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As the banking and mortgage industries 'correct' themselves after the financial crisis of 2008, so must the insurance industry.

BofA agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co.

A woman convicted of taking part in a 2012 bank robbery in East Los Angeles faces further charges of filing a fake workers compensation claim after saying the incident left her with post-traumatic stress disorder.

A woman convicted of taking part in a 2012 bank robbery in East Los Angeles faces further charges of filing a fake workers compensation claim after saying the incident left her with post-traumatic stress disorder.

AIG said it will get at least $650 million as part of a settlement with Bank of America tied to faulty mortgages.

AIG said it will get at least $650 million as part of a settlement with Bank of America tied to faulty mortgages.

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.

Bank of America Corp has won the dismissal of an unusual lawsuit by shareholders accusing it of concealing a $10 billion fraud case brought by American International Group Inc.