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Thursday, July 28, 2011
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In a lawsuit filed today, Transatlantic Holdings Inc. accused Validus Holdings Ltd., the reinsurer trying to take it over, of attempting to mislead Transatlantic stockholders into tendering their s...
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The Centers for Medicare and Medicaid Services released a report indicating that the U.S. government will foot the bill for half of all health care costs in the United States by 2020.
That...
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A federal judge ruled Wednesday that a lawsuit contending that Lehman Brothers Holdings Inc.'s former officials, underwriters and auditors are responsible for investor losses should go forward fo...
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As reinsurers struggled with high payouts, Montpelier Re Holdings Ltd.'s (MRH) second-quarter core earnings plunged more than expected, while Everest Re Group Ltd.'s (RE) also dropped, though at ...
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The Federal Housing Finance Agency is suing UBS AG over $4.5 billion in residential mortgage-backed securities sold to Fannie Mae and Freddie Mac. Regulators went to court for the first time to rec...
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Under a deal the White House announced Wednesday with auto makers and environmentalists U.S. fuel economy standards would double by 2025.
If upheld, the plan would lead to the biggest gains...
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Due to large payouts to customers who suffered losses in severe storms in the United States, property and casualty insurers Cincinnati Financial Corp and Selective Insurance Group reported weak sec...
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The Los Angeles City Council voted unanimously Wednesday to halt the city's controversial red-light camera program, which has ticketed more than 180,000 motorists since beginning in 2004. The progr...
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