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There are 68,963 results that match your search.68,963 results
  • AIG $550mn sting from workers’ comp
    The long-running probe into the misstatement of workers' compensation premium continues to haunt AIG, with regulatory fines and potential litigation settlements mounting to $550mn in the past month alone
    13 January 2011
  • Cuomo in $120mn New Year farewell
    In a flurry of activity before he stood down on New Year's Eve, former New York Attorney General Andrew Cuomo struck a $120mn settlement with four insurers over workers' compensation policies.
    13 January 2011
  • SGC ‘sleeping director’ ban in fraud role
    The UK's Financial Services Authority (FSA) banned and fined Surety Guarantee Consultants director Barry Williams for his part in a scheme that defrauded Markel International and QBE (Europe) of more than £2mn in 2005
    13 January 2011
  • Eiopa to drive Solvency II
    The European Union has launched its new insurance supervisory authority and will look to increase its staff within the next three years
    13 January 2011
  • FSA ends Marketform Section 166
    American Financial's Lloyd's insurer Marketform has been passed fit by the FSA after investigation
    13 January 2011
  • Lloyd’s in 2011 coverholder crackdown
    The Lloyd's performance management directorate intends to take a tougher line on new coverholder applicants after a "deterioration" in their quality, according to a December market report seen by The Insurance Insider
    13 January 2011
  • Travelers to pay $445mn to settle asbestos claim
    US insurance giant Travelers has been ordered to pay $445mn to settle an asbestos claim that trails back to the late 1980s
    13 January 2011
  • QBE named in Deepwater lawsuit
    The Deepwater Horizon rig's lead insurer QBE has been placed in the legal firing line after the US Justice Department filed a civil lawsuit against BP and others over the oil spill
    13 January 2011
  • New York AG sues E&Y over Lehman Bros
    New York Attorney General Andrew Cuomo has filed a suit against Ernst & Young (E&Y) alleging that the "big four" accountancy firm assisted collapsed bank Lehman Brothers in defrauding its shareholders.
    13 January 2011
  • Allstate sues BoA over sub-prime loans
    US insurance giant Allstate Co is suing the Bank of America and its subsidiary Countrywide Financial over $700mn in residential mortgage-backed securities the insurer purchased over a two-year period
    13 January 2011
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