Claims / Legal
Erie Indemnity Names Former Judge McLaughlin As EVP, Secretary, General Counsel
On Friday, Erie Indemnity Co. announced that the company has named the Honorable Sean J. McLaughlin as executive vice president, secretary and general counsel for the company and the affiliated ...
Allstate’s Mortgage Securities Suit Against Goldman Sachs Discontinued
Allstate Corp.'s 2011 lawsuit against Goldman Sachs Group Inc. over the alleged fraudulent sale of residential mortgage-backed securities has been discontinued, court records show. The insurer sued ...U.S. Lawmakers Want Perjury Probe For Corzine
A group of Republican lawmakers called on Friday for a criminal investigation of Jon Corzine, the head of failed futures broker MF Global, saying he may have committed perjury when speaking before ...
‘Fabulous Fab’ Verdict Is Vindication For SEC Lawyer
As the head of litigation for the U.S. Securities and Exchange Commission, Matthew Martens' main job is to oversee other lawyers. In his three years at the agency, he had not tried a case himself. ...
QBE Begins Payouts for Spain Train Victims
Australian insurance group QBE said on Thursday it had set aside 2.75 million euros ($3.64 million) for the immediate needs of those affected by last week's train crash in Galicia in northwest Spain, ...
Judge Dismisses Lawsuit by 11 States and Texas Bank Against Dodd-Frank
A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law's financial regulation overhaul was dismissed by a federal judge. U.S. District Judge Ellen Segal Huvelle in Washington Thursday ...
Workers Compensation Market: Challenges Remain Despite Recent Improvements
The market for workers compensation insurance is in a recovery phase of the underwriting cycle after several years of poor results. In particular, premium rates continued to increase meaningfully ...
Corporate Risk Consultants Uneasy After China’s Detention of Investigators
The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into pharmaceutical giant GlaxoSmithKline has had a chilling effect on ...