Wells Fargo CEO to Face Senators Over Consumer Lending, Auto Insurance Sales Scandals October 3, 2017 By Dan Freed and Patrick Rucker Wells Fargo & Co. CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints...
Supreme Court Justices Appear Split Over Employee Class Action Case October 3, 2017 By Lawrence Hurley and Robert Iafolla Liberal U.S. Supreme Court justices on Monday defended the right of workers to bring class-action claims against companies but their...
Eyewitness to Destruction, Hope: TOPA Insurance CEO Shares Caribbean Hurricane Experiences October 3, 2017 By Amy O'Connor When Topa Insurance Group President and CEO John Donahue arrived in the U.S. Virgin Islands (USVI) just a few days...
Las Vegas Mass Shooting Raises Concerns Over Safety at Live Events October 2, 2017 By Christopher Palmeri and Jessica Brice The shooting attack at a Las Vegas concert on Sunday night that killed at least 58 people is the latest...
Hurricane Claim Insurance Checks Drive New Car Sales October 2, 2017 By Jamie Butters As Hurricane Harvey poured on Houston, Frank Rodriguez feared for his 2014 GMC Sierra. Once he saw the pickup’s soaking-wet...
Supreme Court to Decide Future of Workers’ Class Action Suits Against Employers October 2, 2017 By Lawrence Hurley and Robert Iafolla The U.S. Supreme Court kicks off its new nine-month term on Monday with a major employment case that could deprive...
Insuretech Connect Conference in Las Vegas to Go On as Scheduled October 2, 2017 The Insuretech Connect Conference scheduled to open today in Las Vegas at Caesar’s Palace will still be held as planned...
Finance Industry Sues to End U.S. Rule Curbing Forced Arbitration for Consumers October 2, 2017 By Elizabeth Dexheimer A coalition of corporate lobbying groups, led by the U.S. Chamber of Commerce, sued the Consumer Financial Protection Bureau to...
U.S. Regulator Lifts Systemic Risk Tag on Slimmed-Down AIG October 2, 2017 By Jesse Hamilton, Sonali Basak and Katherine Chiglinsky American International Group Inc. is no longer too big to fail. That was the ruling Friday from the Financial Stability...
Court Overturns $663 Million Fraud Judgment Against Guardrail Maker Trinity October 2, 2017 By Margaret Cronin Fisk and Chris Dolmetsch, Bloomberg Trinity Industries Inc. won’t have to pay a $663 million judgment that was awarded in a whistleblower lawsuit alleging the...