Litigation

Louie Castoria applies a lesson he learned from "donuts and liquor" - that two different services require different expertise and standards of care.

American International Group Inc. (AIG) and Duke University have settled a case filed by the university, which was seeking to recoup costs related to confidential settlements with the coach of the Duke lacrosse team and three players falsely accused of rape.

Allstate Corp. has filed another lawsuit related to mortgage-backed securities in an attempt to get back what the insurer thinks it is owed.

More than 100 homeowners in Louisiana affected by Chinese drywall manufactured by Knauf Plasterboard Tianjin will soon see some relief as part of a court-approved remediation program.

For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.

A federal judge in New Orleans has denied requests by more than a half dozen insurers to have Chinese drywall litigation against them rejected.