Claims / Legal
Liberty Mutual: Overexertion and Falls Add the Most to U.S. Workers Comp Costs
Overexertion and falls account for more than $25 billion in workers compensation costs in the U.S., according to Liberty Mutual Research Institute for Safety's 2014 Workplace Safety Index. In its ...
Pimco Shareholder Lawsuit Alleges Excessive Fees Boosted Exec Bonuses
Pacific Investment Management Co. will fight a lawsuit by a shareholder of its Pimco Total Return Fund alleging the company gouges investors with excessive advisory fees to support billion-dollar ...
Flight Attendants Allege Security Concerns Prompted Firing
A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong-bound plane last July that had a "threatening" message scrawled under its tail ...
Asbestos Losses Poised to Rise as Litigation Strategy Evolves
U.S. property/casualty net asbestos losses are holding steady at $85 million. But that number could change in the future due to some big-time litigation variables, A.M. Best said in a new special ...
Sony CEO: Insurance Will Completely Cover Cyber Attack Costs
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyber attack he likens to having your house robbed and burned to the ground. But the devastating hack, he ...
Environmental Groups Sue EPA for Fracking Data
A coalition of advocacy groups sued the U.S. Environmental Protection Agency seeking access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or ...
Insurers Hope to Identify AirAsia Crash Beneficiaries by Month’s End
Insurers have begun processing claims in the crash of an IndonesiaAirAsia aircraft last month and hope to identify the beneficiaries by the end of January, an official from Indonesia's financial ...
Australia Declares a Catastrophe as Wildfires Spread
Crews in South Australia are battling to stabilize wildfires and protect homes as a hot weather forecast in coming days threatens to fan the flames. Firefighters used planes from neighboring Victoria ...