Government
Emotional Amtrak CEO Pledges to Implement Track Safety Tech
An emotional Amtrak CEO pledged to lawmakers Tuesday that safety technology that could have prevented a deadly derailment last month in Philadelphia will be put into operation, while Democrats and ...
Bond Insurers May Prevent Revamp Extension for Puerto Rico Electric Utility
Puerto Rico's junk-rated electric utility, weeks away from owing a $416 million debt payment, is moving closer to a legal showdown as bond insurers consider blocking a move to give it more time to ...
Outgoing Flood Insurance Program Director Blasts Inefficiencies
The outgoing director of the National Flood Insurance Program (NFIP) says the program is a "melting iceberg" that is incapable of properly managing its various players including the private insurance ...
Hundreds of Sandy Flood Victims Contact FEMA For Damage Claims Review
Close to 1,000 Sandy flood victims have contacted the Federal Emergency Management Agency to have their damage claims reviewed since the government entity offered to do so in a first round of letters ...
Illinois Signs Connecticut Insurance Dept. Acting Commissioner to Top Regulator Job
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner's office made the announcement on ...
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 ...