Claims / Legal
Analysis: Big Business The Winner In U.S. Supreme Court Class Action Cases
In a series of rulings this year, the U.S. Supreme Court has steered a consistent course against consumers or small businesses that want to bring class action lawsuits against corporate defendants. ...
Losses Loom For Investors Enmeshed In U.S. Mortgage Chaos
Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
U.S. Justices Clamp Down On Class Actions In AMEX Case
The U.S. Supreme Court delivered its latest blow to class action lawsuits on Thursday when it enforced an arbitration agreement that prevents merchants from banding together to make antitrust claims ...
ACE Publishes Decade’s Worth Of Large Losses By Industry, Limits Data
ACE Bermuda released its "2013 Liability Limit Benchmarks and Large Loss Profile Report" this week, an annual compilation of some of the largest third-party liability losses occurring over the last ...
Will Solar Panels Fuel New Wave Of Construction Defect Litigation?
The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector's rapid growth has led to an oversupply of solar panels, which has turned up the heat on ...
Increased Litigation Driving Up Lawyer Hiring: Robert Half Survey
A surge in litigation-related work is driving up hiring at U.S. law firms, according to a recent report. According to survey of 200 lawyers at some of the largest law firms and corporations in the ...
SEC Settlement Policy May Pressure Other Agencies To Toughen Up
The decision by the U.S. Securities and Exchange Commission to seek admissions of wrongdoing in select enforcement cases is expected to put pressure on other federal financial regulators to get ...
West Africa Piracy Surge Costs Global Economy Nearly $1B; Insurance Costs Rise
Pirate attacks off West Africa's mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardize the shipping of commodities from the region. The Gulf ...