-
By Karen Freifeld, Reuters |
May 15, 2012
Bank of America Corp and Societe Generale on Tuesday will begin opening arguments in a New York State courtroom to overturn the 2009 restructuring of bond insurer MBIA Inc.
-
By Jonathan Stempel (Reuters) |
May 15, 2012
Former American International Group Inc Chief Executive Maurice "Hank" Greenberg said New York's attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions.
-
By Arthur D. Postal, PropertyCasualty360.com |
May 9, 2012
An appellate court in New York has cleared the way for a trial on allegations that Maurice “Hank” Greenberg and Howard Smith, respectively the former CEO and CFO of American International Group, committed fraud in connection with two reinsurance transactions.
-
By Caroline McDonald, PropertyCasualty360.com |
December 22, 2011
Four industry associations are speaking up for a risk retention group, requesting that the federal Ninth Circuit Court of Appeals uphold a decision by the Nevada District Court in July 2011 to allow the RRG to continue operating, despite the state's efforts to shut it down.
-
By Arthur D. Postal, PropertyCasualty360.com |
November 14, 2011
The Supreme Court today agreed to decide whether requiring Americans to buy health insurance is constitutional.
-
By David D. Thamann |
October 25, 2011
The insurer's duty to defend the insured is an accepted part of the CGL coverage form's insuring agreement—but the insured may be surprised to find that the insurer can get reimbursement for some of the legal costs expended.
-
By Arthur D. Postal, PropertyCasualty360.com |
August 15, 2011
Friday’s decision by an appeals court panel on the healthcare law ensures that the Supreme Court will be the ultimate arbiter of the law’s constitutionality, but otherwise further muddies the water as to what benefits employers will have to provide to their employees, industry officials said.
-
By Chad Hemenway, PropertyCasualty360.com |
August 1, 2011
The convictions of four former executives at General Reinsurance Corp. and another at American International Group Inc. have been thrown out by a federal appeals court.
-
By J. Robert Renner |
July 29, 2011
In American Electric Power Co. v. Connecticut, the U.S. Supreme Court held in an 8-0 decision that the Clean Air Act displaced any federal common-law right to seek abatement of carbon-dioxide emissions from fossil-fuel-fired power plants.
-
By J. Robert Renner |
June 30, 2011
The Supreme Court decision in American Electric Power Co. v. Connecticut is as noteworthy for what the justices did not decide as for what they did.
