The Obama administration Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of dollars. The lawsuit seeks damages from the …
The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted final approval to Chubb Insurance (China) Company Limited, an indirect wholly owned subsidiary, to establish a branch in Nanjing, Jiangsu Province. Chubb said it “expects to open …
Madison, Wis., is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) according to the seventh annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. Olympia, Wash., is the most …
Chicago-based Aon Risk Solutions, the global risk management business of Aon Corp. has launched a public entity practice to address and work to fulfill increased demand among state governments, counties, towns, special districts and public schools for specialized risk advice …
Members of the World Trade Organization are showing new energy and determination to reach a global trade deal but must now abandon fixed positions to clinch the agreement, the head of the WTO said on Tuesday. WTO Director-General Pascal Lamy …
President Barack Obama’s sweeping plan to extend expiring tax cuts for millions of Americans headed for overwhelming passage in the U.S. Senate on Wednesday as it moved through Congress. While the Senate neared a rare bipartisan vote on the bill …
A deal that President Barack Obama struck with Republicans to extend expiring tax cuts for nearly every working American and spur job growth sailed through the U.S. Senate Wednesday. The Senate passed the legislation in a 81 to 19 vote. …
The South Carolina economy improved in 2010 and will continue to recover in 2011 with better job growth. But the improvement next year will happen slowly. Job growth is expected to increase to 1.2 percent in 2011 from 0.1 percent …
Enrollment in Missouri’s health care plan for state workers and retirees has fallen almost 5 percent after the state announced it was making budget-cutting changes that would result in higher out-of-pocket costs for participants. Beginning Jan. 1, the Missouri Consolidated …
The European Union formally backed Russia’s bid to join the World Trade Organization on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying. EU Trade Commissioner Karel De Gucht and Russian Economic …
