Three men who worked at a DuPont Co. nylon plant in Argentina are suing the chemical manufacturer, claiming that it failed to protect them from asbestos that has left them seriously ill. The plaintiffs claim that DuPont has known of …
The U.S. Supreme Court overruled President Barack Obama’s high court nominee Sonia Sotomayor Monday in an important race discrimination case, but the White House remained confident she would be approved. The court’s 5-4 ruling held that the city of New …
The top U.S. accounting rulemaker denounced the “politicization” of accounting standards on Friday, three months after he was pressured by Congress to make changes that would help banks’ results. Financial Accounting Standards Board Chairman Robert Herz said lobbying by special …
Hartford Financial Services Group Inc. said Friday it has taken $3.4 billion of federal bailout money, the maximum it was authorized to accept, to bolster capital in the wake of large investment losses. The Hartford, Connecticut-based company is one of …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to CastlePoint Florida Insurance Company with stable outlooks. “CFIC is a newly formed insurance company that received a certificate of authority from …
Dallas-based Apex Global Partners (AGP) has acquired the Corrigan Jordan Insurance Agency, a privately owned insurance and risk management brokerage also headquartered in Dallas. Corrigan Jordan has been providing corporate clients with multi line insurance and risk management products and …
Gov. Mitch Daniels has said he was prepared to keep essential services such as public safety running if lawmakers do not pass a budget by midnight June 30, but warned that most of state government would shut down. Daniels said …
Wisconsin drivers would have to buy liability insurance for their vehicles but illegal immigrants would not be issued special cards so they could drive legally on the state’s roads under the state budget poised to pass the Legislature. The new …
Although two juries have sided with BNSF Railway Co. in separate lawsuits claiming chemicals in a railroad tie plant in Central Texas caused cancer, dozens of similar lawsuits will go forward, an attorney said. Jurors deliberated less than two hours …
Indiana drivers under age 18 will soon be breaking the law if they use a cell phone while driving, as will school bus drivers who fail to make sure all students are off the bus at the end of their …
