The House late Monday rejected a measure that would have permitted North Dakota communities to redevelop flood-prone open spaces that were bought out by the federal government.

The House late Monday rejected a measure that would have permitted North Dakota communities to redevelop flood-prone open spaces that were bought out by the federal government.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.

Second-quarter catastrophe-bond issuance increased in 2012 over 2011, and a recent analysis describes the current market outlook as very encouraging as strong investor demand and available capital point to increased issuance from sponsors going forward.

Second-quarter catastrophe-bond issuance increased in 2012 over 2011, and a recent analysis describes the current market outlook as very encouraging as strong investor demand and available capital point to increased issuance from sponsors going forward.

If courtroom precedent is any indication, the studio behind The Dark Knight Rises likely wont be held liable for last weeks tragic Colorado theater shootings.

The pace at which investors bringing U.S. securities fraud cases are actually recovering money in settlements has fallen to the lowest since laws governing class-action litigation were overhauled in the mid-1990s.