An Alabama man drowned his new bride during a dive on Australia’s Great Barrier Reef in hopes of collecting $210,000 in insurance benefits and belongings that included her diamond engagement ring, a prosecutor told jurors in opening statements Tuesday. Gabe …
State prosecutors say a licensed public adjuster in northern New Jersey defrauded clients and insurance companies out of more than $36,000 by billing for repairs that were never done. Sheena Clarke of Englewood faces numerous charges — including insurance fraud, …
Alabama Gov. Robert Bentley has proposed a once-a-year sales tax holiday on weather radios, flashlights, generators and other supplies needed to help prepare for weather disasters. Bentley made the proposal at a news conference to announce that Feb. 19-24 would …
Four days before a tsunami devastated a Japanese nuclear plant, its operator promised a fuller assessment of the risk of such a disaster — but not for seven months. The disclosure in a three-page briefing paper obtained by The Associated …
The family of a 7-year-old girl who was slain is accusing managers of her apartment complex of failing to properly check the background of a maintenance man who later confessed to killing her. The Atlanta Journal-Constitution reported that Jorelys Rivera’s …
XL Group plc’s Select Professional insurance underwriting unit and Hays Affinity Solutions have teamed up to offer professional liability insurance for dentists nationwide. “This coverage provides dentists with indispensable financial protection to safeguard their livelihoods and keep their careers moving …
Online social networks cannot be forced to block users from downloading songs illegally, as this would push up their costs and infringe privacy, Europe’s highest court said on Thursday, adding to a worldwide debate on internet policing. The Luxembourg-based Court …
Legal wrangling over the proposed $8.5 billion settlement of some of Bank of America Corp.’s mortgage-backed securities liability could drag through the courts for years, a top appeals court judge said during arguments in the case. The 2nd U.S. Court …
Citigroup Inc. has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Wednesday’s settlement resolves claims under the federal False Claims Act …
Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system. It was reviewing …
