Government News

Status of Legal Challenges to Obama Health Reform Law

Within hours of President Barack Obama signing into law last March the healthcare reforms he had championed, several states filed lawsuits challenging the constitutionality of new requirements, including one that individuals buy health insurance. Most legal scholars expect one of …

Cancun Climate Talks End with Modest Steps, No Kyoto Deal

The world’s governments agreed Saturday to modest steps to combat climate change and to give more money to poor countries, but they put off until next year tough decisions on cutting greenhouse gas emissions. The deal includes a Green Climate …

Judge Orders $15M to Indiana Crash Victim’s Family

A federal judge has awarded $15 million to the family of one of four people killed in a 2005 crash on the Indiana Toll Road caused by a truck driver. District Judge Theresa Springmann found Net Trucking of Burbank, Ill., …

Arkansas Lawmakers Propose Banning Health Insurance Mandate

Legislation filed by a pair of Republican lawmakers in Arkansas proposes blocking a portion of the health care overhaul that requires people to buy health insurance. Rep.-elect David Meeks and Sen. Denny Altes propose prohibiting any laws or rules that …

Ratings Recap: State Auto National, Mountain West Farm Bureau

Standard & Poor’s Ratings Services has placed its ‘A-‘ counterparty credit and financial strength ratings on State Auto National Insurance Co. (SA National), a subsidiary of State Auto Financial Corp. and a member of SAG, on CreditWatch with negative implications. …

A.M. Best Affirms Ratings of Michigan Insurance Co.

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Michigan Insurance Co. based in Grand Rapids, Mich. The outlook assigned to both …

Cal/OSHA Implements Updated Heat Safety Regulations

Cal/OSHA has implmented a new standard to protect employees who work with diacetyl, a chemical commonly used to give food flavorings a buttery taste. Cal/OSHA, a division of the California Department of Industrial Relations (DIR), is the only state-OSHA plan …

Treasury to Cut Government Stake in AIG in Big Stock Sale

The U.S. Treasury plans to sell about one-fifth of insurer AIG through a stock offering in the first half of 2011, an important test of the government’s ability to profitably exit one of its most controversial bailouts. American International Group …

Wal-Mart Court Order Freezes Class Actions

The class action landscape changed in an instant when the U.S. Supreme Court decided to review a mammoth sex discrimination lawsuit against Wal-Mart Stores Inc. Even though a ruling likely will not come for months, some class-action lawsuits against other …

Alabama Jury Awards $5 Million to Arson Victim

Lauderdale County, Ala. jurors have awarded $5 million in damages to a woman who suffered life-threatening injuries in a 2004 arson fire. The TimesDaily newspaper reported that 20-year-old Karrie Hayes testified during the civil trial that she still suffers pain …