The insurers of Michael Jackson's ill-fated "This Is It" London comeback concerts on Wednesday have settled out of court with the late King of Pop's estate over a $17.5 million policy, the attorney for Jackson's estate said.

A federal judge on Monday approved a $135 million settlement between American Airlines Group Inc and Cantor Fitzgerald over business and property losses suffered by the financial services company in the Sept. 11 attacks on the World Trade Center, in which 658 of Cantor's employees were killed.

ACE Ltd has agreed to buy a 60.9% stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.

ACE Ltd has agreed to buy a 60.9% stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.

British insurer RSA blamed a handful of executives for accounting irregularities at its Irish division, attempting to draw a line under a scandal that left it with a $329 million hole in its finances.

British insurer RSA blamed a handful of executives for accounting irregularities at its Irish division, attempting to draw a line under a scandal that left it with a $329 million hole in its finances.

Britain's insurers are preparing to pay out hundreds of millions of pounds in claims following a run of winter storms that have flooded homes and disrupted travel, though the absence of major damage should limit the impact on their 2013 results.

Three new schools will open in Joplin, Missouri, this week, the latest step in the town's recovery from a devastating 2011 tornado that killed 161 people and destroyed 8,000 buildings.