October 8, 2009
Democrats in Congress are trying to counter another Supreme Court decision on employment discrimination, this time taking aim at a ruling that makes it harder for older workers to prove age bias. A measure introduced this week would effectively reverse …
October 6, 2009
Questions about securities fraud, Sarbanes-Oxley, financial executives’ compensation and football merchandise are among the high-profile cases that the Supreme Court will take up in its term that began this week: Vioxx suits: Merck & Co. shareholders sued the drugmaker for …
October 5, 2009
Recent trends have had an overall stabilizing impact on the medical malpractice market, but several emerging issues may present challenges for insurers and actuaries, attendees at the Casualty Loss Reserve Seminar were told. Christian Coleianne, associate director and actuary, Aon …
October 5, 2009
The White House says it has allocated $25 million in grants to states for a pilot program that would seek to ease the impact of malpractice suits on the U.S. medical system, as President Barack Obama pushes for sweeping health …
October 5, 2009
Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months — was first conceived in the …
October 2, 2009
Rescuers dug feverishly on Friday through the rubble of a school and other buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days after the tremor. The United Nations said …
October 1, 2009
Former Attorney General John Ashcroft and one of his hardline lieutenants face the rare prospect of being held personally liable for alleged violations of individuals’ rights in the aggressive aftermath of the 2001 terrorist attacks. High-ranking officials usually are protected …
October 1, 2009
The U.S. Senate passed a temporary extension of the National Flood Insurance Program (NFIP) and President Barack Obama signed the legislation into law just few hours before the program was set to expire yesterday. The NFIP extension was passed as …
September 30, 2009
The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear standoff. President Barack Obama warned Iran last …
September 30, 2009
A U.S. Senate panel Tuesday rejected a government-run “public” insurance option as part of a broad healthcare overhaul, handing insurers an early victory and setting the stage for a long fight over one of the bill’s most contentious issues. The …