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Fans Injured At Daytona NASCAR Race Explore Legal Options
The attorney for three NASCAR fans injured last weekend during a race the day before the Daytona 500 says they are exploring a possible lawsuit, but some experts say they could face tough obstacles ...Class-Actions Filed Over Watered-Down Beer
Beer lovers across the United States have accused Anheuser-Busch of watering down its Budweiser, Michelob and other brands, in class-action suits seeking millions in damages. The suits, filed in ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
Providence Sues Actuary Over Pension Calculations
The city of Providence sued its longtime actuary Tuesday, claiming it made "fundamental and inexcusable errors" in calculating the projected savings from a pension system overhaul that will cost the ...A.M. Best Comments On Moody’s UK Downgrade
A.M. Best Europe-Rating Services Ltd. said it "does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade." Best was referring to ...EU Strikes Deal To Cap Banker Bonuses
Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels on Thursday to introduce strict new curbs. Politicians hope the move will address public anger at ...Bernanke: Jobless Rate Won’t Fall To 6% Until 2016
The U.S. jobless rate is unlikely to reach more normal levels for several years, Federal Reserve Chairman Ben Bernanke said on Wednesday as he again defended the central bank's forceful easing of ...Bankruptcy Judge Approves Dewey & LeBoeuf Plan; $50M Insurance Proceeds Could Be Tapped
A federal bankruptcy judge approved the liquidation plan for Dewey & LeBoeuf on Wednesday, a milestone in the winding down of the collapsed law firm that paves the way for creditors to recover ...