U.S. judge on Tuesday approved a $72 million settlement to resolve shareholder claims that Berkshire Hathaway Inc's General Re Corp engaged in a sham deal that helped inflate AIG's reserves.

A federal judge on Wednesday approved a $115 million settlement between AIG shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged improper accounting at the insurance giant.

A federal judge on Wednesday approved a $115 million settlement between AIG shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged improper accounting at the insurance giant.

Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.

Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.

A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.

A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.