Claims / Legal
Workers’ Compensation Results Looking Better: NCCI
The workers' compensation market is seeing encouraging signs. Premiums grew for the second consecutive year, the combined ratio declined and claim frequency continued to improve at a pace slightly ...Schwab Drops Its Class-Action Waiver Requirement… for Now
Charles Schwab Corp. has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry ...
Bottom-Line Cost May Be Too Steep For ‘Talking’ Cars’ Acceptance: U.S. Transport Chief
Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems will determine consumers' acceptance of such technology, the ...
Wide Range Of Firms Uninsured For Environmental Losses: IUA Analysis
A London market association published a research paper last week, which highlights scenarios in which non-industrial insureds face environmental losses—and are not covered for them under standard ...
D&O Pricing Catching Up To Loss Trends: Fitch
Direct written premiums for the directors and officers liability insurance line rose 6.9 percent last year, according to a recent analysis by Fitch Ratings, which also shows that direct loss ratios ...
Law Firm Kirkland Builds Leading M&A Practice On Big Hires, Deals
The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software ...
Barclays Wins Dismissal Of U.S. Shareholder Lawsuit Over LIBOR
Barclays Plc, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money ...