The arbitration agreement between two insurance companies called for each to bear its own costs to resolve a dispute. But that didn’t prevent the arbitration panel from awarding sanctions, the…
As federal agents today seized a 55-foot yacht owned by convicted Ponzi schemer Bernard Madoff, other owners of less expensive watercraft reportedly are abandoning ship on boats they can no…
A once-groundbreaking system of helping injured New York workers obtain treatment and reasonable compensation from their employers is now a struggling $5.5-billion-a-year state-run “subbasement of the legal world” in which…
Hedge funds would have to provide government reports on their operations, and large financial institutions would be subject to more oversight under sweeping regulations to be proposed today by Treasury…
An AIG lawyer who was general counsel of the insurance company’s troubled financial products unit has offered to return his $6.4 million bonus, the largest amount handed out to company…
It wouldn’t be difficult for government officials to tweak red-light camera operations so that they also check violators’ license plates against automobile insurance records, says an official of a company…
In an apparent expansion of an ongoing probe into judicial corruption in Pennsylvania, a federal grand jury in Scranton is now hearing testimony about uninsured and underinsured motorist arbitrations in…
President Obama faces a difficult decision as he weighs how to respond to judicial orders requiring the federal government to pay insurance benefits to the same-sex spouses of two lawyers.
An award of punitive damages and attorney fees in a bad-faith case against an insurance company has been overturned by the New Orleans-based 5th U.S. Circuit Court of Appeals.
A federal appeals court has refused to approve a lump-sum deal that cost a bombing victim around $300,000 because the Houston settlement company that struck the agreement evaded a Pennsylvania…
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