terrorist financing News

Insurer Off the Hook in Defending Western Union Against Terrorist Financing Suit

An insurer’s war and financial services exclusions relieve it of having to provide coverage for an insured being sued for allegedly aiding international terrorists responsible for the crash of Malaysia Airlines Flight 17 in eastern Ukraine in 2014. The U.S. …

Islamic State’s Business Model Must Be Disrupted: Bloomberg Editorial

What it means for a European nation and member of NATO to declare war against a stateless band of terrorists is an interesting and important question, made urgent by Islamic State’s brutal attack on Paris last Friday. As Europe and …

U.S. Jury Finds Arab Bank Liable Under Terrorist Financing Law

A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories. Jurors needed …