U.S.
Bank of America Cleared For Concealing $10B AIG Fraud Lawsuit
A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a ...
Long Wildfire Season Ahead; Weary Crews Prepare
Firefighters scoured charred hillsides north of San Diego on Saturday to guard against a resurgence of flames that ripped through the region, while the last of tens of thousands of evacuees prepared ...
U.S. Infrastructure Vulnerable to Cyber Risks; Experts Say CEOs Too Complacent
After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs ...Farmers Insurance Class Actions May Signal Wave of Climate-Change Suits
A major insurance company is accusing dozens of localities in Illinois of failing to prepare for severe rains and flooding in lawsuits that are the first in what could be a wave of litigation over ...
Florida Cat Fund Has $13B as Hurricane Season Starts
Florida is entering a new hurricane season with continued good news. The state-created fund that backs up private insurers in Florida has billions in the bank and appears capable of withstanding a ...
The Hartford Employees ‘Mob’ Small Business to Boost Sales, Show Support
Hundreds of employees of The Hartford showed up at local businesses in 14 cities with money to spend, forming "Hart Mobs" in support of small business. By patronizing local businesses in cities ...
Drought in Some Plains States Worse Than During Dust Bowl
The sky turns pink or brown as the dust clouds billow and swirl on the Southern Plains, leaving those caught outdoors with grit on their teeth and in their eyes, much like the days of the Dust Bowl. ...
Dogs Biting U.S. Insurers; Record Claims in 2013
Dog-bite claims for U.S. insurers climbed 5.5 percent last year to 17,359, breaking the record from 2003. New York had the costliest attacks among states with the most incidents. The assaults cost ...