Employee benefits and risk management firm, BOK Financial Insurance (BOKFI), a division of Tulsa, Okla.-based BOK Financial Corp., is focusing on growth in Oklahoma and Texas as an expansion of its operations that have supported Colorado and Arizona clients for …
Mark Carney said he’s lucky he never had to cut interest rates below zero as Bank of England governor because they would have damaged the UK. Carney, who leaves the central bank next month, has long been opposed to negative …
Lloyd’s has announced the membership of its new, independent Culture Advisory Group, which has been set up as part of its action plan to drive long-term cultural changes in the market. Lloyd’s started its cultural transformation program in March 2019 …
Wells Fargo & Co. on Wednesday ended its forced arbitration policy for employee sexual harassment claims, opening the lender to potential lawsuits in the future. The San Francisco-based bank made the decision following a shareholder proposal from Clean Yield Asset …
Arizona’s top banking and insurance regulator is stepping down for a job in the private sector. Gov. Doug Ducey announced that Keith Schraad was leaving his post Thursday as head of the Arizona Department of Insurance and Financial Institutions. He …
Doctors and other experts say at least 50 more people, many of them elderly or ill, likely died as a result of the 2018 wildfire that devastated the town of Paradise, California, but were not counted in the official death …
American International Group reported fourth quarter 2019 net income of $922 million compared to a net loss of $622 million in the prior-year quarter. The results reflected improvement in its closely-watched General Insurance (property/casualty) division where the insurer posted an …
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The …
Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organizers’ standard insurance, they said on Thursday. The GSMA telecoms body …
E-cigarette maker Juul Labs Inc. bought online advertisements on teen-focused websites for Nickelodeon, Cartoon Network and Seventeen magazine after it launched its product in 2015, according to a lawsuit filed on Wednesday by the Massachusetts attorney general’s office. The allegations …
