U.S.
Analysts Sees GM Creating $3B Fund for Ignition-Switch Claims
General Motors Co. will probably create a fund of as much as $3 billion to pay claims associated with an ignition-switch flaw the automaker said is linked to the deaths of 12 people, a Barclays ...
Judge Refuses to Dismiss $1.2B ‘Pink Slime’ Defamation Suit
A South Dakota judge on Thursday refused to throw out a defamation lawsuit against ABC related to its coverage of a meat product called lean, finely textured beef, which critics have dubbed "pink ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
MF Global Alleges ‘Erroneous Accounting Advice’ in $1B Suit Against PwC
MF Global Holdings Ltd., which filed for bankruptcy after a failed $6.3 billion bet on bonds of some of Europe's most indebted nations, sued PricewaterhouseCoopers LLP for $1 billion, alleging ...
Malaysian Crew Family Member Seeks Illinois Court’s Help to Prep Lawsuit
The husband of a crew member of missing Malaysian Air Flight 370 asked a state court in Illinois to order Boeing Co. and the airline to turn over data and documents to assist in preparation for a ...
Addressing the Profitability Challenge in Commercial Auto Insurance: Emerging Driver-Based Rating Factors
Pop quiz: Which of the following real-life scenarios resulted in a violation on the driver's motor vehicle record (MVR)? (a) Going 55 mph in a 45 mph zone. (b) Making a left turn across two ...
Puerto Rico, Detroit Investors Buoyed by Bond Insurers’ Rebound
Buyers of debt issued by bankrupt Detroit or junk-rated Puerto Rico are finding it pays to have bond insurance. The backing is even more valuable after upgrades of units of Assured Guaranty Ltd. and ...Death Toll from Washington Mudslide Expected to Rise
The death toll from a massive mudslide in Washington state is expected to increase as crews continue to search through the soupy, debris-laden field and rainy conditions complicate matters for ...
Karen Clark & Co.’s RiskInsight Now a Fully Probabilistic Loss Modeling Platform
Karen Clark & Co. (KCC) on Tuesday announced that RiskInsight, the open platform for catastrophe risk management, is now a fully probabilistic loss estimation tool capable of generating ...