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Two ongoing industry legal battles saw recent developments, as an appeals court vacated the convictions of former General Reinsurance Corp. and American International Group executives; and Liberty Mutual Group says it likely will appeal the preliminary approval given to a $450 million settlement between AIG and other companies stemming from...

The convictions of four former executives at General Reinsurance Corp. and another at American International Group Inc. have been thrown out by a federal appeals court.

Two ex-Marsh executives are accusing their former employer of making them “scapegoats,” saying Marsh tried to avoid criminal prosecution by colluding with the N.Y. attorney general to have the two men indicted over allegations they engaged in an improper kickback scheme.

Agents and brokers have moved on from what was once a lightning rod topic—the contingent commission controversy.

Two ex-Marsh executives are accusing their former employer of making them “scapegoats” to avoid criminal prosecution by colluding with the New York attorney general to have the two indicted over allegations they engaged in an improper kickback scheme.

Individuals may not sue lawyers, accountants and investment advisers under securities laws for alleged false or misleading statements made by others, the Supreme Court ruled last week.

Lawyers, accountants and investment advisers cannot be sued under securities laws by individuals for alleged false or misleading statements by others, the Supreme Court has ruled.

Attorneys general, insurance industry executives and self-proclaimed consumer advocates who want to modify compensation for insurance agents and brokers don’t know what they are talking about, according to free-market advocate, Eli Lehrer.