U.S.
Fed Response to Financial Crisis Could Have Been More Aggressive: Bernanke
Former Federal Reserve Chairman Ben Bernanke said the U.S. central bank could have done more to fight the country's financial crisis and that he struggled to find the right way to communicate with ...
N.Y.’s ‘Scaffold’ Law Increases Injuries, Costs $3B a Year: Study
A study published this month challenges the claim that New York's Labor Law 240, also known as the "Scaffold Law," improves workplace safety. The study argues New York incurs additional workplace ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
Judge OKs JPMorgan $300M Settlement Over Force-Placed Insurance
A U.S. judge has approved a settlement of a class-action lawsuit against JPMorgan Chase for its force-placed insurance practices, an agreement that could pay more than $300 million to about 750,000 ...
Court Rejects BP Appeal of Gulf Oil Spill Settlement Terms
BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill, a federal appeals court ruled in rejecting the company's objections that the deal is being ...
Wanna’ Get Away? Severe Winter Making It Tough
Severe winter weather cost U.S. airline passengers $5.3 billion in expenses and missed workdays as carriers canceled and delayed trips in the worst period of flight disruption since Sept. 11. The ...
Employee Count Down 16% at The Hartford
Hartford Financial Services Group Inc. cut its staff by 16 percent last year as Chief Executive Officer Liam McGee narrowed the insurer's focus. The insurer had about 18,800 employees as of Dec. 31, ...
Texas Likely to Become an ‘NCCI State’ for Workers Comp; Question Is When
Texas will be privatizing many functions in its workers compensation system if Insurance Commissioner Julia Rathgeber approves a staff petition to adopt the National Council on Compensation Insurance ...
Insurers Took Some of Cyber Breach Impact, Target Says
Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe ...