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After mining, a coal company is required to restore the land it disturbed, e.g., by regrading or replanting. The federal government requires coal companies to get bonds to assure their payment for these activities.

Federal law permits coal mine operators in some cases to guarantee these costs on the ...

French insurer AXA is acquiring Bermuda-based property/casualty commercial lines re/insurer XL Group for $15.3 billion (€12.4 billion) in cash.

The price represents a premium of 33 percent to XL Group closing share price on March 2, 2018.

The move will shift AXA’s business profile from L&S (life &...

Liberty Mutual has announced the operating structure of its recently formed Global Risk Solutions business, which will consist of specialty, reinsurance, and surety operations.

The businesses included in the new arrangement are National Insurance, Global Surety, North American Specialty, and Liberty ...

The state auditor says he wants Medicaid providers to insure that they’ll do the work the state is paying them for by putting up some money to prove it. He’s backing a bill that he says will help the state recover money spent on fraudulent payments.

Auditor Dave Yost said in December that his team fo...

Nevada tax preparers have been required to comply with a number of new requirements as of July of last year. These requirements include the necessity to pay application and renewal fees to become registered as a document preparation service, as well as to obtain and maintain a surety bond.

Requiremen...