Features
AIG May Pursue Fraud Case Against BofA’s Countrywide, Judge Rules
American International Group Inc. may pursue a lawsuit accusing Bank of America Corp's Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential ...
Many Bosses ‘Cook the Books’ to Meet Tough Goals: Fraud Survey
Hard-pressed company bosses across much of the world are under so much pressure to deliver on growth that many have resorted to cooking the books, Ernst & Young says in its latest fraud survey ...
How Imports Support U.S. Jobs Including Insurance
A new report credits imports with supporting 16 million U.S. jobs in a bid by business groups to improve the image of the ugly brother of trade. While politicians from President Barack Obama on down ...
NAIC CEO Nelson Explains Affordable Care Vote, Warns Feds ‘Stay In Your Lane’
Spending roughly a dozen years in the U.S. Senate taught the new CEO of the National Association of Insurance Commissioners (NAIC) how to play defense, he revealed during an industry meeting last ...
Lessons of Reinhart-Rogoff: Lawrence Summers
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...
Buffett: Berkshire to Become ‘Significant Factor’ in Commercial Insurance
Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). "I ...
Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates
"On medication" may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. ...
Excess Testing, Not Medical Malpractice Payouts, Driving Up Health Costs: Study
Efforts to lower health care costs in the United States have focused at times on demands to reform the medical malpractice system, with some researchers asserting that large, headline-grabbing and ...