Claims / Legal
PCI Adds 3 to Washington Lobbying Operations
The Property Casualty Insurers Association of America (PCI) said it has added three new hires. Tom Glassic will join the association as vice president, policy and government relations; Nicole Austin ...
January Cold, Snow in U.S. to Cost Insurers $1.6 Billion: Aon
The various winter storms that brought snow and bitter cold to the United States in January took more than 50 lives and are expected to result in direct economic losses of about $3.5 billion and ...
Florida Insurance Fraud Ring Staged Home Floods, Fires
A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities ...
AIG Ex-CEO Greenberg Loses Bid to Remove Judge From New York AG Case
Maurice "Hank" Greenberg, the former chairman of American International Group Inc., lost his bid to remove a judge from a lawsuit brought in 2005 by the New York state attorney general accusing him ...
FOREX Market Lawsuits Mount
As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world's biggest banks are piling up, exposing the banks to potentially billions of ...
Cameron Elliot: U.S. SEC Judge Who Took on ‘Big Four’ Accounting Firms Making Waves
Cameron Elliot, the U.S. administrative judge who recently delivered a stunning rebuke to the global "Big Four" accounting firms, has a reputation for not shying away from big cases. When he was a ...
U.S. Could Require ‘Talking’ Cars By 2017
U.S. regulators are crafting a rule that would require all new vehicles to be able to "talk" to one another using wireless technology, which the Department of Transportation said would significantly ...
‘ChewBacca’ Attacks Hit Retailers in 11 Countries, Report Says
A cyber criminal ring targeting small retailers in 11 countries stole data on 49,000 payment cards using a malicious software known as "ChewBacca" before the operation was shut down, according to a ...