Government
Typhoon Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses
The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European ...
Cyber-Attacks Increasing Threat to U.S., Major Terror Attack Threats Lower: FBI Director
Attacks on the Internet are a growing threat, and Congress needs to protect companies from being sued for providing information to the government when they've been targeted, security officials told a ...
Supreme Court to Hear Halliburton Securities Class Action
The U.S. Supreme Court, which in recent years has ruled for business in a string of high-profile cases, agreed on Friday to hear a case that could herald a dramatic decline in securities class action ...
Insurance for Futures Seen Feasible After MF Global’s Collapse
Insurance against losses for U.S. futures customers may be feasible, according to a study commissioned after MF Global Holdings Ltd. and Peregrine Financial Group Inc. collapsed. The study, ...
European Insurers Relieved By Less Burdensome Solvency II
European insurers breathed a sigh of relief on Thursday that a deal on new capital requirements was less burdensome than initially feared, ending an uncertainty which has been hanging over the sector ...
Lenders Miss Out on Supreme Court Showdown; New Jersey ‘Disparate Impact’ Case Settles
The settlement of a New Jersey housing-bias lawsuit scuttles a U.S. Supreme Court showdown that might have shielded lenders from discrimination suits pressed by the Obama administration. The Supreme ...
House Passes Bill Requiring Reporting by Asbestos Victims’ Trusts
Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, ...
European Politicians Reach Deal on Solvency II Insurance Rules
European politicians reached an agreement paving the way for new rules designed to make insurance companies safer after 13 years of wrangling with the industry and regulators. The European ...