it still frames product liability exposure.