Regulation/Legislation

Louisiana's state-backed homeowners insurer may find itself unable to pay claims if a big storm strikes because of a $95 million class action judgment stemming from Hurricane Katrina, officials said.

The Democratic leadership of the House Energy and Commerce Committee has asked 52 health insurers to provide detailed information on their compensation and other financial information by Sept. 4.

Florida authorities have been raking in fines from a new Web site for whistleblowers to report employer workers' compensation law infractions, the state's chief financial officer said.

Superfund litigation--as measured by the number, duration and complexity of cases--decreased from fiscal years 1994 through 2007, the General Accounting Office said.

The alternative risk transfer industry is eyeing compromise proposals for health care cooperatives as a substitute for the "public option" in health care delivery overhaul legislation, as an opportunity for the industry.

Federal authorities clashed publicly with Maurice Greenberg over the significance of his agreement to pay $15 million in settling charges of fraudulent accounting while he headed up American International Group.