Litigation/Liability Trends
Crop Insurance Payments For U.S. Plains Flooding Lower Than in Drought
Farmers are reaping higher yields and ranchers' feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to ...
Canada Hits Railway With New Charges in 2013 Derailment Disaster
The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its ...
World Cup Insurers Vulnerable to Claims Over Russia, Qatar Flap
World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar ...
Trader Suing Deutsche Bank Over Massive Individual Banker Bonuses
Bonuses of as much as 84 million euros ($96 million) paid out by Deutsche Bank AG to individual bankers just after the global financial crisis are at the center of a lawsuit filed by a former trader. ...
Ex-AIG CEO Greenberg Won One Lawsuit But Still Faces Another
A decade-old lawsuit in which New York accused former American International Group Inc Chief Executive Maurice "Hank" Greenberg of accounting fraud will head to the state's highest court for a second ...
Climate Change Places Investment Returns at Risk: Mercer
Climate change could adversely affect investment returns in the coming years. With that in mind, investors should rely on environmental risk modeling to determine how to adapt and minimize impact, ...
AIG Ex-CEO Greenberg Will Appeal Bailout Ruling That Left Out Damages
Maurice "Hank' Greenberg, who won what most considered a long-shot case with a ruling that the U.S. government acted illegally towards American International Group Inc. shareholders in the terms it ...The Hartford Targets Small Businesses With New Professional Liability Endorsement
The Hartford is targeting small businesses with a new professional liability endorsement. Plans call for adding the coverage to the Connecticut-based insurer's business owner's policy. The Hartford ...