Wells Fargo & Co. is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents and a source familiar with the effort. …
Employers Mutual Casualty Co. has proposed to purchase all the outstanding common stock of its affiliate EMC Insurance Group Inc. As the parent company, Employers Mutual Casualty currently owns approximately 55 percent of the outstanding shares of EMC Insurance Group’s …
Investors who bought insurance meant to mitigate losses from Sears Holdings Corp.’s bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings, according to a letter seen by Reuters. According to the letter, …
As California’s catastrophic wildfires recede and people rebuild after two hurricanes, a massive new federal report warns that these types of disasters are worsening in the United States because of global warming. The White House report quietly issued Friday also …
A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable for the still-unexplained disaster. U.S. District Judge Ketanji …
Long-term exposure to a chemical compound currently used for making nonstick coatings appears to be dangerous, even in minute amounts, according to draft findings released by the Environmental Protection Agency. It was the first time EPA weighed in on newer, …
The National Football League is awarding more than $35 million in funding to five organizations conducting research into diagnosis and treatment of brain injuries. Through its Scientific Advisory Board established as part of its “Play Smart. Play Safe” initiative, the …
A U.S. judge overseeing the federal litigation against Bayer AG’s Monsanto unit over glyphosate-based weed-killers allegedly causing cancer on Tuesday selected the first case to be tried in federal court in February 2019. U.S. District Judge Vince Chaabria in San …
Developer Jeff Lamkin knew the risks when he paid $250 million for 63 acres of an island off the Texas coast. But he saw only upside in the quaint little beach town of Port Aransas. Over the next 10 years …
Santander Consumer USA Holdings Inc., a leading subprime auto lender, will pay $11.8 million to settle claims that it misled customers about the cost and terms of auto loans and insurance, a U.S. consumer watchdog said on Tuesday. Santander Consumer, …
