MBIA Inc. has decided not to pursue a lawsuit against Bank of America Corp.'s Merrill Lynch unit.

The federal government's systems for analyzing Medicare and Medicaid data for possible fraud are inadequate and underused, according to a report released Tuesday.

The federal government's systems for analyzing Medicare and Medicaid data for possible fraud are inadequate and underused, according to a report released Tuesday.

When it sells stock to the public later this year, insurance giant American International Group Inc. is planning to replace one or more of the four investment banks that managed its share offering in May, according to a published report.

When it sells stock to the public later this year, insurance giant American International Group Inc. is planning to replace one or more of the four investment banks that managed its share offering in May, according to a published report.

Insurance agents in states along the swollen Missouri River basin say federal officials are causing widespread confusion among property owners by pushing the sale of flood insurance policies that might not cover damage from the river flooding that began this month.

A career criminal suspected of shooting five people, two of them fatally, over an alleged insurance-fraud scheme was killed by SWAT team members after a six-hour standoff Monday.

The Atlantic season's first tropical storm hit Mexico's central Gulf coast Thursday, hurling heavy rains over a wide swath of the country.