U.S.
Mortgage Insurers Form New Trade Group
Six U.S. mortgage insurers, including units of Radian Group Inc. and Genworth Financial Inc., formed a lobbying association to push for a broader role for the industry in a revamped housing-finance ...
Nationwide Helps Finance $50M SunEdison Calif. Solar Project
SunEdison Inc., the solar developer and polysilicon supplier formerly known as MEMC Electronic Materials Inc., will use $50 million to build 13.4 megawatts of photovoltaic projects for California ...
Early Warning: El Nino Could Strike by Summer
The much-feared El Nino phenomenon, the warming of sea surface temperatures in the Pacific which can trigger drought in Southeast Asia and Australia and floods in South America, could strike as early ...
Fitch Sees Rise in Demand for Private Flood Insurance
As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, ...
Company Mergers in U.S. Ignore 60-Day ‘Cooling Off’ Period: Reuters
Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world's biggest passenger airline, as envisioned by two companies and the U.S. Justice ...
HSBC, Wells Fargo Forced-Property Insurance Suits Settled
HSBC Holdings Plc and Wells Fargo & Co. have agreed to settle lawsuits by mortgage holders who alleged they were forced to pay for property insurance at inflated rates. HSBC will pay as much as ...
Top Execs of Failed Dewey Law Firm Charged with Fraud
Three former executives at Dewey & LeBoeuf LLP, once the No. 3 legal adviser to banks handling merger deals, were charged with a "blatant" $200 million fraud that spurred the largest law firm ...
Farmers Told to Pay Oklahoma Trio $15M
An Oklahoma judge has ordered Farmers Insurance and a subsidiary to pay a total of $15 million to three plaintiffs who filed claims for damage to their homes caused by a deadly tornado that struck ...