Latest Jpmorganchase Headlines
All the headlines from our Jpmorganchase Topic Page, ordered by recency.
J.P. Morgan Economist Sees 40% Chance of US Recession
Mar 12 2025 // There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country’s standing as an investment destination if the administration undermines trust in U.S. governance, according to...
U.S. Insurers Now Among Major Buyers of ETFs: JP Morgan
Nov 21 2016 // The booming demand for hot exchange-traded funds has finally caught up with the staid, sleepy insurance industry. U.S. insurers are the latest group of investors to start buying ETFs (exchange-traded funds) en masse, with...
JP Morgan, Assurant Settle Force-Placed Insurance Claims for $300M
Sep 10 2013 // JPMorgan Chase & Co and a major insurer have agreed to a $300 million settlement to resolve accusations that they forced homeowners into over-priced property insurance and entered into kickback arrangements that...
Court Throws Out Class Action Against JP Morgan Over Clearing Broker
Mar 18 2013 // A U.S. federal appeals court on Friday threw out a class action lawsuit against JPMorgan Chase & Co., making it easier for companies that clear trades to avoid being accountable to investors who are defrauded by their...
N.Y. Court: AG Enforcement Doesn’t Pre-empt Private Securities Suits
Dec 21 2011 // Enforcement by the state attorney general against securities fraud doesn’t pre-empt private common-law claims of negligence against investment companies, New York’s top court ruled Tuesday. The Court of Appeals...
Progressive Names JP Morgan’s Miller as Director
Jun 21 2011 // Insurance company Progressive Corp. said that it named JPMorgan Chase & Co. executive Heidi Miller as a board member and authorized a share buyback. Miller, 58, will serve a term that ends at Progressive’s annual...
Tokyo Nuclear Plant Company Could Face $23 Billion in Losses
Apr 12 2011 // Tokyo Electric Power could face 2 trillion yen ($23.6 bln) in special losses in the current business year to March 2012 to compensate communities near its crippled nuclear plant, JP Morgan said in a research report...
Aon Consulting to Acquire J.P. Morgan Benefit Actuarial Services
Mar 19 2010 // Aon Consulting, the benefits consulting business of Aon Corp., has agreed to acquire J.P. Morgan Compensation and Benefit Strategies, a division of J.P. Morgan Retirement Plan Services, LLC. J.P. Morgan Compensation and...
Why AIG Omitted JP Morgan from Underwriters for Life Insurer IPO
Feb 12 2010 // American International Group Inc. turned down JPMorgan’s attempts to get in on the estimated $10 billion Hong Kong IPO of its Asian life insurance unit, sources involved with the deal said on Friday, in a snub partly...
Rose Joins XL Board
Dec 18 2009 // XL Capital announced that Clayton S. Rose, a Professor of Management Practice at the Harvard Business School and a former executive of J.P. Morgan & Co., has joined the Company’s Board of Directors. While at...
Swiss Re Signs $1.5 Billion Letter of Credit with JP Morgan
Dec 22 2008 // Swiss Re has reacted to what it describes as “the unprecedented turmoil in the capital markets,” by arranging a $1.5 billion Letter of Credit (LoC) facility with JP Morgan. The world’s largest reinsurer...
Fla.: Brown & Brown Acquires Certain J.P. Morgan Insurance Assets
Oct 4 2007 // Florida-based Brown & Brown Inc., announced the purchase of the property and casualty insurance brokerage business of J.P. Morgan Insurance Agency Inc., located in Newark, Del. The acquired business, with annualized...
Millea to Form Reinsurer with JP Morgan Chase
Mar 12 2007 // Millea Holdings, Inc. announced that it plans to establish a life and annuity reinsurance subsidiary on the Isle of Man by the end of this month. “Tokio Marine Bluebell Re Limited,” will be set up jointly with...
Born as Kemper Life, Then Zurich Life, Then OneLife, Now…Chase Insurance under J.P. Morgan
Nov 16 2004 // The insurance company that began as part of Kemper Life in 1905 will begin its second century with the name Chase Insurance, reflecting its new role as the insurance arm of JPMorgan Chase & Co. Chase Insurance...
J.P. Morgan Settles Surety Cases with All 11 Companies
Jan 3 2003 // J.P. Morgan Chase & Co. has now settled its dispute with all 11 insurance companies that had issued Enron-related surety bonds and will receive approximately 60 percent of the principal amount of $965 million. In...
SAFECO Not Expecting Material Impact from J.P. Morgan Settlement
Jan 3 2003 // Seattle-based SAFECO announced that Thursday’s settlement of a case involving J.P. Morgan Chase and 11 insurance companies isn’t expected to have a material impact on SAFECO’s financial results. In the...
St. Paul, CNA Expect Minimal Impact from Enron Settlement with JP Morgan Chase
Jan 3 2003 // Following the announcement that the billion dollar surety case between JP Morgan Chase and 11 insurance companies over Enron related transactions had been settled, both The St. Paul and CNA issued statements indicating...
J.P. Morgan Reports Settlement with 10 of 11 Insurers in Surety Case
Jan 2 2003 // J.P. Morgan Chase & Co. announced it has settled its dispute with 10 of the 11 insurance companies regarding the surety contracts issued by those companies that guaranteed obligations of Enron Corp. to JPMorgan Chase...
JUDGE DISMISSES J.P. MORGAN FRAUD CLAIM
Oct 14 2002 // A federal judge has dismissed J.P. Morgan Chase & Co.’s fraud claim levied against 11 insurers, possibly derailing the company’s attempt to gather approximately $1 billion in losses resulting in trade...
Judge Dismisses J.P. Morgan Fraud Claim
Sep 17 2002 // A federal judge has dismissed J.P. Morgan Chase & Co.’s fraud claim levied against 11 insurers, possibly derailing the company’s attempt to gather approximately $1 billion in losses resulting in trade...
