Wells Fargo & Co. News

Bank Told To Pay $3.2M For New Mexico Foreclosure Despite Insurance

A New Mexico judge has issued a $3.2 million judgment against Wells Fargo & Co. for foreclosing on a man’s home after his death, even though he had a purchased an insurance policy through the bank that would have paid …

Wells Fargo’s Insurance Unit Buys Reno Firm

The insurance unit of Wells Fargo & Co. has purchased ISU Stetson-Beemer Insurance, an insurance brokerage and consulting firm in Reno, Nev. The purchase closed on Sept. 1. Terms of the deal were not disclosed. Stetson-Beemer, founded in 1923, provides …