The Senate bill also creates a mandatory reserve fund "to provide additional funding to help pay future claims without further need to seek contribution from the U.S. taxpayer," said Sen. Richard Shel

A former aide told National Underwriter one reason Sen. Dodd thinks "it is now time" for a Democratic primary effort is that 2008 marks the first time since 1952 than a sitting president or vice p

The Senate legislation is different from the companion House bill because it will require more policyholders to pay fair-market rates and more homeowners to participate in the program than called for

The appellate court panel, based in Houston, upheld in a 2-1 split decision the constitutionality of retroactive state legislation that barred victims of asbestos-related disease from winning damages--

The deduction phases out dollar-for-dollar to the extent the business's annual investments exceed $400,000. Without action, the expensing limit would have declined to $25,000 and the phase-out thresh

The deduction phases out dollar-for-dollar to the extent the business's annual investments exceed $400,000. Without action, the expensing limit would have declined to $25,000 and the phase-out thresh

The GAO report--"Title Insurance: Preliminary Views and Issues for Further Study"--was released through Rep. Mike Oxley, R-Ohio, chair of the House Financial Services Committee, who had requested the

Industry takes lumps at hearing after GAO issues scathing report on practices