(Reuters) — American International Group Inc. on Monday said it has reached a settlement resolving a $2 billion lawsuit accusing a Philadelphia-area firm overcharging it for life insurance policies acquired from elderly people.

(Reuters) — News Corp. went to trial on Monday in a class action lawsuit that accuses the company of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.

Oklahoma’s Employee Injury Benefit Act is unconstitutional, Oklahoma Workers’ Compensation Commission has unanimously ruled.

XL Group P.L.C. on Monday said it intends to change the location of its incorporation to Bermuda from Dublin.

Hiscox Ltd. saw pretax profit dip 6.5% in 2015 to £216.1 million ($299.8 million) compared with 2014.

(Reuters) — The U.S. Supreme Court on Monday rejected a bid to force the state to pay the full share of its annual public pension contribution.

(Reuters) — IBM Security plans to acquire private cyber security firm Resilient Systems Inc., the computing giant said Monday.

Employees of a Georgia aviation insurance company are now required to remain locked and loaded at work — a policy that the owner feels is right on target.

Michael Thompson has been named president and CEO of the National Business Coalition on Health.