Insurance Probe Hits Home in D.C. Region
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New York Attorney General has subpoened major players in the Washington area insurance market as part of an investigation into steering and bid-rigging.
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Justice Department probes of congressional corruption continued to provide big business for Washington's white-collar criminal defense attorneys, who billed at least $1 million in the second quarter to current and former House members involved in federal investigations.
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Liberty Mutual Group has been subpoenaed by New York Attorney General Eliot Spitzer, the first local insurer to be caught up in the prosecutor's fast-widening probe into the insurance industry's sales practices.
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Mirroring national rift within party, many D.C. area households are torn between Clinton, Obama.
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For someone whose company is facing a federal criminal investigation, hundreds of lawsuits that could cost billions, and outrage in the medical world, Ray Gilmartin is putting on a brave face.
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During most of the six hours it took D.C. firefighters to extinguish a blaze that engulfed his condominium building, Paul Carabello huddled outside with his neighbors, clutching the things he had managed to save: his passport, Social Security card and cellphone.
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Crime against individuals over-hyped, says exec Insurance company Axa yesterday released an intriguing survey of business claims by region, which has been widely reported.â¦
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New York and Connecticut officials say they are investigating whether improper behavior by insurance firms has been a factor in the rapidly rising cost of malpractice insurance for lawyers and doctors.
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The question confronting state insurance regulators is whether they can be effective overseers or whether their job should be turned over to Washington.
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Preliminary investigations in New York, Connecticut and California suggest that insurance companies frequently pay insurance brokers and agents undisclosed compensation -- including cash, loans, stock and exotic trips -- for steering health, automobile and other retail insurance business to them, state officials told Congress yesterday.
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WASHINGTON -- The District of Columbia risks losing federal funds because it has overpaid contractors almost $100 million for medical services, an audit found.
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A series of drug-safety scandals has led many on Capitol Hill to question whether the F.D.A. has failed to strike the right balance between speed and safety.
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Federal authorities think that nearly $50 million was stolen in an embezzlement scheme run out of the D.C. tax office, more than double the amount they had previously uncovered, four sources close to the investigation said.
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Insurance Commissioner John Garamendi says his settlement with San Diego-based Universal Life Resources is just the beginning of a deepening investigation.
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ALBANY, NY -- The man who made Wall Street reform its ways is now charging widespread corruption in the insurance industry. He alleged that brokers have been taking payoffs from insurance companies to steer
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The probe into insurance bid-rigging  by New York's attorney general widened to health insurers on  Tuesday, unnerving investors worried that more revelations of  wrongdoing and lower profits lie ahead.
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A high-profile probe and a towing scandal are the latest in the city's struggles against crooked deals.