Stories by A. D. Bamburg on Federal Newswire


Vietnam Veterans of America: Organization’s advocacy led to Defense Department update on Gulf War exposure language

Vietnam Veterans of America (VVA) said its advocacy contributed to the Department of Defense (DoD) updating language on its Health.mil website to state certain Gulf War service members were “likely exposed” under specific circumstances.


Survey highlights impact of legal tactics on consumer costs

The American Property Casualty Insurance Association (APCIA) and Munich Reinsurance America, Inc. (Munich Re US) have released a survey examining consumer opinions on certain tactics used by plaintiff lawyers.


Private credit boom implications for US financial policy and nonbank lending

In a report dated September 24, McKinsey & Company indicates that private credit has grown to nearly $2 trillion. This expansion raises significant implications for U.S. financial policy as non-bank lending increasingly dominates the market, shifting assets away from traditional banks.


APCIA’s Passmore: ‘Money fueling the mass tort litigation machine has exploded’

American Property Casualty Insurance Association Vice President of Auto and Claims Policy Bob Passmore told Federal Newswire on Aug. 9 that a growing volume of litigation and "unchecked legal system abuse" such as third-party litigation funding (TPLF) and large advertising campaigns are causing car insurance to get more expensive for policyholders.