Litigation

The use of social media by surplus lines insurers and agents to promote business is advertising, a legal expert explains in a National Underwriter special feature this week.

Despite the casual nature of social media sites such as Facebook and LinkedIn, the use of social media is subject to state insurance laws that govern advertising and unfair trade practices.

A proposed New York producer compensation regulation complies with the law and is necessary to inform consumers about possible conflicts of interest, the state's attorney general said in a court filing.

A new study by the RAND Corporation finds that a small group of asbestos plaintiffs' lawyers have become repeat players who represent a large number of claimants.

Eugene R. Anderson, the founding member of the law firm Anderson Kill & Olick, P.C., died Friday from complications from pneumonia. He was 82.

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

Will soft pricing in the directors and officers insurance market continue in light of a second-quarter uptick in 2010 securities suits reported recently?

A buyers' market continues for directors and officers liability insurance, with double-digit price declines now possible for financial institutions and non-financial firms alike.