Asiana Could Save Millions Under Provision Limiting Passenger Suits in U.S. July 9, 2013 By Erik Larson Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international...
Coastal Lawmakers Seek Delays in Flood Insurance Changes, Rate Hikes July 8, 2013 By Andrew Taylor Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners...
Commercial Insurance Rates Up 5% Again in June: MarketScout July 8, 2013 Increases for commercial property/casualty insurance rates in the United States were again about 5 percent during June, the fourth straight...
Senator Seeks Review of Consumer Bureau Data Collection July 8, 2013 By Cheyenne Hopkins The U.S. Senate Banking Committee’s top Republican is asking the investigative arm of Congress to determine whether the Consumer Financial...
Employers Welcome Delay in Obamacare Mandate; Workers, States Concerned July 8, 2013 By Alex Nussbaum, Alex Wayne and Shannon Pettypiece While businesses hailed President Barack Obama’s decision to delay penalizing companies that fail to offer benefits under the health law,...
Another Obamacare Requirement Delayed July 8, 2013 By David Morgan Days after delaying health insurance requirements for employers, the Obama administration has decided to roll back requirements for new state...
Tropical Storm Chantal May Form in Atlantic This Week July 7, 2013 By Brian K. Sullivan Tropical Storm Chantal strengthened as it moved west across the Atlantic toward the Lesser Antilles, including the islands of Martinique...
Prudential Will Appeal SIFI Designation; AIG, GE Will Not July 3, 2013 By Zachary Tracer and Tim Catts Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk...
Insurers, State Regulators Try to Block Bank-Like Rules by Federal Reserve July 3, 2013 By Craig Torres and Zachary Tracer MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee...
Court Asks Former FBI Director Freeh to Probe BP Claims July 3, 2013 Former FBI Director Louis Freeh will investigate possible misconduct by a lawyer involved in making payments to settle claims by...