Government
New York State: Ex-AIG Chief Greenberg Should Face Trial
Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims ...
Indian Refiners Decline Iran Insurance Offer
Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. ...New York Regulator Requests Details on Insurers’ Cyber Security Plans
New York's top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks ...
Supreme Court Lets Stand Ruling on Disabled Employee’s Right to Job
The U.S. Supreme Court turned away an appeal by United Airlines that sought to limit a federal law that requires employers to accommodate disabled workers. The justices today left intact a federal ...
AIG Ex-CEO Greenberg Hopes Court Will End Spitzer Suit Over Reinsurance
Maurice "Hank" Greenberg, the former chief executive officer of American International Group Inc., is set to ask New York's highest court today to clear his name and dismiss what remains of an ...Accounting Professors Back BP’s Fight To Cap Oil Spill Payouts
A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the ...
U.S. Audit Regulator Reaches Deal With China On Document Access
U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the ...