An intense effort is underway to have the Senate Banking Committee drop a provision in flood-insurance legislation that would require homeowners and businesses to purchase federal flood insurance even if their properties are protected by levees.

An intense effort is underway to have the Senate Banking Committee drop a provision in flood-insurance legislation that would require homeowners and businesses to purchase federal flood insurance even if their properties are protected by levees.

Expenses stemming from auto accidents have risen 70 percent in the NYC area, with fraud and abuse rampant in Brooklyn and Queens.

Expenses stemming from auto accidents have risen 70 percent in the NYC area, with fraud and abuse rampant in Brooklyn and Queens.

Specialty commercial insurers continue to lead the way for property and casualty insurers underwriting results for this years first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.

Specialty commercial insurers continue to lead the way for property and casualty insurers underwriting results for this years first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.

Aiman Arabeiat is home recuperating from burns he suffered during an explosion at his business, Jerusalem Restaurant, on Nov. 13. He's far from ease, however. On Dec. 7, the Ohio man will go before a Hamilton County grand jury for possible indictment.

Responding to a lawsuit filed by a company run by former American International Group Chief Executive Maurice Hank Greenberg, The Treasury Department says its actions during the bailout of AIG were necessary, legal, and constitutional.