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Bank of America and QBE Insurance Corp have agreed to pay $228 million to settle claims that they engaged in a kickback scheme inflating the cost of insurance that homeowners were forced to buy, according to a court filing.

Conning & Co., the money manager controlled by Jeff Greenbergs Aquiline Capital Partners LLC, is adding about $6 billion in assets from Brookfield Asset Management Inc. as the seller exits the business of overseeing funds for insurers.

Conning & Co., the money manager controlled by Jeff Greenbergs Aquiline Capital Partners LLC, is adding about $6 billion in assets from Brookfield Asset Management Inc. as the seller exits the business of overseeing funds for insurers.

The cars at the center of General Motors Co.s February recall were still on the drawing board when a top engineer gathered more than a dozen managers and delivered a fateful message: Build them for less.

HSBC Holdings Plc and Wells Fargo & Co. agreed to settle lawsuits by mortgage holders who alleged they were forced to pay for property insurance at inflated rates.

HSBC Holdings Plc and Wells Fargo & Co. agreed to settle lawsuits by mortgage holders who alleged they were forced to pay for property insurance at inflated rates.

Zurich Insurance, rocked by the suicide of its finance chief less than three months ago, said on Thursday it would miss a year-end profitability target in its largest unit General Insurance.

Warren Buffett, chairman and chief executive of Berkshire Hathaway, said Wednesday that the threat of not raising the U.S. debt ceiling is a political weapon.