Claims / Legal
BofA CEO Moynihan, Ex-CEO Lewis Face Mortgage Disclosures Lawsuit
A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp. Chief Executive Brian Moynihan, his predecessor Kenneth Lewis, and others of misleading shareholders about the ...
Supreme Court Limits U.S. Courts’ Jurisdiction in Foreign Human Rights Cases
In a closely watched ruling that left questions unanswered, the U.S. Supreme Court said on Wednesday that federal courts do not have jurisdiction to hear lawsuits against foreign corporations accused ...
Florida Workers’ Compensation Ruling’s Pricetag: $65 Million
A Florida court's ruling that the state's 104-week limit on injured workers' temporary benefits is unconstitutional could increase costs by $65 million, says the workers' compensation industry's ...
What to Expect In Commercial Insurance Claims, Prices for Remainder of 2013: Willis
Although a recent broker report on property/casualty pricing expectations puts some commercial casualty hikes into double-digit territory this year, the overall message of Willis' 2013 Marketplace ...
Fracking Growth Too Fast For Regulators In California: Report
A new report on hydraulic fracturing ("fracking") in California warns of the risks of irreversible contamination of surface and groundwater near oil drilling sites, unless the technique is carefully ...U.S. Revives Probe Of Media’s Handling Of Economic Data
U.S. law enforcement officials have reversed a decision to wind down an investigation into how news agencies handle the release of economic data to investors, concerned some sensitive information may ...
Above-Average Hurricane Season Predicted: 72% Chance Of East Coast Landfall
The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 percent chance one will make landfall somewhere along the entire ...Fed Probes Early Release Of Minutes, Appears Accidental
The Federal Reserve launched an investigation on Wednesday into the U.S. central bank's worst security lapse in years, but said it appeared the early release of market-sensitive minutes of a policy ...