Government
S&P Wants 15 State Lawsuits Over Ratings Brought to New York
McGraw Hill Financial Inc. and Standard & Poor's asked a panel of judges to pack up 15 state lawsuits in which they're accused of inflating securities ratings and ship them to New York where the ...
Obama Administration Issues Rules on Workplace Wellness Programs
Employees will be eligible for significantly lower premiums on the health insurance they buy through their employers if they participate in "workplace wellness programs," even if they don't improve ...
Swaps Repair Sought as Governments Trash Insurance: Euro Credit
The credit derivatives market is undergoing its biggest overhaul in a decade with proposals to make sure that bondholders can be compensated for losses imposed as part of bank rescues. Flaws revealed ...
New York State: Ex-AIG Chief Greenberg Should Face Trial
Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims ...
Indian Refiners Decline Iran Insurance Offer
Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. ...New York Regulator Requests Details on Insurers’ Cyber Security Plans
New York's top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks ...
Supreme Court Lets Stand Ruling on Disabled Employee’s Right to Job
The U.S. Supreme Court turned away an appeal by United Airlines that sought to limit a federal law that requires employers to accommodate disabled workers. The justices today left intact a federal ...