Claims / Legal
Federal Trade Commission Moves Closer to Studying ‘Patent Trolls’
The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of "patent trolls" - companies in the business of buying and asserting patents - to see if they are hurting ...
SEC Chair White Vows Big Fines to Punish Wrongdoers
The head of the U.S. Securities and Exchange Commission warned that her agency will aggressively use its powers to fine wrongdoers and is seeking other creative ways to hold companies and individuals ...
Insurers Offer Discounts for High Net Worth Client Inventory, Appraisal Service
A high tech start-up is promising to give property/casualty insurance companies and brokers access to real-time data on their upscale insureds' property and possessions, making it easier for the ...
Boat Owners, Insurers Testing Waters of ‘Sharing Economy’
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there's the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly ...
SEC Turns Policy Corner with JPMorgan Guilty Admission
The U.S. Securities and Exchange Commission, in settling claims with JPMorgan Chase & Co. over its handling of a $6.2 billion trading loss, landed its biggest victory yet in fulfilling a pledge ...
PartnerRe Says German Hail Impact to Exceed $50M
PartnerRe Ltd. announced estimates of its cost for the German hailstorms that occurred in the last week of July 2013, putting the losses at between $50 million and $60 million pre-tax. The range of ...
World Trade Center Developer’s Insurance Recoupment Suit Dismissed
Real estate developer Larry Silverstein can't recoup any of the $1.2 billion recovered by World Trade Center insurers in settlements with airlines and airport security companies over the Sept. 11, ...
Concerns About Fracking Fluids Emerge in Flood-Struck Colorado
Contaminated water spilling from flooded oil and gas drilling sites in Colorado is refocusing attention on the environmental risks surrounding America's fracking boom. Floods that have devastated ...