The insurance industry called the passage of the Wall Street Reform & Consumer Protection Act on July 21, 2010, a “big win” thanks to provisions in the massive reform bill that would modernize regulation and taxation issues for surplus lines. …
A U.S. judge Thursday upheld a key part of President Barack Obama’s signature healthcare law that requires Americans to obtain coverage, rejecting a challenge by a conservative interest group. The Thomas More Law Center filed a lawsuit in Michigan the …
Despite its enormous unpopularity among voters, the government’s Wall Street bailout plan succeeded much more quickly and at a lower cost than expected, a U.S. Treasury report released Tuesday said. “The Troubled Asset Relief Program has succeeded faster, and at …
Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. The audit showed that both states impose weak penalties and have mishandled cases involving …
The U.S. financial bailout will cost less than $50 billion, the Obama administration said Thursday, slashing a prior estimate by more than half on the back of a new plan to sell the government’s stake in insurer American International Group. …
It’s official: the federal flood insurance program will be around for at least one more year. President Obama yesterday signed into law S. 3814, the bill that will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. Without …
Federal regulators have implemented new measures for identifying the nation’s most dangerous mines, replacing what U.S. Labor Secretary Hilda Solis had called a “badly broken” process. The Mine Health and Safety Administration said the screening criteria give the agency more …
American International Group Inc. (AIG) said it has come to an agreement with the Obama Administration on a plan to repay American taxpayers who bailed out the insurer in 2008. AIG said it will use proceeds from the sale of …
It may have staved off a financial system meltdown, but the U.S. Treasury’s $700 billion bailout program is so reviled by the public that its distaste may rub off on incumbent Democrats in November elections. What goes into the history …
Michigan’s workers’ compensation law blocks employee lawsuits against employers brought under federal anti-racketeering law, a federal judge has ruled. Federal Judge Paul D. Boren for the second time has dismissed a suit brought by a group of employees at Cassens …
