New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown September 4, 2024 By Zeke Faux, Laura Nahmias, Natalie Lung and Claire Ballentine In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of...
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil March 18, 2024 By Zachary R. Mider and Zeke Faux A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens...
The Oil Was From Iran. The Insurance Was From New York February 9, 2024 By Zachary Mider and Zeke Faux Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian...
Cuomo Criticizes Predatory Lending Approach Involving New York Courts January 16, 2019 By Zeke Faux and Zachary R. Mider New York Governor Andrew Cuomo is seeking to end his state’s role as the nation’s collections department for predatory loans...
New York Lawmakers Pledge to Change Laws That Enable Predatory Lending December 13, 2018 By Zachary R. Mider and Zeke Faux New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to...
New York Said to Open Investigation into Potential Small-Business Lending Abuse December 7, 2018 By Zeke Faux and Zachary Mider New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small...
Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders December 7, 2018 By Zeke Faux and Zachary R. Mider Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from...
Wells Fargo Settles Brokers’ Claims of Racial Bias January 3, 2017 By Kartikay Mehrotra, Zeke Faux and Noah Buhayar Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them...
Updated: China’s Fosun to Buy Remaining Shares in Ironshore for $1.84B May 4, 2015 By Regina Tan, Sonali Basak and Zeke Faux Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore...