Department of Justice

• N.Y. Governor’s Chief Of Staff Confirmed As First DFS Head

  By Chad Hemenway, PropertyCasualty360.com  |  May 26, 2011

  New York Gov. Andrew Cuomo says the state Senate has confirmed Benjamin M. Lawsky as the Empire State’s first superintendent of the Department of Financial Services.

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  NY Attorney Named Ground Zero Fund Administrator

  By Andrew Miga, Associated Press  |  May 19, 2011

  A prominent New York attorney known as the "Queen of Torts" for her defense of top companies like State Farm is tackling a vastly different job — running the $2.78 billion fund to compensate ground zero workers and others who say they were sickened by the Sept. 11, 2001, terror...

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  The Gulf Oil Spill, One Year Later

  By Mary Anne Medina  |  April 20, 2011

  In this exclusive, candid interview with BP Claims Fund Administrator Ken Feinberg, we update readers on both the fund’s progress and operational pitfalls since the explosion of the Deepwater Horizon drilling rig one year ago.

• Courts: Employers Have No Duty To Keep Medical Marijuana Users

  By Chad Hemenway, PropertyCasualty360.com  |  March 25, 2011

  Employers are increasingly being confronted with users of medical marijuana on the payroll. Thus far, the courts have sided with the right to terminate or deny employment, but employers are still being advised to shore up drug policies to avoid liability from potentially impaired workers.

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  The Medical Malpractice Reform Conundrum

  By Claire Wilkinson  |  February 21, 2011

  Late last week, the President released his 2012 federal budget proposal that included $250 million in Justice Department grants to help states rewrite their laws on medical malpractice. Will it work?

• Obama Starts Drive for Medical Malpractice Reforms

  By Associated Press  |  February 16, 2011

  President Barack Obama is launching a drive to overhaul state medical malpractice laws and cut down on wasteful tests doctors perform because they fear lawsuits.

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  Dodd-Frank Would Not Have Prevented AIG Bailout, Former Fin’l Regulators Say

  By Susanne Sclafane, PropertyCasualty360.com  |  February 7, 2011

  If the Dodd-Frank Act had been in place years ago, regulators probably still would not have intervened to stop problems at American International Group’s Financial Products unit, three former U.S. financial regulators said last week.

• #6: The Big Payback From AIG

  By Chad Hemenway, PropertyCasualty360.com  |  December 20, 2010

  It started with congressional hearings to justify a bailout and ended with a deal for some payback and a plan to come up with the rest.

• Health Care Law Supporters Downplay Impact Of Va. Court Decision

  By Arthur D. Postal, PropertyCasualty360.com  |  December 13, 2010

  A federal district court judge in Richmond, Va. has ruled that Congress could not require people to buy health insurance, a key provision of the health care reform law signed by President Barack Obama in March.

• AIG Unveils Plan To Repay Taxpayers For Federal Bailout Funds, With A Profit

  By Chad Hemenway, PropertyCasualty360.com  |  October 4, 2010

  American International Group has struck a deal in principle with federal officials "designed to repay all its obligations to American taxpayers"

• Judge Allows AIG Securities Fraud Lawsuit to Proceed

  By Chad Hemenway, PropertyCasualty360.com  |  September 28, 2010

  A federal judge in New York has denied a request by American International Group (AIG) to have a securities fraud class action lawsuit against it dismissed.

• Judge Allows AIG Securities Fraud Lawsuit To Proceed

  By Chad Hemenway, PropertyCasualty360.com  |  September 27, 2010

  A federal judge in New York has denied a request by American International Group (AIG) to have a securities fraud class action lawsuit against it dismissed.

• Worries About The Other Guy's Greed Spur Questions About D&O Coverage

  By Rob Yellen  |  August 2, 2010

  This fall, the pop culture poster child for greed, Gordon Gekko, returns in a sequel to the movie "Wall Street," called "Money Never Sleeps."

• Worries About The Other Guy's Greed Spur Questions About D&O Coverage

  By Rob Yellen  |  July 26, 2010

  This fall, the pop culture poster child for greed, Gordon Gekko, returns in a sequel to the movie "Wall Street," called "Money Never Sleeps."

• Federal Officials Clash Over Whether Taxpayers Will Recover Full AIG Bailout

  By Arthur D. Postal, PropertyCasualty360.com  |  June 28, 2010

  The U.S. government is likely to suffer a loss on its investment in American International Group.

• Wave Of Shareholder Suits Starts Against Goldman Sachs

  By Susanne Sclafane, PropertyCasualty360.com  |  April 27, 2010

  In a move that experts saw signaling a new wave of securities litigation, a shareholder class action has been filed against Goldman Sachs Group and three of its executives.