The Obama administration warned the health care industry Monday that it "won't hesitate to block mergers that threaten to stifle competition," The Associated Press reports. "Justice Department antitrust chief Christine Varney told a lawyers' conference that vigorous enforcement ... [full story]

LONDON—The Atlantic hurricane season that begins June 1 is expected to spawn an unusually high number of storms, experts said in a Tuesday forecast. Advertisement London-based Tropical Storm Risk, which maps and predicts tropical cyclone activity through its affiliation ... [full story]

(Bloomberg) -- The former chief financial officer of AIA Group Ltd., the subject of a $35.5 billion bid by Prudential Plc, said insurance companies risk overpaying for acquisitions because of a shortage of targets. “I have an impression that ... [full story]

HOUSTON (Bloomberg) Lloyd's of London has asked a U.S. judge to declare that Transocean Ltd.'s excess insurance carriers have no obligation to cover BP P.L.C. against cleanup costs or damage claims resulting from the Gulf of Mexico oil spill. ... [full story]

WASHINGTON  - The National Association of Mutual Insurance Companies (NAMIC) responded to Senate passage of S. 3217, the Restoring American Stability Act of 2010. “It’s been a long journey since work began on the Wall Street reform bill, and from the ... [full story]

Decisions such as the Federal Emergency Management Agency’s to delay charging market rates for policies sold in certain areas under the deficit-ridden National Flood Insurance Program, could become more common, an insurer group said. An official of the Property Casualty Insurers ... [full story]