Government
Cantor Fitzgerald, American Airlines Agree to 9/11 Suit Settlement
Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc. and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade ...
Florida’s Citizens Says Clearinghouse Delay Allows More Insurers to Join
Florida's state-backed property insurer announced that the debut of a new web-based clearinghouse would be delayed for a few weeks in order to ensure it is working efficiently and to allow more ...
Treasury’s FIO Releases Long-Awaited Modernization Report
After nearly two years of delays, the U.S. Department of the Treasury's Federal Insurance Office (FIO) today released its report on how to modernize and improve the system of insurance regulation in ...
U.S. Authorities Nearing $2B Settlement with JPMorgan on Madoff Violations
JPMorgan Chase & Co is working with criminal and regulatory authorities on settlements over the bank's relationship with convicted Ponzi schemer Bernard Madoff, ones that would involve $2 billion ...
Are Wireless Cos. Resisting Antitheft Switch to Sell Insurance, Asks NY AG
New York State attorney general is investigating why American cellphone carriers are yet to support antitheft software on Samsung smartphones, raising questions about possible coordination among the ...
Fragmentation Will Damage Global Internet, Warns Kaspersky CEO
Governments around the world may be compelled to wall off their Internet systems as nations and companies move to protect sensitive data amid increasing cybercrime and espionage, Kaspersky Lab Chief ...
Group Health Plans Pick Up Tab for ‘Zero Cost’ Workers’ Compensation Claims: Study
Workers' compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance plans, new research shows. Nationwide, so-called "zero-cost" ...
Congress Could Address ‘Fast Track’ Trade Authority in Early 2014
The Obama administration could secure "fast-track" trade promotion authority from Congress early next year, a leading lawmaker said on Tuesday, handing it the means to secure two big new trade deals. ...