New York AG Announces Vehicle Repair Agreement with Toyota
New Yorkers who own recalled Toyotas have additional assistance awaiting at no cost to them after the state’s attorney general today announced enhanced recall efforts by the world’s largest automaker.
Federal Tax Issue Puts Brakes on AIG, MetLife Deal
MetLife and AIG officials have put a hold on a $15 billion deal for AIG’s American Life Insurance Company while awaiting word from federal officials regarding tax issues.
Toyota Facing $3.6 Billion Class-Action Lawsuit
The proverbial water continues getting hotter for Toyota as the embattled automaker faces a nationwide class-action lawsuit over its handling of consumer complaints.
National Flood Insurance Program Imperiled Yet Again
The National Flood Insurance Program is scheduled to expire Feb. 28, but federal lawmakers are dragging their heels when it comes to enacting long-term reforms the debt-riddled federal program insuring 5.5 million homes in the United States.
Insurance Goes Space Age as States Regulate ‘SpacePort’ Coverage
Several states are enacting legislation to promote commercial space travel and protect states against potential legal liability issues.
Federal Officials Say at least 34 Deaths Caused by Toyota Recall Issues
Federal officials say up to 34 people allegedly have died in recalled Toyota vehicles since 2000.
Virginia Legislature Votes to Ban Health Insurance Mandate
A measure blocking potential federal health insurance mandates cleared the Virginia Legislature today and goes to Republican Governor Bob McDonnell for a likely signing.
MetLife, AIG Officials Mulling Terms for Asian Life Insurance Unit
Apparently having reached a tentative selling price of about $15 billion to acquire Asian-based American Life Insurance Company (Alico) from the American International Group (AIG), MetLife officials reportedly are offering about $8 billion in company shares as partial compensation.
Honda Recalls Another 438,000 Vehicles for Airbag Problems
The Toyota Motor Corporation isn’t the only Japanese automaker dealing with a massive vehicle recall. Officials for the Honda Motor Company today announced an additional recall of 438,000 vehicles due to concerns over potentially faulty airbags.
Chicago Rattled by Early Morning Earthquake
Residents of the greater Chicagoland area were rudely awakened by a magnitude 3.8 earthquake that struck around 4 a.m. this morning.
Heavy Snowfall, Extreme Cold Conspiring Against Homes
With deadly winter storms pummeling much of the United States this year, homeowners have even greater incentives for taking simple precautions to avoid costly damages or worse from winter weather.
Toyota Recalls 437,000 Hybrid Vehicles to Fix Brakes
The Toyota Motor Corporation today announced a recall of another 437,000 hybrid vehicles due to braking problems, including its popular Prius hybrid model.
Congress to Tackle Measure Targeting Health Insurance Monopolies
Saying they want to increase competition and make health insurance more affordable, two Democratic lawmakers last week introduced legislation removing federal anti-trust exemptions from health insurance companies that likely will be debated this week.
Report: Toyota to Recall 300,000 Prius Hybrids
The recent manufacturing safety woes of the world’s largest automobile manufacturer, the Toyota Motor Corporation, have caught up the world’s most popular hybrid vehicle, the Toyota Prius, according to newspaper reports in Japan.
All for Naught: No Return Likely on Nelson, Landrieu Sell-Outs
President Barack Obama while addressing a Democrat Party fundraiser suggested national health care reform might be dead, which would nix controversial political deals to gain votes for passage.