Hurricane Irene Insured Loss Estimate Rises to $4.3 Billion An insurance industry service that tracks catastrophe losses has sharply raised its estimates for August’s Hurricane Irene, projecting insured property... Read More
Whistleblower-law Passage Stalls in Some States For many states, a law intended to root out corruption also has been good for the bottom line. Over the... Read More
U.S. Top Court to Decide Whether Lawsuits Require Harm In a dispute pitting big business against consumer groups, the U.S. Supreme Court hears arguments Monday on whether a person... Read More
Feds Probe New Battery Fires in Chevrolet Volt The government is investigating new fires involving the lithium-ion batteries in General Motors Co.’s Chevrolet Volt to assess the fire... Read More
Toy Safety Report Finds Some Dangers Shoppers awaiting this week’s traditional kick-off of the holiday shopping season should find plenty of safe toys for children, but... Read More
Merck to Pay $950M to Settle U.S. Vioxx Charge Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx... Read More
AIG Unlikely to Take Q4 Reserve Charges Bailed-out insurer American International Group is unlikely to add to reserves in the current quarter, though investors may not be... Read More
FDA Says Avastin Not Safe for Breast Cancer Treatment The FDA has revoked the agency’s approval of Avastin for the treatment of breast cancer, after concluding that the drug... Read More
Wireless Alarms Take Aim at Preventing Copper Thefts A small copper theft can lead to an enormous claim – literally making a mountain out of a mole hill.... Read More
Flood Insurance Program Extended Until Dec. 16 Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on... Read More