Court Revives Whistleblower Claim Against Wells Fargo September 10, 2017 By Jonathan Stempel Wells Fargo & Co. faces a new legal worry after a federal appeals court last Thursday revived a whistleblower lawsuit...
Irma Update: Tropical Storm Exits Florida for Georgia After Flooding Cities, Cutting Utilities September 10, 2017 By Zachary Fagenson and Daniel Trotta Downgraded from a hurricane to a tropical storm, Irma flooded several northern Florida cities with heavy rain and a high...
After Powerful Mexico Quake, Authorities Evaluate if Cat Bond Payout Triggered September 10, 2017 By David Alire Garcia and Jose Cortes At least 61 people died when the most powerful earthquake to hit Mexico in over eight decades tore through buildings...
New Workers’ Comp Filing Submitted to California Department of Insurance September 8, 2017 The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the...
Future of State Auto Insurance Group’s E&S Business Under Review September 8, 2017 Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including...
Motel 6 Will Settle Human Trafficking Suit Involving Los Angeles Property September 8, 2017 Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was...
California Bill Would Force Wells Fargo to Court Over Fake Accounts September 8, 2017 The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who...
Indian Insurer ICICI Lombard Hopes to Raise $892 Million with IPO September 8, 2017 By Devidutta Tripathy ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57...
Arkema Sued by Police, EMTs over Chemical Plant Fire after Harvey September 8, 2017 Police and emergency workers filed suit on against French chemicals company Arkema SA, claiming it failed to take adequate steps...
Hedge Funds Overseeing Cat Bonds Try to Remain Calm Over Irma September 8, 2017 By Sonali Basak Greg Hagood didn’t have many details to work with on Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in...