LexisNexis® Legal Newsroom
AIG Pays $23M In Gulf Oil Spill Claims; Total May Rise

NEW YORK - (AP) Taxpayers took another hit, this one indirect, from the oil spill caused by the Deepwater Horizon rig explosion through insurance claims related to the disaster. AIG, the insurance giant that is 80 percent owned by the government, said it paid approximately $23 million in claims following...

Video: Endurance's Gow On Trends In Cyber Coverage

Brad Gow has held leadership positions with ACE, AIG and Zurich N.A. He is now with Endurance Specialty Holdings and speaking again at the NetDiligence® Cyber Risk & Privacy Liability Forum June 9 to 10, 2011, in Philadelphia, co-produced by HB Litigation Conferences . Hear what Gow had to say...

AIG Sues Bank Of America For $10 Billion Over Mortgages

NEW YORK - (AP) More trouble piled up for Bank of America Corp. on Monday, as American International Group Inc. sued it for more than $10 billion, saying the bank cheated it by selling residential mortgage-backed securities that were overvalued. The suit comes on top of similar suits, which together...