Government
Alpha Natural Resources Seeking to Cover $400M in Mine Cleanup Liabilities
Alpha Natural Resources Inc no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 ...
Florida Coast Developers Can’t Resist Building
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million ...
Uber Expands Customer Monitoring, Data Collection
Uber Technologies Inc.'s new privacy policy released last week is shorter, easier to read and more expansive than before. The car booking company now more clearly tells its customers it can pretty ...
Texas Insurers Disappointed in Hail Claims Bill Failure
With the legislative session winding down in Texas, a measure sought by the insurance industry that its proponents say would help rein in litigation related to property insurance claims has died in ...
Rideshare Apps Slug It Out vs. Each Other, Taxis and World in New York
Uber and Lyft are among the tech companies pushing back at proposed rules by New York City's Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because ...
Low Interest Rates ‘Quite Harmful’ to Insurers: Blackrock CEO
Lowering interest rates around the world to boost the global economy has reached a point where it is now "quite harmful" to clients, including pension funds and insurers, BlackRock Inc. Chairman and ...
Florida High Court Nixes Applying Medical Malpractice Cap Retroactively
A 2003 law capping medical malpractice lawsuit awards at $500,000 can't be applied retroactively. That's what the Supreme Court ruled in a Miami-Dade County case in which a woman suffered permanent ...
Trial Begins for Dewey & LeBoeuf Executives Charged with Fraud
Nearly three years after the demise of law firm Dewey & LeBoeuf, a Manhattan prosecutor opened the criminal trial of three of the firm's former executives on Tuesday by accusing the trio of ...