August 15, 2019
Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal. U.S. Tax Court Judge David Gustafson ruled at a court hearing that a partnership led by …
December 5, 2018
Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth hundreds of millions of dollars to …
August 30, 2017
Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance industry and accelerate payouts for harried policyholders. …
August 29, 2017
Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20 billion. That would make …
February 21, 2017
A controversial North Dakota bill that sought to shield motorists from liability if they unintentionally hit a protester on a roadway, injuring or killing them failed to garner enough support from lawmakers. House Bill 1203, introduced in January by Republicans, …
November 18, 2016
New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall Street corruption. New York Attorney General Eric Schneiderman said on Thursday …
November 17, 2016
State securities regulators said they may have to rely more heavily on local laws to police banks and finance companies if President-elect Donald Trump and a Republican-controlled Congress roll back federal reforms introduced after the financial crisis. For example, New …
October 14, 2016
A Chicago-based disability rights group has filed a federal lawsuit against Uber Technologies Inc. alleging the ride-hailing company has violated wheelchair accessibility laws. The lawsuit, filed by Access Living of Metropolitan Chicago and three disabled people associated with the group, …
July 29, 2013
Victims in Tennessee of a deadly U.S. meningitis outbreak won the right to pursue a new avenue of litigation against healthcare facilities and doctors there, after a ruling by a U.S. bankruptcy judge this week. Tennessee was the second hardest-hit …
April 17, 2013
Investigators believe they have identified a suspect in the Boston Marathon bombing from security video and an official statement was expected later in the day, a U.S. law enforcement source said on Wednesday. However, no arrest had been made, three …