Litigation

A new report by Advisen Ltd. shows the 2010 second quarter saw a 30 percent jump in securities lawsuit filings compared to the first quarter.

New York Supreme Court Judge James A. Yates has thrown out the 2008 convictions of two former executives of Marsh on felony monopoly charges for accepting contingent commission kickbacks.

A three-judge panel has denied the federal government's request to reinstate a six-month deepwater drilling moratorium pending the government's appeal of a lower court decision that lifted the moratorium last month.

American International Group agreed to pay $725 million to Ohio and Florida public pension plan funds in a securities class-action settlement to resolve bid-rigging allegations that the funds said occurred up to 2005.

Nearly two years after Hurricane Ike destroyed the town of Galveston, Texas, the Texas Windstorm Insurance Association reached a $189 million settlement with policyholders.

The industry's latest bout with the credit-based insurance scoring opposition ended with a victory in Michigan's highest court.