Claims / Legal
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...
The Latest Launches From QBE North America, Aon, Arch Insurance and More
QBE North America and Stateside Underwriting Agency will provide new products for mortgage-related professionals. Aon unveiled a service for companies struggling to comply with new EU data protection ...
Cyber Theft Strikes 20,000 Tesco Bank Accounts in UK
The banking arm of Britain's biggest retailer Tesco was scrambling on Monday to deal with an online attack over the weekend on 40,000 customers' accounts, 20,000 of which had money removed. The hack ...
The Latest Launches From Chubb, Willis Towers Watson and XL Catlin
Chubb has expanded its business owner's policy to the technology industry and added specialized features. Willis Towers Watson launched an insurance product designed to protect financial institutions ...
Amazon Contractors Sue Retail Giant for Overtime Pay
Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked ...
A Handful of Wall Street Execs Still Avoid Using Emails or Texts
In an age when most bankers use keyboards to communicate with each other, a small group of the Wall Street elite refuses to say anything substantive in an email, text or chat, and some will not ...
SCOTUS Skeptical About Tossing State Farm Hurricane Fraud Jury Verdict
The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by ...