U.S.
U.S. Senate Bill Seeks to Wind Down Fannie Mae in Five Years
Fannie Mae and Freddie Mac would continue paying all of their profits to the Treasury for the next five years under bipartisan Senate legislation designed to wind down the U.S.-owned mortgage ...
Businesses, Insurers Disagree on Boston Bombing Payouts
Some businesses that reported financial losses as a result of the Boston Marathon explosions are still wrangling with their insurance companies over compensation or have had claims denied outright as ...
AFG Terminates Tender Offer for National Interstate Shares
The U.S. District Court for the Northern District of Ohio on March 14 stated that it would grant a motion for preliminary injunction enjoining the consummation of the tender offer of Great American ...
New York Grabs ‘Shaky’ Lead Over London As Top Financial Center
New York replaced London as the world's leading financial center for the first time, after the City was rocked by a series of scandals and questions over the U.K.'s place in the European Union. New ...
As Farmers Sign Up for 2014, Crop Insurance Reformers Fume
U.S. farmers last week finalized their crop insurance plans for spring planting with critics of the government-subsidized program saying insurers are set up for a bonanza after passage of the new ...
U.S. SEC Charges Brokers in Scheme to Profit From Terminally Ill Through VA Sales
U.S. securities regulators filed civil charges against two brokers and seven others, saying they were involved in a scheme to profit from the death of terminally ill patients through variable annuity ...
Uber Expands Insurance Coverage for Ridesharing Drivers
UberX on Friday expanded the insurance coverage it offers to ridesharing drivers, a step toward easing the concerns of U.S. regulators and lawmakers and creating broader acceptance of the services. ...
Senate OKs Bill to Curb Flood Insurance Hikes
The Senate on Thursday went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the ...