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5 Financial Stories You May Have Missed – and Zombies

This week's financial stories include Richard Cordray, Lloyds, the U.S. Exchange Act, the Dodd-Frank Act, whistle-blowing, and the SEC Continue reading →

Largest Health Care Claims of 2011

The largest health care verdicts most frequently involve injured children in obstetric and pediatric cases, and this year was no different. Continue reading →

Largest Financial Services Claims of 2011

Headlines blazed in 2011 with stories about settlements and losses resulting from the credit crisis. But it wasn’t foreclosures and subprime issues that cost the banks the most money in the year past. It was an old bugaboo: the rogue … Continue reading →

Largest Aviation Claims of 2011

Aviation Claims

Aviation is a catastrophe business but thankfully 2011 has been another year without catastrophe. Continue reading →

Largest Executive Risks Claims of 2011

The case that is likely to have the most impact on executive risks and potentially on all federal class actions in the U.S. is the Wal-Mart decision. Continue reading →

Largest Renewable Energy Claims of 2011

Offshore wind insurance has fortunately not had the industrial mega claims yet, but there are a few close calls around that raise concern in the insurance sector. Continue reading →

Largest Chinese Claims of 2011

This country suffers more than its fair share of floods and earthquakes, whilst typhoons regularly wreak havoc on southern coastal areas. Continue reading →

SEC and Congress React to Court’s Blocked Citigroup / SEC Settlement

U.S. House Financial Services Committee hearing

There have been significant reactions to the court's refusal to accept the settlement between the SEC and Citigroup. Continue reading →

2011 Airline Claims set to be Lowest on Record

As 2011 draws to a close it will, barring a major catastrophe in the next 10 days, be one of the best years on record in terms of airline claims. Continue reading →

It’s a Wonderful Sub-Prime Life

It's A Wonderful Life (1946 movie)

The Bailey Building & Loan Association (BB&L) was one of the worst run banks in America. It would have topped the FDIC’s problem bank list, if such a list had existed in 1946. In fact it almost certainly would have failed every financial test of today’s regulators. Continue reading →