U.S.
How Government Shutdown Will Affect P/C Insurance Industry
The property/casualty insurance industry should not be seriously affected by the federal government shutdown. Since the industry is largely regulated by the states, not Washington, the impact on the ...
Federal Agencies Overseeing Financial Markets to Operate During Shutdown
U.S. oversight of financial markets and institutions will operate largely as usual in the event of a government shutdown because most regulators are funded with independent revenue. An exception ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
New York’s Regulator Urges Obamacare-Like Standardization of Homeowners Policies
Homeowners' insurance needs to be more standardized because customers are confused about what their policies protect, New York's financial regulator said. Few fully understand all the complexities of ...
BP Lied About Size of U.S. Gulf Oil Spill, Lawyers Say
In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the ...
SEC Open for Biz During Early Weeks of Shutdown
The U.S. Securities and Exchange Commission would continue reviewing IPO applications and monitoring markets as normal in the early weeks of a government shutdown, but market players are increasingly ...
Flood Insurance Premiums Rising Along NJ Coast
Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from ...
Moving Beyond Golf Balls and Diapers in Cleaning Up Energy Disasters
Diaper liner, sawdust, golf balls and shredded tires -- these are some of the items used to try and contain the oil and nuclear disasters that marked the end of this century's first decade and the ...Preview: BP Battles for Billions in New Gulf Trial Phase
BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. ...