Industry News
Wells Fargo Wins Predatory Lending Lawsuit Dismissal in L.A.
Wells Fargo & Co on Friday won the dismissal of a lawsuit by Los Angeles that accused the largest U.S. mortgage lender of violating the federal Fair Housing Act by engaging in predatory lending ...
Uber Loses Bid To Toss Lawsuit Challenging Its Safety Claims
Uber Technologies Inc. lost a bid to dismiss a lawsuit over its claims to being safer than taxis. U.S. District Judge Jon Tigar in San Francisco on Friday allowed the case to proceed, finding that ...
Tokio Marine Looking at China Expansion
Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...
Japanese Insurers Eye More U.S. Acquisitions
Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home ...
Verisk Insurance Solutions Launches Device Reputation Service
Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and Portland, Ore.-based iovation announced the launch of the Verisk Device Reputation Service, a tool to ...
Padgett Plaintiffs Ask Florida Supreme Court to Decide Workers Comp Constitutionality
A legal challenge to the constitutionality of Florida workers compensation system that was thrown out by a state appeals court may be headed to the Florida Supreme Court. The plaintiffs in the case ...
Jacobson, Ward Updating Insurance Labor Outlook Study for Midyear Outlook
The Jacobson Group and Ward Group, an Aon Hewitt company, are conducting the 2015 midyear iteration of the Semi-Annual U.S. Insurance Labor Outlook Study. "As demand continues to far surpass the ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...