Congress gave final approval late Thursday to the deal President Barack Obama and Republicans made to extend expiring tax cuts — a high-stakes gamble to create jobs at a cost of deepening the U.S. debt. Over objections from many of …
Longtime state lobbyist Steve Kimbell will serve as insurance commissioner of Vermont, incoming Gov. Peter Shumlin has announced Kimbell will head the Department of Banking, Insurance, Securities and Health Care Administration. Shumlin, a democrat, announced the appointment at a press …
Georgia’s insurance industry is teaming up with state authorities to launch an ambitious effort to crack down on the rising number of insurance fraud cases. Incoming Insurance Commissioner Ralph Hudgens, who takes office in January, said this week he plans …
Terrebonne Parish is planning to demolish about 450 hurricane-damaged homes, mostly in low-lying bayou communities. Parish officials said the structures will be torn down this spring because they are in such dilapidated condition that they pose a threat during future …
The courts may not get the last word after all on President Barack Obama’s historic health care overhaul. A Virginia federal judge ruled this week that the law’s key requirement for individuals to carry health insurance is unconstitutional. But even …
The price of corporate bailouts in 2008 and 2009 looks cheap compared to past crises, U.S. Treasury Secretary Timothy Geithner said Thursday, while urging more drastic action from housing finance giants Fannie Mae and Freddie Mac to help homeowners. For …
A bankruptcy court judge has ordered Travelers to pay at least $445 million into claims funds set up by a 2004 asbestos settlement. The funds were set up to resolve a number claims brought in state courts over asbestos liability …
Incumbent Alabama Commissioner of Insurance Jim L. Ridling will continue in that role in the new administration of Governor-elect Robert Bentley. Ridling has served as commissioner since 2008. “Jim Ridling is a respected insurance professional with many years of valuable …
Physicians’ fears of being sued for malpractice are out of proportion to their actual risk of being sued, according to a recent study. The study by a University of Iowa researcher and colleagues also suggests that tort reform legislation aimed …
The U.S. Congress approved an $858 billion tax deal between President Barack Obama and the Republicans that will boost the economy but add to the budget deficit. Following are key components of the bill. All cost estimates are from the …
