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New York State's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.
A New York appeals court on Thursday revived Assured Guaranty Corp's claims for certain damages in its lawsuit against Credit Suisse Group AG over allegedly defective loans underlying mortgage-backed securities.
A New York state judge declined to delay court approval of Bank of America Corp's $8.5 billion settlement with investors in mortgage-backed securities, rejecting a move by American International Group Inc.
American International Group is holding "hostage" an $8.5 billion deal to compensate investors who bought Bank of America Corp mortgage securities, supporters of the deal said in court filings ahead of a hearing on Wednesday.
A new judge presiding over Bank of America Corp's proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal maneuvers.
A New York state judge on Friday approved most of Bank of America Corp's $8.5 billion settlement with investors over toxic mortgage securities, but left a caveat that could complicate the bank's efforts to implement the deal.
Bank of America Corp has rejected a bid to re-open negotiations into its proposed $8.5 billion settlement with investors in mortgage securities, indicating it plans to take its chances that a New York judge will approve the deal.
A subsidiary of Chubb Corp. and other insurers must defend themselves against a lawsuit for refusing to cover more than $200 million paid out by Bear Stearns over illegal mutual fund trading practices, New York's highest court ruled on Tuesday.
A subsidiary of Chubb Corp. and other insurers must defend themselves against a lawsuit for refusing to cover more than $200 million paid out by Bear Stearns over illegal mutual fund trading practices, New York's highest court ruled on Tuesday.
AIG argued that a proposed $8.5 billion settlement between Bank of America and investors in Countrywide Financial mortgage-backed securities was not big enough.
{ "author": { "name": "Karen Freifeld Reuters", "webUrl": "/author/profile/karen-freifeld-reuters/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 32, "social": [], "articles": [ { "uri": "/2014/04/09/n-y-regulator-subpoenas-4-insurers-in-iran-sanctions-probe-source/", "title": "N.Y. Regulator Subpoenas 4 Insurers in Iran Sanctions Probe: Source", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "April 09, 2014", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "New York State's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.", "body": null }, { "uri": "/2014/02/28/ny-court-revives-assureds-damage-claims-against-cr/", "title": "NY Court Revives Assured's Damage Claims Against Credit Suisse", "byline": " Karen Freifeld, Reuters ", "kicker": "News", "prettyDate": "February 28, 2014", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A New York appeals court on Thursday revived Assured Guaranty Corp's claims for certain damages in its lawsuit against Credit Suisse Group AG over allegedly defective loans underlying mortgage-backed securities.", "body": null }, { "uri": "/2014/02/19/aig-loses-bid-to-delay-8-5b-bofa-settlement/", "title": "AIG Loses Bid to Delay $8.5B BofA Settlement", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "February 19, 2014", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A New York state judge declined to delay court approval of Bank of America Corp's $8.5 billion settlement with investors in mortgage-backed securities, rejecting a move by American International Group Inc.", "body": null }, { "uri": "/2014/02/19/aig-holding-bofa-8-5b-settlement-hostage-investors-say/", "title": "AIG Holding BofA $8.5B Settlement 'Hostage,' Investors Say", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "February 19, 2014", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "American International Group is holding \"hostage\" an $8.5 billion deal to compensate investors who bought Bank of America Corp mortgage securities, supporters of the deal said in court filings ahead of a hearing on Wednesday.", "body": null }, { "uri": "/2014/02/05/aig-led-investors-win-delay-of-bofa-8-5b-mortgage/", "title": "AIG-Led Investors Win Delay of BofA $8.5B Mortgage Settlement", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "February 05, 2014", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A new judge presiding over Bank of America Corp's proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal maneuvers.", "body": null }, { "uri": "/2014/02/03/court-approves-bofa-8-5b-mortgage-deal-aig-foresee/", "title": "Court Approves BofA $8.5B Mortgage Deal; AIG Foresees Long Legal Fight", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "February 03, 2014", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A New York state judge on Friday approved most of Bank of America Corp's $8.5 billion settlement with investors over toxic mortgage securities, but left a caveat that could complicate the bank's efforts to implement the deal.", "body": null }, { "uri": "/2013/06/28/bank-of-america-rejects-aig-bid-to-reopen-8-5b-mor/", "title": "Bank of America Rejects AIG Bid to Reopen $8.5B Mortgage Accord", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "June 28, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Bank of America Corp has rejected a bid to re-open negotiations into its proposed $8.5 billion settlement with investors in mortgage securities, indicating it plans to take its chances that a New York judge will approve the deal.", "body": null }, { "uri": "/2013/06/12/chubb-other-insurers-must-face-suit-over-sec-bear/", "title": "Chubb, Other Insurers Must Face Suit over SEC, Bear Stearns Settlement Claims", "byline": " Karen Freifeld, Reuters ", "kicker": "News", "prettyDate": "June 12, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A subsidiary of Chubb Corp. and other insurers must defend themselves against a lawsuit for refusing to cover more than $200 million paid out by Bear Stearns over illegal mutual fund trading practices, New York's highest court ruled on Tuesday.", "body": null }, { "uri": "/2013/06/12/chubb-other-insurers-must-face-suit-over-sec-bear-stearns-settlement-claims/", "title": "Chubb, Other Insurers Must Face Suit over SEC, Bear Stearns Settlement Claims", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "June 12, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A subsidiary of Chubb Corp. and other insurers must defend themselves against a lawsuit for refusing to cover more than $200 million paid out by Bear Stearns over illegal mutual fund trading practices, New York's highest court ruled on Tuesday.", "body": null }, { "uri": "/2013/06/05/aig-argues-against-8-5b-settlement-with-bofa/", "title": "AIG Argues Against $8.5B Settlement with BofA", "byline": "Karen Freifeld, Reuters", "kicker": "News", "prettyDate": "June 05, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/karen-freifeld-reuters/", "name": "Karen Freifeld, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AIG argued that a proposed $8.5 billion settlement between Bank of America and investors in Countrywide Financial mortgage-backed securities was not big enough.", "body": null } ] } }
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