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Washington Mutual sues FDIC for over $13 billion
NEW YORK (Reuters) - Washington Mutual Inc, the failed U.S. savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations, which was acquired by JPMorgan Chase & Co.
Reuters

AIG documents show higher total for bonuses
The attorney general of Connecticut says he's asking insurance giant AIG why documents appear to show the company paid $53 million US more in bonuses to its financial products division than previously reported.
CBC

Stimulus bill gives relief to unemployed workers paying for COBRA health insurance
A little-noticed provision of the stimulus bill signed last month by President Barack Obama may give the growing ranks of unemployed workers some relief with their medical bills.
Topix.net

South Dakota Department of Labor receives $1.2 million
The South Dakota Department of Labor has received $1.2 million in federal stimulus funds for the administration of the unemployment insurance system.
Topix.net

Patients Suffer As A Result Of Insurance Pricing Scheme
Millions of patients suffering from diseases such as rheumatoid arthritis, multiple sclerosis, hemophilia, hepatitis C and certain types of cancer are at risk of incurring thousands of dollars in medical expenses due to a new pricing system being implemented by many insurance companies across the united states.
Medical News Today

FDIC says banks lost $32.1 billion last quarter
Federal regulators now say the nation's banks lost $32.1 billion in the final quarter of last year, even worse than the $26.2 billion originally reported last month. The Federal Deposit Insurance Corp. said Friday that significant revisions it received from...
SF Gate

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