Litigation Insurance Reimburses Plaintiff Lawyers Losing Cases on Contingency August 17, 2016 By Erik Larson When David Brill lost a trial for a client who fell off his neighbor’s ladder, it was a rare failure...
Reinsurers May Reassess Cat Exposures When Normal Claims Levels Return: S&P August 17, 2016 Most global reinsurers have been able to maintain underwriting discipline despite the ongoing soft market, but there is a danger...
Defamation Lawsuit Against Rolling Stone Magazine Likely Set For Trial This Year August 17, 2016 A federal judge says a defamation lawsuit against Rolling Stone magazine over a now-debunked article about a rape at the...
Critic Icahn Warms to AIG CEO Hancock’s Plans, Likes $3.4 Billion Deal August 17, 2016 By Sonali Basak Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he’s...
Delta Lloyd Returns to H1 Profit; Plans Exit From Unprofitable Markets, Cost Cuts August 17, 2016 By David de Jong Delta Lloyd NV, the Dutch insurer that shored up its capital buffers in an April rights offer, returned to profit...
Neon Appoints McPhee to Newly Created Role of Head of Political Violence August 17, 2016 Neon has appointed Gregg McPhee to the newly created role of head of Political Violence. McPhee will join Neon on...
New York Judge: Hedge Fund Head’s $100M Defamation Claim Better Suited for Bahamas August 17, 2016 By Jonathan Stempel A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against...
Penn State’s Sandusky Blames Lawyer’s Advice for Child Abuse Conviction August 17, 2016 By Mark Scolforo Jerry Sandusky forcefully asserted his innocence and described his own sexual history last Friday during an hour of testimony as...
Alabama Water Park Closed After Parasite Found August 17, 2016 The Health Department has recommended a popular Alabama water park close due to the presence of a parasite. AL.com reports...
North Carolina Resident Fed Up as Home Hit by Car for the 6th Time in 12 Years August 17, 2016 A North Carolina man says he’s getting close to giving up on his home in Raleigh after it was hit...