Legal

Lawyers for disgraced US movie producer Harvey Weinstein have filed papers to move a lawsuit brought by the Hollywood mogul's personal indemnity insurers to a federal court in New York.

The value of securities class action settlements fell by 76 percent to nearly $1.5bn in 2017, the second-lowest level in the past decade, according to Cornerstone Research.

Lawmakers in Tallahassee have once again failed to tackle the assignment of benefits (AOB) crisis that reform advocates say is rapidly pushing up insurance rates and dragging down the Florida economy.

XL Catlin will proceed with plans to move its European and Asian insurance headquarters to Dublin from London in order to retain European Economic Area (EEA) passporting rights after the UK leaves the bloc.

Access Insurance tried to avoid liquidation by finding additional capital but failed, the South Carolina insurance regulator has confirmed

Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.

Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.

The new global capital framework for insurers is likely to be delayed beyond the planned late-2019 introduction date, according to the Association of British Insurers (ABI)'s director of regulation Hugh Savill.

Oklahoma's proposed law on insurance business transfers (IBTs) could be on Governor Mary Fallin's desk as soon as May, according to a state insurance official.

Exin Group is set to meet top Bank of Greece (BoG) executives early next week to discuss its attempted acquisition of Ethniki insurance, according to a report by Greek trade publication Insuranceworld.gr.

US wholesaler Keating has secured a partial injunction in a legal battle to restrain a group of ex-employees from pitching their new employer, Worldwide Facilities, to former Keating colleagues and clients.

CBL Insurance Europe was placed in administration Monday by the Bank of Ireland, after the parent company and domestic subsidiaries entered voluntary administration in New Zealand.