News
Nursing Home Trial Challenges Liability Transfers to Shell Companies
Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured ...
Deere Weighing Possible Sale of Crop Insurance Biz
Deere & Co., the world's largest maker of agricultural equipment, hired Citigroup Inc. to look at strategic options for its crop insurance unit as it sells assets to focus on core businesses such ...
AXIS Capital Eyeing More Insurance Biz, Acquisitions as Re Market Gets Uglier
AXIS Capital Holdings Ltd. plans to expand the insurance side of its business to make up for lower earnings from the reinsurance segment. "I wouldn't be surprised now over the next couple of years if ...
GNY CEO Warren Heck to Retire; Daughter Will Replace Him
Warren Heck, the long-time leader of GNY Insurance Companies, plans to retire at the end of 2014. He'll remain at the insurer as non-executive chairman. But Heck's daughter, Elizabeth Heck, currently ...
Marijuana and Workers Comp
There are some who believe medical marijuana and the workplace are a potent mix just waiting to be stirred as increasingly more states approve the herb and its derivatives for medicinal use. Not only ...
Treasury Takes First Steps to Curb Tax Inversions
The U.S. Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce their taxes, clamping down on the practice known as ...
SEC Paying $30M-Plus to Whistleblower in Largest Award Yet
An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to ...
Greenberg’s Starr Sues U.S. Over $38M Tax Dispute
Maurice "Hank" Greenberg's Starr International Co. seeks a refund for overpayment of taxes for 2007 in a $38 million lawsuit against the U.S. The Internal Revenue Service has taken no action on ...