U.S.
AIG Will Fork Over $35M to Settle New York Licensing Issue
Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State ...
PCI’s Gordon: Congressional Leaders Pledge Dec. TRIA Renewal
An executive with the Property Casualty Insurers Association of America said Congressional leaders have offered assurances that they'll reauthorize a version of the Terrorism Risk Insurance Act, or ...
EEOC Sues Honeywell; Challenges Employee Wellness Penalties
The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc. to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate ...
Family Sues After School Bars Ebola-Exposed Child; ADA Damages Sought
The father of a Connecticut third-grader filed a federal lawsuit Tuesday saying his daughter has been unfairly barred from school amid fears she may have been exposed to the Ebola virus while in ...
Kimberly-Clark Being Sued Over Medical Gown Ebola Protection Claims
Kimberly-Clark Corp. was accused in a lawsuit by a Los Angeles surgeon of putting its "monetary self interest" ahead of public safety by falsely claiming its medical gowns protect against Ebola when ...
SEC Seeking to Dole Out $600M-Plus SAC Settlement
The U.S. Securities and Exchange Commission wants to make its $602 million settlement with SAC Capital Advisors hedge fund available to people who say they are victims of illicit trading by a former ...
Hamilton USA Names Koehler President, Middle Market & Programs
Hamilton USA, the New Jersey-based insurance operations of Hamilton Insurance Group, has appointed Rich Koehler as president of middle market and programs. Koehler will report to CEO Conan Ward and ...
Litigation Trifecta Keeps Insurers Busy
Suits related to violations of the Telephone Consumer Protection Act (TCPA), cyber breaches and concussions remain at the top as far as litigation trends go, according to industry experts. And while ...