Government
Investigators Probe Germanwings Jetliner Crash Mystery
Investigators probing the crash of a Germanwings jetliner in the foothills of the French Alps will seek to determine why the aircraft made a rapid descent spanning eight minutes without a single ...
FAA Loosens Some Requirements for Commercial Drone Permits
Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining ...
The answer to an underwriting or claims question may already be in the file. Getting to it can mean opening...
New York Regulators Launch Price Optimization Inquiry
The New York Department of Financial Services (DFS) is seeking information about price optimization from hundreds of property/casualty insurers operating in the state. New York joins a growing number ...
First Federal Fracking Rules Face Challenge From Oil Industry
U.S. drillers already reeling from a six-month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit. After three years of debate, ...
Fireman’s Fund Settles Crop Insurance Fraud Charges for $44M
Fireman's Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department ...
International Capital Standards Will be Slow in Coming: FIO’s McRaith
Insurers could see some version of an international capital standard by 2016, Federal Insurance Office Director Michael McRaith told a recent gathering of industry professionals in Washington, D.C. ...
AIG Investors’ $970.5M Settlement Approved
American International Group Inc. shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity ...
Western U.S. Drought Pressures Expected to Intensify
Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday. "Periods ...