UPDATE 1-Egypt's Amer paints positive image of currency float
* Amer predicts 30 percent fall in imports bill (Recasts with second tranche of World Bank loan, adds details from interview, quotes, background)
WASHINGTON Dec 6 The Supreme Court on Tuesday upheld a jury verdict that found State Farm defrauded the U.S. government when the insurance company assessed damage caused by Hurricane Katrina along the Gulf of Mexico coast in 2005.
The court ruled 8-0 in rejecting State Farm's challenge to a 2015 lower court ruling upholding the verdict in a 2006 lawsuit brought by two whistleblowers, sisters Cori and Kerri Rigsby, under the False Claims Act, which lets people sue on behalf of the government over allegations it has been defrauded.
The suit accused the Bloomington, Illinois-based company of improperly seeking to foist the costs of covering Katrina-related damage to a Biloxi, Mississippi home onto the government rather than covering the costs itself.
(Reporting by Lawrence Hurley; Editing by Will Dunham)
WASHINGTON, Feb 24 Five U.S. financial services groups on Friday appealed a federal court decision handed down earlier this month that upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice.
* General Electric - due to anticipated tax benefits and gains, co does not expect total after-tax charges through completion of ge capital exit plan to exceed initial $23 billion estimate