Third-Party Bad Faith Claims Add $800M to Florida Auto Insurance Costs: IRC August 28, 2014 Florida’s third-party bad-faith lawsuit environment may have resulted in more than $800 million in additional auto liability claim payments in...
Integrated Employee Benefits Merges with One Risk in California August 28, 2014 Pleasanton, Calif.-based One Risk Group LLC has merged Integrated Employee Benefits Solutions into its operating platform. As a result of...
Former NYPD Officer Pleads Guilty in Disability Fraud Scheme August 28, 2014 By Chris Dolmetsch A retired member of the New York City Police Department pleaded guilty to charges that he led a ring that...
Report: Russian Hackers Attack 5 Big Banks, Steal Customer Data August 28, 2014 By Jordan Robertson and Michael Riley Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that...
After ‘Terrible’ Cancer Diagnosis, Benmosche Accelerated Exit from AIG August 28, 2014 By Zachary Tracer Robert Benmosche, who is stepping down this weekend after five years as American International Group Inc.’s chief executive officer, said...
Advice to Bankrupt MF Global Could Cost Accounting Firm $1 Billion August 28, 2014 By Jonathan Stempel A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was...
Soccer Moms, Players Sue FIFA Over Concussions August 28, 2014 By Andrew Harris FIFA, soccer’s international governing body, was sued by soccer moms and players who claim the organization failed to adopt effective...
Travelers Insurance Off Hook for $30M Trademark Claim: Court August 28, 2014 Travelers Companies Inc.’s U.S. Fidelity & Guaranty doesn’t have to pay a $30 million judgment in a trademark infringement case...
Willis Re Strengthens Senior Management Team in Canada August 28, 2014 Willis Re Inc., the North American reinsurance operation of Willis Group Holdings plc announced the appointment of Geoff Lubert as...
S&P Report Urges ‘Disaster Resilience’ with Governments for Reinsurers’ Growth August 28, 2014 Standard & Poor’s Rating Services announced the publication of its “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous...