Litigation

With the delivery of warning letters to motor carriers from the Federal Motor Carrier Safety Administration still months away, transportation insurers are struggling to determine how to react.

Horace Mann Educators Corp. said it plans to keep its chief executive despite a drunk driving conviction that will keep him in jail for 60 days.

A new government system monitoring motor-carrier safety will achieve a long-term goal of reducing crashes, experts agree, but it may have a short-term impact of driving up loss severity for inattentive insurance carriers, some warn.

Federal securities class action filings declined 4 percent in the 2010 first half compared to the same period in 2009, according to PricewaterhouseCoopers (PwC).

A New York state appeals court is scheduled to hear arguments on Sept. 14 that American International Group's (AIG) auditor failed to unearth the alleged fraud the company perpetrated and should be held liable for it.

The Supreme Court of California has ruled that a homeowners association cannot sue State Farm over a claim related to the Northridge earthquake while it keeps a previous settlement with the insurer.

A group of policyholders sued Ambac Financial Group to prevent the corporation from taking funds from Ambac Assurance Corp. while it is in runoff.

A Professional Insurance Agents of New York (PIANY) representative said she believes state regulators will make some producer compensation guidance language changes after