Federal officials announced the indictment of a Miami man in what they say is the largest identity theft ring ever exposed in the U.S. Albert Gonzales, 28, was indicted for conspiring to hack into computer networks supporting major American retail …
The Obama administration this week sent Congress legislation seeking to impose broad new oversight on derivatives, the complex financial instruments blamed for hastening the global economic crisis. The plan is designed to bring transparency to, and prevent manipulation in, a …
The debate over reforming the U.S. health care system has zeroed in on one main target: insurance companies. Democrats and the Obama administration plan to spend August battling to win popular support to expand health care coverage as the insurance …
Leaders of the United States, Mexico and Canada gather today to present a united front to try to limit the spread of the H1N1 swine flu, but there is less unity on simmering trade issues. U.S. President Barack Obama, Mexican …
In late January only 17 percent of the public claimed to know much about President Obama’s health care reform proposals. By late July, just before the president’s press conference on July 22, that number had more than doubled, to 36 …
Lawmakers in Congress are working on three versions of proposals to overhaul the U.S. healthcare system. Many of these changes would be phased in over a number of years. In the House of Representatives, three committees have each approved changes …
American International Group’s former chief executive Hank Greenberg agreed to pay $15 million to settle government allegations that he had cooked the books to inflate the insurer’s earnings in the first half of this decade, the Securities and Exchange Commission …
Skepticism over the financial condition of insurance companies is healthy and financially strong insurers stand to gain over weaker competitors in today’s market, an executive for a major property/casualty insurer told a group of underwriters. That message came with a …
Hundreds of tractor-trailer and bus companies ordered to shut down because of federal safety violations ranging from suspended licenses to possible drug use have stayed on the road by using different names, investigators say. The study by the Government Accountability …
The U.S. House of Representatives passed the National Flood Insurance Program (NFIP) Extension Act of 2009, H.R. 3139, which extends the program until March 31, 2010. The NFIP is currently set to expire on September 30, 2009. Earlier this year, …
