Claims / Legal
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 ...
Activist Investors Find Allies In Mutual, Pension Funds
U.S. institutional investors, who used to shun activist investors and side with a company's management on most controversial issues, are starting to change their tune. Aggressive shareholders such as ...Judge Approves $115 Million AIG Shareholder Settlement
A federal judge on Wednesday approved a $115 million settlement between American International Group Inc. shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged ...
UK Watchdog Tells Financial Product Sellers: No More ‘Buyer Beware’ Defense
Britain's new watchdog announced sweeping changes in financial regulation on Wednesday, telling banks they can no longer blame customers when products go wrong and promising to study how consumers ...