Insurance & Financial Services
60 ABA Journal Insurance & Financial Services articles.
GEICO had no right to relitigate a $5.2 million arbitration award to a woman who contracted a sexually transmitted disease in a car insured by the company, a Missouri appeals court has ruled.
Jun 13, 2022 8:36 AM CDT
Legal malpractice insurers are reporting skyrocketing payouts of tens of millions of dollars, even as claims frequency remains relatively flat, according to a survey by insurance broker Ames & Gough.
May 31, 2022 8:57 AM CDT
President Joe Biden on Friday signed into law a bill that strengthens financial disclosure requirements for federal judges.
May 17, 2022 8:35 AM CDT
A state court judge in New York City has held former President Donald Trump in civil contempt and ordered him to pay $10,000 per day until he turns over subpoenaed documents or takes other steps to show that they don't exist.
Apr 25, 2022 1:11 PM CDT
The top state courts in Iowa and Massachusetts have ruled that restaurants can’t recover COVID-19 shutdown losses from "business interruption" policies.
Apr 25, 2022 10:01 AM CDT
A state court judge in Georgia has refused to toss a $13 billion lawsuit alleging that Baker Donelsen and American Family Insurance conspired to spy on a litigant with illegally placed electronic devices.
Apr 20, 2022 3:52 PM CDT
The U.S. Securities and Exchange Commission alleges in a lawsuit that a Las Vegas lawyer and his law firm were involved in a $449 million Ponzi scheme that sold investments in fictitious insurance tort settlements.
Apr 14, 2022 11:45 AM CDT
Barclays, a British bank, estimates that it will suffer a loss of nearly $600 million after it issued securities that exceeded the amount registered in the United States by about $15 billion.
Mar 30, 2022 3:36 PM CDT
A lawyer shot and injured by FBI agents last week confessed to orchestrating a $300 million Ponzi scheme, a federal prosecutor told a judge. The lawyer has been charged with assault on a federal officer for allegedly waving a gun at three FBI agents.
Mar 9, 2022 12:39 PM CST
Hilary J. Allen isn't sorry if you find her new book scary. In fact, she's hoping that Driverless Finance: Fintech's Impact on Financial Stability
can spook enough people to create momentum for change.
Feb 9, 2022 8:38 AM CST
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Feb 1, 2022 3:30 AM CST
Nine elite universities sometimes consider applicants’ ability to pay tuition during the admissions process, which means that the schools should not be entitled to an antitrust exemption that allows them to collaborate on financial aid formulas, a federal lawsuit has alleged.
Jan 11, 2022 3:15 PM CST
A federal judge in Virginia said in a recusal hearing last week that it was “almost insane” to assert that his wife’s $22,000 holding in Amazon.com Inc. stock affected his decisions in a case involving the company.
Jan 10, 2022 11:16 AM CST
The former legal chief for Farmers Insurance was awarded $150 million in punitive damages Thursday in a wrongful termination lawsuit claiming that he was wrongly blamed for a sex-bias suit filed by female attorneys.
Dec 20, 2021 8:58 AM CST
The former general counsel of the defunct law firm LeClairRyan
was sentenced to 44 months in prison in Richmond, Virginia, on Monday for lying to the U.S. Trustee Program while trying to thwart an investigation into his embezzlement of more than $4 million.
Nov 23, 2021 10:02 AM CST
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