Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or paid too little for them.
New Yorks banking regulator asked Ocwen Financial Corp. for information about an insurance agreement that it says may be designed to funnel fees to an Ocwen affiliate for minimal work.
New Yorks banking regulator asked Ocwen Financial Corp. for information about an insurance agreement that it says may be designed to funnel fees to an Ocwen affiliate for minimal work.
Hedge fund heavyweight David Einhorn's reinsurance business, Greenlight Capital Re Ltd, on Tuesday warned that other insurers were making "irrational" deals in Florida in the face of heavy competition.