A bill approved unanimously by a South Carolina legislative panel on Wednesday would make the director of state insurance agency an elected position. The proposal would put South Carolina in line with 11 states that elect insurance chiefs, according to …
A mounting U.S. deficit could pose a much greater threat to the survival of President Barack Obama’s healthcare reforms than either the Supreme Court or 2012 elections. Many health experts say innovations in delivering medical care and the creation of …
U.S. healthcare reforms have enabled 2.5 million young adults to join or remain in their parents’ health insurance plans, the U.S. government said this week, up from 1 million reported earlier this year. Federal officials fully credited the gains to …
Owners of thousands of U.S. homes tainted with foul-smelling Chinese drywall agreed to a legal settlement on Thursday with a German manufacturer. An attorney for the plaintiffs, Russ Herman, said the settlement reached with Knauf International was worth $800 million …
An upcoming cycle of stormy solar activity risks causing damage to electrical transformers and threatening vulnerable energy infrastructure around the globe, a report by an insurance group says. The sun follows a predictable 11 year activity cycle, with the next …
Toyota Motor Corp has won the dismissal of a U.S. lawsuit brought by vehicle owners in 14 other countries who said their Toyotas lost value because of the Japanese automaker’s mishandling of alleged unintended acceleration problems. U.S. District Judge James …
Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates. Marsh said 48 percent of property …
A U.S. judge granted Netflix’s bid to resolve all claims in its favor before trial in an antitrust class action, in which plaintiffs had sought hundreds of millions of dollars in damages. Netflix was sued in 2009, with plaintiffs claiming …
The breakdown of deficit talks in Congress will exact little pain on the U.S. healthcare industry, but it’s a temporary reprieve from steeper cuts that could be put back on the table in 2013. The failure of the congressional “super …
A company run by former American International Group Inc Chief Executive Maurice “Hank” Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional. The lawsuit marks an unusual effort to force the government …
