Articles by Jeff Horwitz

‘No-Fault’ Pacts with Railroads Hold Amtrak Liable for Accidents It Didn’t Cause

Federal investigators are still looking at how CSX railway crews routed an Amtrak train into a parked freight train in Cayce, South Carolina, last weekend. But even if CSX should bear sole responsibility for the accident, Amtrak will likely end …

Questions Linger Over Trump’s $17M Insurance Payout in 2005 for Florida Club

Donald Trump says he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach. But The Associated Press has found little evidence of such large-scale damage. Two years after a series …

Presidential Hopeful Trump Vows to Make It Easier to Sue Media

Donald Trump said Friday he will weaken First Amendment protections for reporters as president, making it easier for him to sue them. The celebrity businessman turned Republican presidential front-runner said he wants to “open up” libel laws at a rally …

FHA Chief Watt Says Force-Placed Home Insurance Changes ‘Tough’

The Federal Housing Finance Agency has yet to deliver on changes to a controversial type of homeowners’ insurance even as its director told the Senate Banking Committee last week that it’s making progress. So-called force-placed insurance, which banks buy to …

New Force-Placed Insurance Rules Prompt $100 Million Agency Sale

One of the country’s largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn’t appear to exist. Harwood Service Co. has no website, no independent offices and only …