The U.S. Senate last night passed by unanimous consent a measure extending the National Flood Insurance Program for one year until Sept. 30, 2011. The Senate one-year reauthorization must now pass the House of Representatives, which in July passed a …
The top U.S. bailout cop said evidence of fraud among banks that sought taxpayer funds was on the rise, and some of his investigations involve amounts exceeding $550 million. Neil Barofsky, the special inspector general for the Troubled Asset Relief …
Republicans will reopen the broad Wall Street reform law and overhaul the newly created consumer protection bureau if they regain control of Congress after the November elections, a leading lawmaker said Monday. Richard Shelby, the top Republican on the powerful …
The federal Patient Protection and Affordable Care Act (PPACA) and related Health Care and Education Reconciliation Act, enacted by Congress in March 2010, include significant insurance market reforms effective for most group and individual health insurance policies with plan years …
The U.S. Department of the Treasury plans a secondary public offering of 52 million warrants to purchase the common stock of The Hartford Financial Services Group, Inc. at a minimum bid of $10.50 per warrant. The Treasury said that proceeds …
The Arizona Court of Appeals has affirmed a 2008 Maricopa County Superior Court decision that SCF Arizona paid a “reasonable amount” to two ambulatory surgical centers, rejecting their argument that SCF violated state law by using a bill reviewer to …
The Army Corps of Engineers said that a diversion plan for the Red River in the Fargo-Moorhead area will be delayed because it needs to study the project more. The agency said the move is necessary because the effects downstream …
A wind-stoked fire sparked at a firing range during a National Guard training session blazed across hundreds of acres, as crews rushed to keep it from reaching any more than the estimated four homes that burned on Sunday. The roughly …
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ senior unsecured debt rating to W.R. Berkley Corp.’s (WRB) proposed issue of $300 million of 5.375 percent senior unsecured notes, which are due in 2020. “WRB will use the net proceeds …
A flood-control project in the works for more than 20 years should be completed next year, removing 1,500 properties from Sioux Falls, S.D.’s flood plain, a city official said. Once the flood-control measures are in place, probably by the end …
