Only 15 States Plan to Operate Own Health Insurance Exchanges December 13, 2012 By David Morgan Only 15 U.S. states plan to operate health insurance exchanges under President Barack Obama’s reform law, leaving Washington with the...
Commentary: AIG ‘Profits’ an Insult to the Concept December 13, 2012 By James Saft To say taxpayers made money from their investment in AIG is to libel the very concept of profit. Come to...
Best Affirms United Services Automobile Ass’n. and Subs ‘A++’ Ratings December 13, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa”...
Hiscox, Rocket Lawyer Partner to Provide Resources to Small Businesses December 12, 2012 Hiscox has partnered with Rocket Lawyer, an online legal service, to provide small businesses with both insurance and legal advice....
Commentary: Lessons From Recent Decisions on Bad Faith Litigation December 12, 2012 By Robert D. Chesler and Nicholas R. Maxwell A rising tide of first-party bad faith decisions is defining the contours of the bad faith cause of action. Recently,...
States Plan to Sue EPA Over Greenhouse Gas Regulations December 12, 2012 By Andrew Longstreth A coalition of seven eastern states led by New York plans to sue the U.S. Environmental Protection Agency for failing...
Berkshire Hathaway Buys Back $1.2B of Stock December 12, 2012 Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price...
Best Sees No Change in AIG’s Ratings from U.S. Treasury Share Sale, ILFC Deal December 12, 2012 A.M. Best Co. has commented that the issuer credit rating of “bbb” of American International Group is unchanged following the...
Deaths of Bicyclists, Large Truck Occupants Rise as Other Traffic Fatalities Fall December 11, 2012 By Joan Lowy Deaths of bicyclists and occupants of large trucks rose sharply last year even as total traffic fatalities dropped to their...
Senate Debates Renewal of Federal Deposit Insurance But House May Balk December 11, 2012 By Emily Stephenson The U.S. Senate voted on Tuesday to begin debating a bill that would keep a financial crisis-era deposit insurance program...