UnitedHealth nailed again on out-of-network claims

Managed-care company UnitedHealth Group said Thursday it will pay $350 million to settle a lawsuit over out-of-network medical claims. The deal comes two days after the insurer pledged $50 million to set

TierOne operating under agreement with regulator

TierOne Corp. has signed a supervisory agreement with its federal regulator, the Office of Thrift Supervision, after an examination by the agency determined the Lincoln banking company “violated regulatio

Supervisory agreement rarely imposed

The Office of Thrift Supervision’s imposition of a supervisory agreement on a financial institution is a rare and serious, but intermediate, enforcement action done only eight times nationally last year.

Bank stocks plunge on renewed fears of insolvency

NEW YORK �” Shares of major U.S. banks plunged Thursday as the government considered giving Bank of America Corp. a fresh multibillion-dollar aid package, raising fears on Wall Street that the battered fi

U.S. escalates fight with EU over ban on hormone-treated beef

GENEVA -- The United States announced changes Thursday to trade sanctions it applies on European goods, prompting Brussels to accuse Washington of escalating a 13-year-old beef dispute and thre