Litigation

An agreement has been reached to settle workers' claims against the World Trade Center Insurance Company for more than $712 million, a $125 million increase over a settlement nixed by a federal judge in March.

A federal court's order to American International Group to hand over more than 400,000 documents to insurers is the latest round in a three-year-old dispute over unpaid workers' compensation premiums that one insurer said amounts to more than $1 billion.

As the insurance industry embraces the use of social media as a marketing tool, it must consider risks that are unique to the insurance industry.

Expanding potential liability for employers and their employment practices insurers, the U.S. Supreme Court gave the green light to litigation involving the use of tests that have a disparate impact on a protected class.

Executives of W.R. Berkley said they would not hesitate to write coverage again for the operator of the oil rig that exploded in the Gulf last month, adding that increased prices and insurance requirements for operators could provide opportunities.

Insurance agents in Tennessee might have to deal with the prospect of lawsuits over accusations that they failed to properly advise customers about flood insurance.

A New York agents' association defended its lawsuit opposing a producer compensation regulation after a New York State Insurance Department representative questioned the group's motive in opposing disclosure and asked what the association has to hide.

Expanding potential liability for employers and their employment practices insurers, the U.S. Supreme Court gave the green light to an employment case involving the use of tests that have a disparate impact on a protected employment class.