U.S.
ING Wins Deal to Sell Annuities to Allstate Auto, Home Customers
ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. ...
Group Health Plans Pick Up Tab for ‘Zero Cost’ Workers’ Compensation Claims: Study
Workers' compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance plans, new research shows. Nationwide, so-called "zero-cost" ...
Congress Could Address ‘Fast Track’ Trade Authority in Early 2014
The Obama administration could secure "fast-track" trade promotion authority from Congress early next year, a leading lawmaker said on Tuesday, handing it the means to secure two big new trade deals. ...
Q&A: Liability Insurance and Admitting Wrongdoing in SEC Settlements
Earlier this year, the U.S. Securities and Exchange Commission reached a settlement with New York-based hedge fund adviser Philip A. Falcone and his advisory firm Harbinger Capital Partners. The ...
Fidelity National Considering Sale of Assets
Fidelity National Financial Inc., the title insurer that also has restaurant businesses and an auto parts company, hired JPMorgan Chase & Co. to review possible divestitures of assets. The ...
U.S. Extends Permits for Wind Farms That Accidentally Kill Eagles
The Obama administration on Friday extended the length of permits that allow wind farms and other operations to accidentally kill protected eagles to 30 years, drawing fire from wildlife ...
Rate Gains Tapering in Commercial Lines: Towers Watson
Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains are slowing down, according to Towers ...
LA Sues Citi, Wells Fargo Over Discriminatory Mortgage Lending
The city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo, seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city's minority communities, a ...