A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was...
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Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” And the next step in the strategy is the build of ALLIE –...
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Claims files often describe settlement as a sequence: obtain authority, communicate acceptance, issue the check, secure the release and close the claim. Operationally, that sequence makes sense. Legally, however, the...
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