U.S.
Penn State Settles First of Sandusky Sex Abuse Lawsuits
Pennsylvania State University agreed to settle the first of 31 suits filed in the sex-abuse scandal involving ex-football coach Jerry Sandusky, with about 25 more set to settle, lawyers in the ...
Study Points To Post-Katrina Strengths, Challenges
Recovery after Hurricane Katrina has been a major reason for a doubling of construction jobs around New Orleans, a new study shows. That's one of many positive post-Katrina economic signs as the ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
Classic-Auto Values Rise 54% Reviving Detroit Repair Shops, Specialty Insurance Market
In car-crazy Detroit, a booming auto industry means more than a paycheck and benefits. For thousands of people who make their living off of cars, it also means again having the cash to baby their ...
Will BP’s Hard-Line Legal Tactics Backfire?
BP's hard-line legal tactics aimed at capping the financial blowout from the 2010 Gulf of Mexico oil disaster will backfire, according to Joe Rice, negotiator of last year's settlement on behalf of ...
Hundred-Dollar Stocks Double as CEOs Dismiss Split Decision
Stock splits are losing their allure with American executives amid one of the broadest rallies ever, sending the number of shares trading above $100 to a record and showing the rising dominance of ...
More Reforms Needed for Flood, Wind Insurance Programs: Concerned Scientists
A new report this week from the Union of Concerned Scientists, a watchdog group, warns that sea level rise and worsening storm surge are increasing both the risks of flooding in coastal communities ...
U.S. Homebuilder Confidence Highest Level Since ’05; Jobless Claims Lowest Since ’07
Confidence among U.S. homebuilders rose in August to the highest level since 2005 as demand for new homes supports the market amid rising mortgage rates. The National Association of Home ...