U.S.
BlackBerry Faces Class Action Shareholder Lawsuit
A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against ...
Court Favors Abercrombie in Okla. EEOC Suit Over Hijab
A federal appeals court has dismissed claims by an Oklahoma woman who says she was not hired by retailer Abercrombie & Fitch because her headscarf conflicted with the company's dress code, which ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...
Delaware’s Corporate Courts Facing Major Turnover
Two of the most important courts for resolving U.S. business disputes, Delaware's Court of Chancery and its state Supreme Court, may be on the cusp of a dramatic turnover that could affect corporate ...
P/C First-Half Results Improve on Premium Growth, Lower Cats
The only major component of net income moving downward for property/casualty insurers during the first half of 2013 was investment income, according to a compilation of aggregate industry figures ...
FASB to Hold Roundtable Meetings on Insurance Proposal
The Financial Accounting Standards Board (FASB) will host public roundtable meetings on its Proposed Accounting Standards Update, Insurance Contracts (Topic 834). The meetings will provide an ...
SEC Awards More Than $14M to Whistleblower
The Securities and Exchange Commission on Tuesday announced an award of more than $14 million to a whistleblower whose information led to an SEC enforcement action that recovered substantial investor ...
U.K. Regulators Watching Impact of Capital Influx on Insurers
British regulators are scrutinizing the impact of the wave of capital from investors such as hedge and pension funds on the insurance industry. "The availability of this additional capital inevitably ...