Claims / Legal
Endo Forks Over $400M to Resolve Vaginal Mesh Implant Liability Suits
Endo International Plc agreed to pay more than $400 million to resolve lawsuits alleging its vaginal- mesh implants eroded in some women and left them in pain, people familiar with the settlement ...Fed Testified it Resisted Giving AIG $85B Bailout Loan
The Federal Reserve Board of Governors didn't want to bail out American International Group Inc. with an $85 billion loan, preferring that the insurer find a savior in the private marketplace, the ...
Europol Pushes For Data Law Changes to Battle Cybercrime
Law enforcers in Europe need greater powers to retain data for longer in order to catch cybercriminals selling discrete services that police cannot trace under existing regulations, according to a ...
Nearly 2,000 U.S. Flights Disrupted by Disgruntled Worker Setting a Fire
A fire that police said was started by a contractor at a Chicago area air-traffic center grounded about 1,800 flights across the U.S., disrupting major routes run by Southwest Airlines Co., American ...
New ‘Shellshock’ Computer Bug Already Drawing Hacker Attention
Hackers have begun exploiting the newly identified "Shellshock" computer bug, using fast-moving worm viruses to scan for vulnerable systems and then infect them, researchers warned on Thursday. ...
NAMIC Conference: Gen Re’s Kingdollar Sounds Alarm About Emerging Risks
Cyber attacks, nanotechnology, 3D printing, and natural gas drilling aren't necessarily on the minds of your typical property/casualty mutual insurer. But Charlie Kingdollar said that these and many ...
ACE Private Risk Services Makes Key Executive Appointments
ACE Group's high-net-worth personal lines insurance business, ACE Private Risk Services, has named Clyde Douglas as senior vice president of Claims and Eileen Castolene as vice president of ...
Nursing Home Trial Challenges Liability Transfers to Shell Companies
Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured ...