UK insurer Prudential Plc is under no pressure from its shareholders to cut the $35.5 billion price it’s paying for AIG’s Asian life insurance unit, the group’s Asia CEO said. “At the very beginning, we got a lot of questions …
The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African exporters of flowers and vegetables by air to European supermarkets, technology …
Robin McNeill has joined the architects & engineers professional liability team at underwriter Beazley Group. McNeill, who will be based in Washington, D.C., was most recently a vice president with Victor O. Schinnerer & Co., the underwriting manager for CNA’s …
The European Union’s economy will face serious consequences if a volcanic ash cloud that has disrupted flights across the continent continues for a long time, its trade chief said on Monday. “If this were to take long, it would really …
Nearly 250 Colombians who say they and relatives were victims of violence by Colombian right-wing paramilitaries have filed a lawsuit seeking more than $1 billion in damages from the Chiquita banana company, which has admitted making payments to paramilitaries. The …
A state court has ruled that Pennsylvania has mishandled a fund to help physicians pay malpractice premiums and ordered the state to transfer hundreds of millions of dollars out of its general fund to resolve a pair of lawsuits. Commonwealth …
A man who claimed his infant son was left brain-damaged after surgery at Childrens Hospital of Los Angeles has lost a $19-million lawsuit. A Los Angeles jury ruled in favor of the hospital and two doctors. Eduardo Rivas of Tujunga …
North Carolina’s attorney general says the state will not join a lawsuit that seeks to overturn President Barack Obama’s health care overhaul. Attorney General Roy Cooper said in a letter to Gov. Beverly Perdue that health care is a policy …
A trust fund that invests in Massey Energy wants the board of directors and top executives held personally accountable for the recent explosion that killed 29 coal miners. The Manville Personal Injury Trust sued last week in Kanawha Circuit Court. …
A judge in Louisville has removed two high school officials from a wrongful death lawsuit stemming from the death of a 15-year-old football player. The Courier-Journal of Louisville reported that Judge Mitch Perry dropped Pleasure Ridge Park High School principal …
