Wall Street Journal

• Ex-AIG Chief Greenberg Seeks Dismissal of Case Against Him

  By Karen Freifeld, Reuters  |  May 28, 2013

  New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Maurice "Hank" Greenberg banned from the securities industry and from being a director or officer of a public company.

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  Insurers, Officials Begin to Assess Damage from Oklahoma Tornado

  By Anya Khalamayzer, PropertyCasualty360  |  May 22, 2013

  Oklahoma Insurance Commissioner John Doak said damages from the Moore, Okla. tornado may exceed $3 billion while AIR Worldwide estimates that the replacement value of damaged properties around the track of the tornado could be as high as $6 billion.

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  10 Steps to an Effective Catastrophe Response

  By Carol Laufer, Lori Brassell-Cicchini  |  May 22, 2013

  How a company responds to a disaster and how the public perceives that response can have a significant and lasting impact on its business. Read 10 steps to an effective response - before it's too late.

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  The Assault on State-Regulated Workers' Comp

  By Arthur D. Postal, PropertyCasualty360.com  |  May 6, 2013

  A critical component of our national “safety net,” the state-regulated workers’ compensation system, is being besieged, another victim of politicians reaching everywhere to generate short-term benefits by increasing services without raising taxes.

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  BP Settlement Costs Rise Again

  By Alanna Byrne  |  March 11, 2013

  Claims from individuals and businesses affected by the Gulf oil spill are more numerous and costly than BP anticipated.

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  Dallas Sports Promotion Insurer Sues Lance Armstrong for $12 Million

  By Staff Writer  |  February 8, 2013

  The suit alleging fraud says Armstrong told the most "elaborate lie in the history of sports."

• Congress Reaches Fiscal Cliff Deal That Addresses Estate Tax Issues

  By Arthur D. Postal, PropertyCasualty360.com  |  January 2, 2013

  The House drew the nation back from the fiscal cliff Tuesday night when it approved legislation that, amongst other provisions, makes the current estate-tax policy permanent.

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  Sandy Claims: How Insurers Can Reduce Class Action, Bad Faith Exposure

  By Wystan M. Ackerman  |  November 1, 2012

  An attorney who spent most of his time for several years defending insurance companies in lawsuits after Hurricane Katrina offers some thoughts on what claim executives and their counsel can be doing now to try to reduce potential class action and bad faith exposure.

• U.S. Insurers Must Set Aside More Capital for Mortgages—Regulator

  By Reuters  |  October 29, 2012

  Insurers must set aside more capital against their mortgage-related investments to protect against possible future downturns in the housing market, state regulators agreed on Friday.

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  Toops Scoops: Marketing or Recruiting? Go Geek!

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  October 25, 2012

  Forget the football heroes; if you want to attract influential Millennials, don't go Greek, go geek!

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  Staying Compliant Amid Escalating Cyber Threats

  By David M. Governo, Corey M. Dennis  |  September 17, 2012

  Despite the increased focus on data security, many insurers experienced data breaches in the past 12 months. Here, two attorneys explore compliance regulations in the wake of complex schemes.

• AIG Looks to Sell Thrift over Volcker Rule Concerns, Not to Avoid Federal Regulation

  By Arthur D. Postal, PropertyCasualty360.com  |  September 12, 2012

  American International Group plans to sell its savings and loan out of concerns around restrictions imposed by the so-called Volcker rule, not federal regulation.

• Buffett Cuts $16 Billion U.S. Municipal Credit Bet in Half

  By Karen Brettell, Reuters  |  August 21, 2012

  Berkshire Hathaway Inc. will terminate half of its bullish $16 billion bet on the credit quality of U.S. states, cities and towns, and has also cut its exposure to high yield corporate debt, it said in a regulatory filing this month.

• Buffett Cancelled Municipal Debt Bet 5 Years Early-WSJ

  By Reuters  |  August 21, 2012

  Berkshire Hathaway Inc. terminated a large wager on the municipal-bond market five years early, the Wall Street Journal quoted a person familiar with the transaction as saying.

• Contempt for Court and Other Governmental Entities

  By Ken Brownlee, CPCU  |  May 31, 2012

  As the Supreme Court mulls over the Affordable Care Act, our resident Iconoclast discusses government involvement and some noted missteps.

• Fed Sells AIG MBS to Credit Suisse, Firm Sells Portion on Market

  By Arthur D. Postal, PropertyCasualty360.com  |  January 23, 2012

  The market is apparently strengthening for the risky residential mortgage-backed securities purchased by the Federal Reserve Board in early 2009 as part of its bailout of American International Group.