Underwriting
Bill Gross’s $200M Suit against Allianz’s PIMCO Allowed to Proceed
Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co owes him in the wake of his 2014 ouster from the firm he ...
Driverless Cars May Go Nowhere Unless Congress Passes Nationwide Rules
A patchwork of state laws governing the operation of self-driving cars threatens to stall their development, supporters told lawmakers as U.S. senators began consideration of a national standard for ...
North American Specialty Insurer Operating Earnings Soared in 2015: Fitch
North American specialty insurers saw their aggregate operating earnings jump to $3.4 billion in 2015, up almost 11 percent versus the previous year. The data, from a new Fitch Ratings special ...
Apple/U.S. Legal Battle Poised to Escalate Over ‘Source Code’
The latest filing in the legal war between the planet's most powerful government and its most valuable company gave one indication of how the high-stakes confrontation could escalate even further. In ...
VW Dealt a $3.7B Lawsuit in Germany Over Diesel Scandal Coverup
Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. ...
Executives On The Move at CNA, Ironshore and Beazley
CNA recruited a former Chubb executive for a key role. Ironshore hired on a new executive will help build its London-based underwriting property program business. Beazley appointed a former Hiscox ...
GM Ignition-Switch Case Plaintiffs Face Critical Legal Tests
People suing General Motors Co over a faulty ignition switch will get two chances in a Manhattan court this week to argue that the U.S. automaker should be held accountable for injuries, deaths and ...
Is ‘Flat’ the New Buzzword for Commercial Insurance Pricing?
"Flat" is close to becoming the new buzzword for commercial insurance pricing. For the 2015 fourth quarter, pricing barely ticked up 1 percent, according to Willis Towers Watson's updated survey of ...