The Federal Deposit Insurance Corp. has launched a lawsuit against eight directors of defunct Integrity Bank, including a Georgia state senator, in a bid to recover $70 million in bad loans made by the failed institution.
The Employers Insurance Co. of Wausau filed suit Tuesday against Oscoda Plastics Inc., claiming it does not owe the flooring products company coverage for two underlying product defect lawsuits.
The state of Florida sought to add six more states Tuesday to a 20-state lawsuit contending the federal health care law's mandate that individuals buy health insurance or pay a penalty is unconstitutional.
Lloyd's of London has sued Liberty Surplus Insurance Corp. and contractor Express Construction Co., claiming it owes nothing under a $1 million policy issued to the owner of a subcontractor who sued for negligence after being injured at a building project.
The U.S. Department of Justice and plaintiffs challenging the health care reform law have filed their first briefs in separate appeals in the Sixth and Fourth circuits, offering opposing takes on the constitutionality of the law's individual mandate.
President Barack Obama announced a governmentwide review of all agency regulations Tuesday, seeking to streamline rules governing areas like labor, finance, health care, safety, energy and the environment while increasing public transparency in compliance and enforcement activities.
The U.S. Supreme Court agreed Tuesday to hear California's challenge to decisions that thwarted its attempt to reduce Medicaid reimbursements, in a case that will determine whether Medicaid providers and recipients may launch a preemption fight under the supremacy clause.
A federal judge on Friday tossed a lawsuit alleging the U.S. government's $182 billion bailout of American International Group Inc. was unconstitutional because some of the funds were used to support Islamic activities.
An electrical subcontractor has revived its lawsuit for some $14.5 million in unpaid bills against a contractor and insurers over the construction of an enriched uranium storage facility at Tennessee's Oak Ridge National Laboratory after settlement negotiations fell apart.
Under increased scrutiny from California's new insurance commissioners, Blue Shield of California said Friday it would voluntarily submit its individual health insurance rates to independent actuarial review and refund customers if the rates are deemed unsound.
American International Group Inc. and the U.S. Department of the Treasury announced a plan Friday that will see the insurer pay back the remainder of its $182 billion taxpayer bailout and end government involvement with the company in approximately two years.
The Seventh Circuit has revived accusations by R.C. Wegman Construction Co. that Admiral Insurance Co. violated a duty of good faith by failing to inform Wegman that its policy limits could fall short in covering damages from a worker injury suit.
The University of Pittsburgh Medical Center and Highmark Inc. are saying they will ask the U.S. Supreme Court to review a federal appeals court decision to revive a rival health care network's claims that they conspired to protect one another from competition.
Hartford Fire Insurance Group has been hit with a putative class action alleging the company failed to pay analysts overtime wages in compliance with the Fair Labor Standards Act.
Intel Corp. and two insurers have dropped surviving breach of contract and bad faith claims following a judge's December ruling that the insurers had no duty to cover the tech giant for antitrust suits brought by rival Advanced Micro Devices Inc.
Following several stinging defeats, the New York Attorney General's Office dropped its last two criminal cases Friday against ex-Marsh & McLennan Cos. Inc. executives linked to a 2004 bid-rigging scheme, according to an attorney for one of the former defendants.
A federal judge has conditionally certified a class of security investigators who accuse Geico General Insurance Co. of denying overtime pay owed them under the Fair Labor Standards Act.
A judge approved a $4.75 million settlement on Thursday between bankrupt Pfizer Inc. subsidiary Quigley and Arrowood Indemnity Co., ending a coverage dispute over asbestos liability policies.
Oracle Oil LLC's coverage suit against three insurance companies will head back to a Louisiana state court after a federal judge agreed Thursday with a magistrate judge's finding that the insurers' removal notice was untimely.
California's insurance commissioner has asked four of the state's largest health insurance carriers to delay the implementation of scheduled premium rate increases in order to give his office more time to review the proposed changes.