Legal

Willis Towers Watson is facing a class action lawsuit in a Virginia court over the handling of the 2015 merger between Willis and Towers Watson.

21st Century Fox has agreed to settle a shareholder derivative lawsuit arising from a sex harassment scandal that enveloped the Fox News network last year, with the $90mn settlement funded by the company’s directors’ and officers’ (D&O) insurers.

A member of the Greek parliament has posed questions to the country's finance minister about Exin's proposed EUR958mn ($1.10bn) acquisition of state-owned insurer Ethniki, citing concerns about "major liquidity problems" and issues with the recently submitted change of control request

Aon is fighting a lawsuit that is seeking more than NZ$528mn ($364.7mn) in damages related to the 2010/11 Canterbury earthquakes in New Zealand

The price of directors' and officers' (D&O) coverage fell for the 17th quarter in a row in Q3 despite the threat posed by near-record levels of legal activity, which could increase claims

Old Republic has warned that its third quarter results will include a $130mn charge to settle claims dating back to the Great Recession.

Aon has settled a short but bitter dispute with rival Willis Towers Watson, which stood accused of unfair competition after hiring Mike Burwell as CFO.

Lloyd's insurers embroiled in a $10mn claims dispute with Kanye West have been accused of "post-claim underwriting" in the latest installment of a lawsuit over the artist's cancelled tour.

Maurice "Hank" Greenberg won a round in his pursuit of former New York Attorney General Eliot Spitzer as a state appeals court ruled that the former AIG CEO could seek a defamation judgment against his legal nemesis.

UK government proposals to reform the way the Ogden rate is calculated could save the (re)insurance industry £2.5bn ($3.3bn), according to Ernst & Young (EY)

Exin Re CEO Marc Maupoux has resigned after staff at the Zurich-based reinsurer went unpaid for months, and is currently engaged alongside other staff in official proceedings to recover the money as Matt Fairfield's insurance group readies a counterclaim

Determining the root cause of Hurricane Harvey losses and identifying whether claims should fall to the private sector or the state will create a huge legal conundrum in the wake of the storm, lawyers have said.