Lloyd's of London

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Kanye West Canceled His Tour. Now He's Suing

The rapper is seeking $10M from insurers

(Newser) - Last November, Kanye West canceled the remainder of his Saint Pablo Tour following odd statements about Beyonce and President Trump and a hospitalization for a "psychological breakdown," per Rolling Stone . On Tuesday, West's Very Good Touring company sued various syndicates of Lloyd's of London for $10... More »

Nickelback Frontman Sued By Own Insurance Company

Lloyd's of London sues to cancel band's insurance policy

(Newser) - After Nickelback was forced to cancel more than 60 summer concerts due to a cyst on lead singer Chad Kroeger's vocal cords, Kroeger filed a $13 million claim with the band's insurance company to cover the losses. But Lloyd's of London is now suing Kroeger, claiming the... More »

Saudis Funded al-Qaeda, Enabled 9/11 Attacks: Suit

Claims country backed banks, charities that supported terrorist group

(Newser) - A syndicate of Britain’s Lloyd’s insurance company is suing Saudi Arabia on the assertion that the country gave material support to al-Qaeda in the years before 9/11, the Independent reports. The syndicate wants repayment of the $215 million it gave to victims of the 9/11 attacks; the company... More »

Move to Nationalize UK Bank Sparks Fury

Shareholders expected to battle public ownership

(Newser) - Furious shareholders concerned about the risk to their investments are blasting the British government's decision to nationalize ailing Northern Rock bank. The British Treasury is expected to face lengthy legal action from investors once the government formally announces details of the takeover today. Trading in bank shares is being suspended,... More »

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