General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc, is interested in buying South Korea’s Tong Yang Life Insurance to tap into the promising market, South Korean media reported on Wednesday. Tong Yang’s majority stakeholder Vogo Fund is seeking …
Officials in Pascagoula, Mississippi are asking lawmakers to amend a state law and allow local governments to enforce federal floodplain codes at hunting and fishing camps so they can qualify for the National Flood Insurance Program. City attorney Eddie Williams …
Several cities in Nebraska and Iowa made Farmers Insurance’s lists of the safer and most secure places to live in the country. The insurer ranked cities of different sizes based on crime rates, natural disaster risks, environmental hazards, car accidents, …
A professor who says her remarks about a Palestinian film cost her a job at North Carolina State University wants the state Supreme Court to review her case. Lawyers for Terri Ginsberg filed an appeal this month of a ruling …
North Dakota residents who have taken turns battling major floods the last three years may be in for a break, based on the first National Weather Service flood outlook of the season. Hydrologist Allen Schlag says the current dry weather …
The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge’s decision to reject its $285 million settlement with the bank. The case will be put …
A federal judge ruled that BP was not negligent in the case of a 2009 oil spill and did not violate the terms of its probation from an earlier accident thus escaping further punishment. The decision is a victory for …
A federal judge has approved American International Group Inc.’s $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers’ compensation policies. AIG will make the payment after rivals accused it of understating its market …
California Attorney General Kamala D. Harris announced on Tuesday that her office, along with the attorney general offfices, reached a $553 million settlement with manufacturers for allegedly engaging in price fixing of flat screen LCD (Liquid Crystal Display) panels found …
The Hawaii Supreme Court has ruled the “known or obvious danger” defense is no longer viable under state law as a complete bar to an injured plaintiff’s premises liability claim. Michele R. Steigman sought to recover damages after suffering a …
