Claims / Legal
As New York City Comptroller, ‘Sheriff of Wall Street’ Spitzer Would Face Limits
Eliot Spitzer promises that if he gets elected New York City comptroller, he'll reimagine the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially ...
Bernanke Should Testify in Greenberg Case Against Bailout: Judge
A U.S. judge said Federal Reserve Chairman Ben Bernanke should be required to testify in the lawsuit by the former chief of American International Group Inc., Maurice "Hank" Greenberg, against the ...
Allianz, QBE to Face Most Claims from Spain Train Derailment
Germany's Allianz and Australian group QBE bear the bulk of the insurance liability from this week's fatal train crash in northwest Spain, according to sources at the companies. While Allianz's ...
Greenberg Again Moves to End New York AG’s Lawsuit Against Him
Former American International Group Inc. Chief Executive Officer Maurice "Hank" Greenberg said he's filed another request to dismiss an eight-year-old fraud lawsuit brought by the New York Attorney ...
How to Avoid Potentially Violent Situations During Claims Investigations
Working in unfamiliar locations on stressful losses, usually alone, adjusters in the field can be at a disadvantage when it comes to knowing if a situation with a policyholder or claimant could turn ...
Halliburton Pleads Guilty to Destroying Gulf Oil Spill Evidence
Halliburton Co. has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday. The government said Halliburton's ...
Berkshire Hathaway Reinsurance for Ireland’s Health Claims May Save Taxpayers
Warren Buffett's Berkshire Hathaway Inc. will reinsure about 700 million euros ($923 million) in claims for Ireland's state health insurer, which is seeking to stem losses and its burden on taxpayers ...New York Widens Probe Into Insurers’ Compliance with Iran Sanctions
Zurich Insurance Group AG is among companies being questioned by New York's insurance regulator in a widening investigation into compliance with a law imposing sanctions against Iran, a person ...