Legal
Three Philips staff face corruption trial in Poland
Three staff of the Polish branch of electronics giant Philips are on trial in Poland, facing corruption charges over a tender for medical equipment...
France / Justice : insurance agents gather and assign their company to court
Rare event, French general agent unions from ten insurance companies have gathered to assign to court their company.
News Assurances, the leading online media dedicated...
Justice : asbestos victims won a major victory in court
Victims of asbestos won today a major victory after judges threw out a court appeal by insurance firms.
Axa, Aviva, RSA and Zurich had tried...
Ecclesiastical defends and wins dog walker case to protect charities
A civil damages case taken by a charity dog walker, which could have had wide-reaching implications for anyone working on a natural surface like...
Justice : Drug companies in the U.S. to pay 421 million USD for price scam
Three pharmaceutical companies have agreed to pay 421 million dollars for reporting inflated drug prices to the US government, officials said Tuesday.
The Justice Department...
Justice : Minister’s advice on marriage
Couples should take out insurance on their marriages, ministers warned yesterday.
Justice Secretary Kenneth Clarke wants to scrap legal aid for divorce lawyers. This means...
Access to justice is the best measure of legal services quality
RIAD, the International Association of Legal Protection Insurance, convenes its 21st Congress in London today. This high level international forum will examine the importance...
Justice : US lawmakers OK health coverage for 9/11 rescue workers
The House of Representatives on Wednesday approved legislation covering health care costs for rescue workers and volunteers sickened as a result of the September...
FSCS has paid out £204m in compensation for 2009/10
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out...
Justice : Liberty Mutual filed a securities fraud lawsuit against Goldman Sachs over Fannie Mae Investment
Liberty Mutual Insurance Co. has filed a securities fraud lawsuit against Goldman, Sachs & Co. to recover losses on $62.5 million of investments in...
Judge declares Spain’s Marsans insolvent
Viajes Marsans, one of Spain's biggest and oldest tour operators, has been declared insolvent, according to a court ruling seen by AFP on Monday.
The...
Spain fines insurance groups over price fixing
Spain's competition regulator Thursday fined six insurance and reinsurance companies a record 120.7 million euros (179 million dollars) for alleged price-fixing in the construction...
Swinton responded to FSA’s announcement of a fine of £770,000 in relation to sales of low cost PPI policies
Swinton has responded to the Financial Services Authority’s announcement today of a fine of £770,000 in relation to sales of low cost Payment Protection...
U.S Life insurer Coventry First to Pay $12 million in settling cuomo lawsuit
Privately held LLC will pay New York $10.6 million and give customers $1.4 million to settle a 2006 civil suit filed by the state's...
Toni Braxton to sue her insurance company
London insurance officials have hit back at Toni Braxton after she sued them over the cancellation of a string of shows.
The Unbreak My Heart...
AIG agrees to settle disputes with Greenberg through arbitration
A judge on Monday dealt a setback to American International Group Inc. in its legal fight with former CEO Maurice "Hank" Greenberg, ruling that...
AIG wins dismissal of $1 billion workers comp lawsuit
American International Group Inc (AIG.N) won dismissal of a federal lawsuit accusing the troubled insurer of fraudulently shortchanging state workers' compensation pools out of...
Three men did the largest hacking with 130 million credit card details stolen
Three men were indicted on Monday for allegedly stealing more than 130 million credit and debit card numbers in what U.S. authorities said they...
FSA has imposed a public censure on Cheshire Life & Pensions
The Financial Services Authority (FSA) has today imposed a public censure on a Derbyshire financial advice firm for failing to ensure its advice on...
