U.S. to Sell $6 Billion in AIG Stock; AIG to Pay More to Taxpayers March 7, 2012 By Doug Palmer and Rachelle Younglai The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck...
Whistleblower Says BofA Defrauded Home Loan Remodification Program March 7, 2012 By Jessica Dye Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of...
Lawyer Claims Highest Known Workers’ Comp Settlement in California History March 7, 2012 By Don Jergler Attorney Christopher Asvar believes he has secured the highest known workers’ compensation insurance settlement in California history, totaling $8.9 million...
N.Y. Financial Services Staff Visit Neighborhoods Hit by Foreclosures March 7, 2012 By Young Ha Mortgage foreclosure prevention specialists from New York State Department of Financial Services will visit a New York City neighborhood that...
Louisiana High Court Says Storm Death Files Can Be Kept Secret March 7, 2012 The Louisiana Supreme Court has rejected an attempt by two news organizations to examine the files of a state investigation...
Liberty Mutual Posts $284M Q4 Income; $365M Profit for Full Year March 7, 2012 By Young Ha Liberty Mutual Group reported $284 million in net profit for 2011 fourth quarter — down 50.7 percent compared to the...
Louisiana Ranks 4th in Train-Vehicle Crashes, Injuries March 7, 2012 Louisiana recorded fewer vehicle-train collisions and fatalities last year, but the number of related injuries rose slightly. That’s according to...
Arizona Homebuilder Hit With Stiff Damage Award March 7, 2012 Several hundred Sun City Grand homeowners in Surprise have been awarded nearly $14 million in one of the largest construction-defect...
Oregon Senate Approves Health Insurance Exchange March 7, 2012 The Oregon Senate has approved a measure implementing an online marketplace where individuals and small businesses can shop for health...
Portland Sues Former Insurance Company Over Claims March 7, 2012 Portland is suing a former insurance carrier for $1.5 million in legal defense costs for claims involving nine employees. The...