Bank of America Corp has won the dismissal of an unusual lawsuit by shareholders accusing it of concealing a $10 billion fraud case brought by American International Group Inc.

Bank of America Corp has won the dismissal of an unusual lawsuit by shareholders accusing it of concealing a $10 billion fraud case brought by American International Group Inc.

Insurers will have to pay out up to $1.75 billion in claims after the storm that swept through northern Europe in late October, broker Willis Re estimates.

Zurich Insurance said on Monday its finance chief Pierre Wauthier was not subjected to "undue pressure" before he committed suicide and its chairman admitted he was unable to explain the motivation for his tragic decision.

Virginia's Supreme Court on Oct. 31 overturned a jury decision that found Virginia Tech University negligent in the 2007 massacre at the school in which 32 people were killed.

Insurers are set to pay 300-500 million pounds (about US$480-800 million) to cover UK claims related to damage caused by the St Jude's Day storm, Willis Re estimates, keeping profits intact despite the human cost.

Insurers are set to pay 300-500 million pounds (about US$480-800 million) to cover UK claims related to damage caused by the St Jude's Day storm, Willis Re estimates, keeping profits intact despite the human cost.

Insurer Hartford Financial Services Group's third-quarter operating profit beat analysts' average estimate as pricing rose 8 percent in its P&C casualty commercial business.