US insurance giant American International Group Inc. (AIG) has asked Thomas A. Russo, former legal affairs chief at Lehman Brothers, to be its next general counsel, according to a report from WSJ that cites those "people
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Insurance Rules verses DWI in DUI Cases
If you are injured and seeking compensation then you have to aware of various issues involved in the compensation claim process. There are several instances where insurance companies use underhand tactics in order to
CAPE TOWN - The global economic crisis makes it even more imperative that investors ascertain the economic and legal conditions in foreign countries. ‘‘When one has dealings overseas, you encounter special
Existing estimates of the global (re)insured losses arising from sub-prime, credit crisis, liquidity and fraud-related litigation are “intuitively low”, according to industry leaders, who agreed at a London briefing
Insurer AIG is being investigated by the state authorities of 50 US states based on questions whether the firm violated laws governing workers' compensation insurance. The investigation began as the result of a New York
As if you could not have guessed, Lloyd's of London noted recently in its annual report that a specific risk exists for increased litigation against financial services firms and others as a consequence of investors'
We are seeing uncertain times. in the past few weeks, a major bank has disappeared and other have merged, while giant insurance group AIG almost fell. So, what to do when one of your insurers suffers? Alan Weir,
Sullivan & Cromwell and Davis Polk & Wardwell have secured roles on US insurance giant AIG’s additional $37.8bn funding.
Recent legal decisions and developments that are likely to be of interest to those in the insurance industry. (PDF) http://incelaw.com/assets/documents/1000039CInce&CoLawUpdateSummer2008.pdf
The final session focuses on the final resort – failure redress via litigation, resolution and insurance coverage – with guidance from solicitors Ian Teare, an associate at Norton Rose, and Chris Sacre of Ince & Co.
SWANSEA’S Institute of International Shipping and Trade Law had a packed turnout for its event at Lloyd’s on the proposed reforms to the Marine Insurance Act, which certainly resulted in a lively debate and not a
Boston-based insurance monolith Liberty Mutual, one of the top property and casualty insurers in the U.S., has tapped Debevoise & Plimpton's M&A partners Gregory Gooding and Nicholas Potter for its $6.2 billion cash deal