All North America articles – Page 8
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Three arrested in terror investigation
Two men from Colorado and one from New York have been detained on terror charges
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SEC launches new unit to police market risk
University of Texas School of Law Professor Henry Hu will head up the Division of Risk, Strategy and Financial Innovation
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Pfizer fined $2.3bn for fraudulent marketing
The drug company marketed some of its drugs for off-label uses and paid kickbacks to incentivise medics to prescribe them
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Private companies increase investments
Optimism amongst CEOs signals a turn in the economy
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US hacker steals 130m records
Miami hacker reportedly worked for the secret service before turning rogue
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Allstate settles class action suit
Personal lines giant settles for an undisclosed sum after nearly ten years
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US ruling raises spectre of contingent commissions
European risk managers express concern about a ruling that allows Illinois brokers to resume contingent commissions
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Atlantic storms stronger and more active
Long periods of warm Atlantic Ocean conditions produce greater hurricane activity, says research
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BofA settles Merrill bonus case for $33m
Bank of America allegedly misled investors over bonus payments in the takeover of Merrill
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Recession keeps premiums soft
Excluding financial services firms D&O policies renewed with an average 4.1% decrease, new figures show
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North Carolina men arrested on terrorist charges
Seven men were arrested in the US after allegedly conspiring to wage jihad overseas
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US lifts trade ban on Syria
The Obama administration has lifted bans on exporting certain aviation and IT goods to Syria
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US P&C industry loses $1.3bn in Q1
Worst result since records began but insurers remain well capitalised to pay claims, claims the ISO
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Analysis
What went wrong at Lehman
Lehman’s former head of regulatory compliance speaks out for the first time
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Bank of America accused of discrimination
The class action suit alleges that women brokers at the bank were eligible for smaller bonuses
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AIG spins off units to cut debt
The insurer is putting two units into SPVs in order to reduce its Federal debt by $25bn