Judge Stays Discovery in AIG RICO Case

A federal magistrate has stayed discovery in the complex Chicago lawsuit that pits American International Group (AIG) against the National Council on Compensation Insurance and the nation's other major workers' compensation carriers while the industry digests AIG's allegations of systematic underreporting of premiums.Judge Sidney I. Schenkier, presiding magistrate for the U.S. Northern District of Illinois Court, stayed all discovery in the complex Racketeer Influenced and Corrupt Organizations (RICO) case until June 17. Schenkier scheduled a hearing at 9:30 a.m. (CDT) June 17 on a...