New York University says an FM Global unit owes it $1.47 billion in insurance coverage in connection with property and business interruption losses sustained from 2012’s Superstorm Sandy. However, FM Global asserts the litigation is “without merit.”

Third quarter revenue slid 4.8% to $2.74 billion at Aon P.L.C. mainly as a result of foreign exchange effects as the brokerage saw positive organic growth in its Risk Solutions and HR Solutions segments.

Quakes rock Afghanistan. Tianjin blasts rock balance sheets. Conservatives rock Caddy tax foes. Icahn rocks AIG. And more from Business Insurance week in pictures.

Marsh Ltd. said Thursday it has broadened its D&O coverage under its Marsh Alpha policy.

(Reuters) — Warner Chilcott U.S. Sales L.L.C., now part of Botox maker Allergan P.L.C., agreed to plead guilty to felony health care fraud and pay $125 million to resolve U.S.

(Reuters) — A Delaware judge on Thursday dismissed a shareholder class action against Merrill Lynch for its role in the buyout of the Zale Corp. jewelry chain, reversing a ruling from just four weeks earlier.

(Reuters) — A cyber attack on TalkTalk Telecom Group P.L.C. accessed the bank details of more than 20,000 customers, the U.K. company said Friday, describing it as a much lower figure than originally feared.

Leatherface strikes again.

American International Group Inc. is investing $4 million with Clemson University to develop a risk engineering and analytics center and to establish a professorship in honor of its late president and CEO, Robert Benmosche.