Bank of America cannot be held liable to Allstate Insurance Company over residential mortgage-backed securities purchased by Allstate from Countrywide Financial Corporation.
As cyber risks increasingly become a top-of-mind issue for a wide spectrum of businesses, the market for policies is wide openand the competition intense.
Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.
Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.
A judge threw out federal securities-law claims in Allstate Corp's fraud lawsuit against Bank of America Corp's Countrywide unit over $700 million of toxic mortgage debt, but said the insurer may pursue state law claims.
Guidewire Software, a provider of core system software to the global property & casualty insurance industry, announces it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares...
Guidewire Software, a provider of core system software to the global property & casualty insurance industry, announces it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares...