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Consumer Watchdog Urges Tougher US Oversight of Insurance Costs, Discrimination

U.S. regulators should strengthen their oversight of insurers to prevent potential overcharging and discrimination in selling coverage for cars and homes, a consumer watchdog group said on Thursday. The campaign by the Consumer Federation of America (CFA) comes after an …

Viewpoint: Environmental Debt Risk Is Bigger Than Japan’s GDP

The financial risk posed to companies by natural disasters keep growing and growing, and the size of potential losses is just eye-popping. Moody’s Investors Service says 18 sectors have a combined $7.2 trillion of debt with “high inherent exposure to …

Capital One Says Breach Hit 100 Million Individuals in U.S.

Capital One Financial Corp. said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a Seattle woman of breaking into the bank’s server at a cloud-computing company. The woman, Paige A. Thompson, was arrested …