Government
Bipartisan Optimism Over Deficit, Sequestration As Sweet As Syrup At Insurance Confab
The political stalemate in Washington regarding the deficit and sequestration is not as dire or depressing as most people and pundits proclaim, and is in fact a positive sign that the country is ...Insurers Split Over Proposed Changes to Florida Guaranty Fund
Florida lawmakers have kept alive a bill that would alter the method of funding the state fund that pays the claims of insolvent property insurers even though the change could increase costs and does ...Lawsuits Up, Regulatory Actions At Record Levels in 2012: Survey
International law firm Fulbright & Jaworski reports that companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a ...Fans Injured At Daytona NASCAR Race Explore Legal Options
The attorney for three NASCAR fans injured last weekend during a race the day before the Daytona 500 says they are exploring a possible lawsuit, but some experts say they could face tough obstacles ...Class-Actions Filed Over Watered-Down Beer
Beer lovers across the United States have accused Anheuser-Busch of watering down its Budweiser, Michelob and other brands, in class-action suits seeking millions in damages. The suits, filed in ...
Providence Sues Actuary Over Pension Calculations
The city of Providence sued its longtime actuary Tuesday, claiming it made "fundamental and inexcusable errors" in calculating the projected savings from a pension system overhaul that will cost the ...Bernanke: Jobless Rate Won’t Fall To 6% Until 2016
The U.S. jobless rate is unlikely to reach more normal levels for several years, Federal Reserve Chairman Ben Bernanke said on Wednesday as he again defended the central bank's forceful easing of ...Bankruptcy Judge Approves Dewey & LeBoeuf Plan; $50M Insurance Proceeds Could Be Tapped
A federal bankruptcy judge approved the liquidation plan for Dewey & LeBoeuf on Wednesday, a milestone in the winding down of the collapsed law firm that paves the way for creditors to recover ...