Regulation & Compliance
‘Fabulous Fab’ Verdict Is Vindication For SEC Lawyer
As the head of litigation for the U.S. Securities and Exchange Commission, Matthew Martens' main job is to oversee other lawyers. In his three years at the agency, he had not tried a case himself. ...
Wall Street Brokers Support Removing Liability Shield for Stock Exchanges
The government should strip U.S. stock exchanges of the legal status that protects them from most lawsuits, a trade group for brokers said. In a letter to the Securities and Exchange Commission, the ...
Judge Dismisses Lawsuit by 11 States and Texas Bank Against Dodd-Frank
A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law's financial regulation overhaul was dismissed by a federal judge. U.S. District Judge Ellen Segal Huvelle in Washington Thursday ...
Workers Compensation Market: Challenges Remain Despite Recent Improvements
The market for workers compensation insurance is in a recovery phase of the underwriting cycle after several years of poor results. In particular, premium rates continued to increase meaningfully ...
P/C Insurers Face Challenges If Terrorism Risk Insurance Is Not Renewed: Fitch
If Congress fails to renew or makes significant changes to the federal government's terrorism risk insurance program, some insurers will be forced to significantly alter their underwriting portfolios ...
Corporate Risk Consultants Uneasy After China’s Detention of Investigators
The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into pharmaceutical giant GlaxoSmithKline has had a chilling effect on ...
Ralph Nader Planning Tort Law Museum
Ralph Nader has a new cause. After dedicating nearly half a century to battling businesses over almost everything from dangerous products to the influence of money in politics, the consumer advocate ...
How Most of the Insurance Industry Escaped the Worst of the Financial Crisis
At a time when efforts are underway to require additional supervision of some large insurers, a new government report concludes that the insurance industry's own practices and the policies of state ...