Government
Icy Arctic Rising As Economic, Security Hot Spot
The icy Arctic is emerging as a global economic hot spot— and one that is becoming a security concern for the United States as world powers jockey to tap its vast energy resources and stake out ...Business Frets At Terrorism Tag Of Marathon Attack
President Barack Obama's declaration that the Boston Marathon bombings were an act of terrorism could make it difficult for many affected businesses to be reimbursed for losses resulting from the ...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government's program to help pay terrorism ...
As in Greenberg Case, New York May Drop Claims Against BofA Over Merrill
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over ...
London Courts Popular Destination for ‘Legal Tourists’
Foreigners brought almost two-thirds of all lawsuits heard in London's leading commercial court over the last five years, according to a new survey, cementing the city's reputation as the venue of ...
Warning: Online Background Checks May Violate Fair Credit Law
Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act. The Federal Trade Commission sent ...
New Jersey Gov. Christie Signs Single-Page Homeowners Summary Bill
New Jersey Gov. Chris Christie has signed into law a bill that aims to help homeowners better understand their insurance policies. The legislation (A3642/S2502) requires homeowners' insurers to give ...
U.S. Gets Green Light to Sue BofA Over Mortgages Under Untested Theory
A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp. over its sale of toxic mortgages to Fannie Mae and Freddie Mac, boosting a ...