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State Farm Insurance will be seeking to file a subrogation lawsuit against utility company NV Energy for claims related to Nevadas Caughlin Ranch Fire.
State Farm Insurance will be seeking to file a subrogation lawsuit against utility company NV Energy for claims related to Nevadas Caughlin Ranch Fire.
Insurance broker Aon says the cost of a restructuring plan put in place when it bought Hewitt Assoc. in 2010 is $86 million higher than its initial estimate and the company is eliminating 1,100 more jobs than its initial estimate.
CNA Financial Corp. says second-quarter net income increased nearly 17 percent to $194 million compared to $166 million during the same period a year ago.
Lawyers for former American International Group CEO Maurice Hank Greenberg and the companys former CFO have filed motions to have a New York court throw out charges dealing with a decade-old reinsurance deal, or, in the alternative, for another judge to handle the case.
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