On a June morning in 2012, New York bank examiners paid surprise visits to the offices of Ocwen Financial Corp., the biggest non-bank mortgage servicer. That break with tradition — examiners typically set up appointments in advance of inspections — …
Sandia National Laboratories is bringing decades of experience solving problems with practical engineering and modeling complex systems to cities around the world under a new agreement to support the 100 Resilient Cities Centennial Challenge, pioneered by the Rockefeller Foundation. The …
The president of Freedom Industries “bears no fault” for a West Virginia chemical spill that spurred a water-use ban for up to 10 days for 300,000 people, his lawyer said in a court filing. On Friday, Freedom President Gary Southern …
Mississippi Attorney General Jim Hood said a 28-year-old Pontotoc County man will serve at least a year in prison after filing an insurance claim for a nonexistent four-wheeler accident. He said in a news release that Eric Long of Randolph …
Parasailing in Florida moved closer to becoming a regulated industry lat week, with the Senate approving a bill that would place safety guidelines on companies. The legislation details insurance, equipment and license requirements, along with weather conditions that would force …
Experian Plc is enmeshed in litigation over its 2012 purchase of the assets of data firm Court Ventures, which is at the center of a breach that exposed some 200 million American Social Security numbers to criminals. States have launched …
Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according to a new semi-annual survey by OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance industry. …
Shareholders challenged more than 94 percent of U.S. merger and acquisition deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research. Deals worth $100 million or more attracted an average of five lawsuits, with …
Four states – California, Illinois, Alabama and Mississippi – along with the District of Columbia, are the top five riskiest places in the country for employee lawsuits. Businesses in these states and jurisdictions face a substantially higher risk of being …
January 1 marked the beginning of an expansion of healthcare coverage for drug and alcohol addiction treatment under the Affordable Care Act (ACA). This expansion is leading to a growth in the rehabilitation facilities market but what that growth looks …
