An Illinois federal lawmaker is stumping again for legislation that would stave off property owners from having to buy flood insurance in areas newly designated by the government as being at high risk.
The Treasury Department said Wednesday that a sale of MetLife Inc. stock by American International Group Inc. brought in $6.3 billion, which will go toward repaying a portion of the taxpayer bailout of the insurance company.
The jackhammers fell silent, church bells pealed, and a Maori lament filled the air as New Zealand came to a standstill to mourn the estimated 240 people killed in an earthquake one week ago Tuesday.
The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.
The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.
Day two following the devastating earthquake in New Zealand's second largest city, Christchurch, brings forth even more disturbing images of destruction.
Images of the devastation wrought by the earthquake that occurred in New Zealand on Feb. 22, 2011, show a scene of complete destruction and devastation.
Medical malpractice insurance rates might be too high because some insurers are spending as little as two or three percent of premiums to pay out claims, according to the California Department of Insurance.