Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalized a metals financing deal with French bank Natixis that triggered a $32 million lawsuit by the lender, court documents seen by …
The $100 million lawsuit that Mondelez, the maker of Oreos and Cadbury chocolate, has brought against Zurich Insurance Group shows that governments should be more careful about identifying the would-be culprits in putative cyber-wars: Such claims can have unintended consequences, …
The New Jersey Department of Banking and Insurance (DOBI) recovered more than $15.7 million for consumers in fiscal year 2015 which ended June 30, according to an announcement today by Acting Commissioner Richard J. Badolato. DOBI recovered $15.02 million from …
Georgia Insurance Commissioner Ralph Hudgens said his department’s consumer services division helped Georgians receive more than $2 million in claims settlement disputes with insurance companies. Commissioner Hudgens said his department’s consumer services specialists have answered 4,046 complaints and helped consumers …
New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski announced last week that his department recovered nearly $21 million for consumers and health care providers, including nearly $7 million for victims of Superstorm Sandy, in 2013. “The Department’s mission …
Maine’s Bureau of Insurance obtained nearly $2 million in recoveries and required payments on behalf of Maine consumers in 2013, officials said Tuesday. More than $1.5 million was recovered for consumers by the Bureau’s Consumer Health Care Division, and almost …
