Bank of America has agreed to pay $31 million to settle a class action lawsuit that claims mortgage borrowers were forced to maintain excessive flood insurance coverage. The Oregonian reports Friday that U.S. District Court Judge Michael Simon approved the …
The chief financial officer for Prince George’s County public schools in Maryland has been placed on administrative leave after the Maryland Insurance Administration found he had committed insurance fraud. A school system spokesman tells The Washington Post that Colby White, …
A state court judge sided with Alabama Gas Corp. and blocked the Montgomery Advertiser from publishing information about the utility’s plan for gas line safety, which the Alabama Public Service Commission released through an open records request. Jefferson County Circuit …
Forecasters say severe drought or worse will continue into next year across much of the West, including parts of western Utah, most of Nevada and practically all of California. Below-normal precipitation and normal or above-normal temperatures are forecast in the …
Mississippi Gulf Coast law enforcement officials and prosecutors say they’re increasing efforts to get drunken drivers off the roads to improve public safety. District Attorneys Tony Lawrence and Joel Smith announced the creation of a DUI task force last week …
Hyundai Motor Co. must pay $73 million in punitive damages to the families of two Montana teenagers killed in 2011 crash blamed on a steering defect, a judge said. Lake County District Judge Deborah Kim Christopher rejected Hyundai’s bid to …
Risk Strategies Co. has named Melissa S. Masles senior vice president and chief operating officer for California. Masles will be based in the firm’s San Mateo office and have operational oversight of Risk Strategies’ four offices in California. After a …
Jill Tarlov’s death from a collision with a cyclist in Central Park last week was a New York City rarity, as are lawsuits after bikers ram pedestrians. From 1996 to 2005, 11 pedestrians across New York City died after being …
Punishing executives for misconduct at banks is essential to deter wrongdoing on Wall Street, New York’s banking regulator said. “Just damning the entire firm is often times counterproductive,” Benjamin Lawsky, superintendent of the New York Department of Financial Services, said …
A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories. Jurors needed …
