In a renewed attack against President Barack Obama’s healthcare overhaul program, House Republicans voted Tuesday to deny funding for a central element of the law that sets up marketplaces for people to shop for health insurance coverage. The bill passed …
American International Group sued two money management firms Thursday as the bailed-out insurer launched a fight to recoup billions of dollars it said it lost due to fraud. The insurer, 92 percent owned by the U.S. government, sued ICP Asset …
An investigator who examined the safety device that failed to prevent last year’s BP oil spill said Monday his firm did not skip critical tests under pressure to meet a deadline to file a report on what caused the contraption …
The Justice Department has agreed to pay $2.3 million to a couple who claimed inadequate care at Portsmouth Naval Medical Center caused their child to be born with neurological damage. The Virginian-Pilot reports that a federal judge approved the settlement …
As many as 1 million Pennsylvania homes sit above abandoned coal mines, yet a state-subsidized insurance program for mine subsidence has issued only 58,000 policies. Abandoned mines are in 43 of Pennsylvania’s 67 counties, including in Allegheny, Westmoreland, Armstrong, Beaver, …
Tropical cyclones are expected to cause more damage in the United States and Asia but it could be more than a century before insurers can point to climate change as a factor in losses from storms, scientists say. In a …
Some of the United States’ top bankers descended on a law firm in midtown Manhattan Thursday to pitch for what could be one of the largest share sales in history — a secondary offering for bailed-out insurer American International Group …
A lawsuit is threatening to slow down or even halt work to strengthen a New Orleans canal that broke catastrophically during Hurricane Katrina. Homeowners with backyards along the 17th Street Canal filed a civil suit in state court on Jan. …
Republicans in the Wisconsin Legislature are aiming to repeal most of the auto insurance coverage increases mandated by Democrats, which industry and state regulators blame for higher premiums. Drivers would still be required to carry car insurance, a change that …
Louisiana officials have filed ethics charges against former Jefferson Parish President Aaron Broussard and his former top administrator. The Times-Picayune reported that most of charges filed by the state ethics board are tied to an agreement between a private insurance …
