Claims / Legal
Group Health Plans Pick Up Tab for ‘Zero Cost’ Workers’ Compensation Claims: Study
Workers' compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance plans, new research shows. Nationwide, so-called "zero-cost" ...
Q&A: Liability Insurance and Admitting Wrongdoing in SEC Settlements
Earlier this year, the U.S. Securities and Exchange Commission reached a settlement with New York-based hedge fund adviser Philip A. Falcone and his advisory firm Harbinger Capital Partners. The ...
U.S. Extends Permits for Wind Farms That Accidentally Kill Eagles
The Obama administration on Friday extended the length of permits that allow wind farms and other operations to accidentally kill protected eagles to 30 years, drawing fire from wildlife ...
LA Sues Citi, Wells Fargo Over Discriminatory Mortgage Lending
The city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo, seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city's minority communities, a ...
Tornado Economic Cost Tops $1B from Rare November Storms, Aon Says
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance ...
SEC’s Gallagher Seeks Public Company Disclosure Reforms
A top U.S. securities regulator on Friday called for reforms to streamline the disclosures that public companies are required to file, saying he is concerned that some company filings may not ...BP ADS Investors Lose Bid for Class Status in Gulf Spill Case
A U.S. federal judge has refused to allow investors to proceed as a group in a lawsuit accusing BP Plc of fraud by misleading them—before and after the 2010 Gulf of Mexico oil spill— about the ...
Supreme Court to Rule on When Software Merits Patent Protection
The U.S. Supreme Court agreed on Friday to rule on the divisive issue of what kinds of software are eligible for patent protection in a case being closely watched by the technology industry. The ...