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Kenneth Reich, a retired Los Angeles Times reporter who, in his 39 years at the paper, covered politics, earthquakes and preparations for the 1984 Los Angeles Olympic Games, has died. He was 70. Reich, who had been in failing health the last several Read more
Oxford, Miss. — Richard “Dickie” Scruggs, who became one of the wealthiest civil lawsuit attorneys in the country by taking on tobacco, asbestos and insurance companies, was sentenced Friday to five years in prison for conspiring to bribe a judge Read more
SHARES in Perth-based conglomerate Wesfarmers slumped yesterday after the company revealed the WA gas crisis would erode second-half earnings. The interruption to the state’s gas supply, caused by the explosion at Varanus Island on June 3, is Read more
In another move to beef up its strategy in the insurance sector, Oracle has bought Skywire Software’s application business for an undisclosed sum, the company announced Monday. The move follows Oracle’s May announcement that it plans to buy Read more
NEW YORK, June 20 (Reuters) - MBIA,(MBI.N: Quote , Profile , Research , Stock Buzz ) a bond insurer, said on Friday it may need to put up nearly $7.5 billion to meet collateral posting requirements and potentially pay off obligations after losing its Read more
A Dallas police traffic unit officer has been indicted on one count of insurance fraud over an accusation that he had someone steal his vehicle because he was having financial trouble, authorities said. The 20-year veteran officer, Senior Cpl. Jose Read more
