Claims / Legal
Judge Clears PIMCO to Sue AIG Over Subprime Mortgage Losses
A federal judge on Monday cleared the way for Pacific Investment Management Co to pursue a California lawsuit accusing American International Group Inc of causing big losses by lying about its ...
Federal Appeals Court Upholds NFL’s $765M Concussion Settlement
The National Football League's $765 million concussion settlement may not be perfect, but it's fair, a federal appeals court said. The decision sets in motion the resolution of thousands of lawsuits ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
XL Catlin Exec Joins UN Effort to Bring Insurance Concepts Into Global Disaster Planning
XL Catlin Executive Deputy Chairman Stephen Catlin is among the business and political leaders spearheading a global effort to make insurance more sustainable in the face of growing climate risks and ...
Tip for Auto Insurers: Personality Traits Linked to Distracted Driving Behavior
Extraverted older adults and conscientious, curious teens may be more likely to engage in risky driving behavior, while agreeable teens are less likely to drive distracted, according to new research ...
Obama Administration Unveils New Offshore Oil Well Safety Rules
The Obama administration last Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's ...
Japan Earthquakes Leave Rising Death Toll, Economic Impact in Their Wake
The death toll from earthquakes that struck southern Japan rose to 42 and the economic impact began to reverberate Monday as companies surveyed damage and the potential effects on production from ...
Chubb Ranks Best in D&O Loss Ratio But Still Trails AIG in Premiums
The Chubb Corporation continued to report the best direct loss ratio for U.S. directors and officers liability insurance last year, according to a report released by Fitch Ratings last week. But ...
Death Toll in Massive Ecuador Quake Rises to 233
The death toll from a 7.8-magnitude earthquake in Ecuador has risen to 233, President Rafael Correa said a day after the quake on the South American country's northwest coast, one of the strongest in ...