Insurers’ Recent Success a Milestone in a Year of Chinese Drywall Litigation December 23, 2010 A federal judge in Louisiana recently let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from...
Democratic Congress Productive But Unpopular December 23, 2010 Perhaps never before has a U.S. Congress done more and been liked less than the one controlled by President Barack...
President Obama Expected to Sign Food Safety Overhaul Bill December 22, 2010 By Christopher Doering The ailing U.S. food safety system moved closer Tuesday toward its biggest overhaul in more than 70 years after the...
Wisconsin Settlement with Time Insurance Co. Includes $280K Fine December 22, 2010 Wisconsin Insurance Commissioner Sean Dilweg announced a regulatory settlement with Time Insurance Co., a health insurer headquartered in Milwaukee, that...
Oklahoma Legislator to Continue Push for Workers’ Comp Reform December 22, 2010 An Oklahoma state representative says he’s prepared to introduce legislation to further improve the state’s workers’ compensation system. Rep. Mark...
SPECIAL REUTERS REPORT: Inside AIG’s Tortuous Turnaround December 22, 2010 By David Lawder and Paritosh Bansal During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group...
Health Insurers Face New Scrutiny Over Price Hikes December 22, 2010 By Susan Heavey U.S. health insurance companies that want to increase premiums by 10 percent or more next year would face tougher government...
New York Suit Accuses Ernst & Young of Hiding Lehman Troubles December 22, 2010 By Grant McCool Accounting firm Ernst & Young was sued by New York prosecutors over allegations it helped to hide Lehman Brothers’ financial...
Feds Pursuing Fraud Charges Against Oil Spill Claimants in 5 States December 21, 2010 A woman was indicted last week in the Eastern District of Louisiana for allegedly filing fraudulent claims for compensation due...
State Inaction Risks Loss of Surplus Lines Premium Tax Revenue December 21, 2010 By Richard A. Brown The States appear poised, through inaction, to leave untold millions of dollars in premium tax revenue “on the table” when...