U.S.
States Weaken Commercial Host Liability Laws: Study
A new report says that in recent years many states have enacted legislation to protect retailers from commercial host liability by increasing the evidentiary requirements, limiting the amount of ...
Meadowbrook Says Class Action Without Merit
Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
Obamacare, Tepid U.S. Growth Fuel Part-Time Hiring
U.S. businesses are hiring at a robust rate. The only problem is that three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid. Faltering economic ...
Assured Guaranty, JPMorgan Agree to End Mortgage Litigation
Assured Guaranty Ltd. and JPMorgan Chase & Co. agreed to settle lawsuits filed by the bond insurer accusing the bank's EMC Mortgage and Bear Stearns units of making misrepresentations about ...
Goldman Assessing Fallout From Options Trading Glitch
Goldman Sachs Group Inc. is assessing the financial damage caused by a trading glitch that led to a flood of erroneous options trades, as U.S. regulators began looking into what caused the problem. ...
SEC’s JPMorgan China Probe Threatens Cozy Tradition of ‘Client Hires’
The U.S. government's bribery investigation into JPMorgan's employment of at least two Chinese bankers has prompted banks and other corporations across the globe to take a close look at their hiring ...
New China Trust Pulls Bid for AIG’s Plane Leasing Firm Over Regulator: Report
New China Trust, which led a Chinese investor group in a $4.2 billion bid for American International Group Inc.'s aircraft-leasing unit, pulled out of the deal on concern its ties with a Chinese ...
Virus Targets the Social Network in New Fraud Twist
In the world of cyber fraud, a fake fan on Instagram can be worth five times more than a stolen credit card number. As social media has become increasingly influential in shaping reputations, hackers ...