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News Updates

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International

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National

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  • Wells Fargo to Pay $3B to U.S. to Settle Fake Accounts Scandal
    Wells Fargo & Co. has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the …
  • Buffett Says Combs Likely to Head GEICO Only Temporarily
    Warren Buffett doesn’t expect Todd Combs, one of his two key investing deputies, to be at auto insurer Geico long. Buffett’s Berkshire Hathaway Inc. tapped Combs in December to become chief executive officer of its Geico unit. He replaced Bill …

Southeast

RSS West News – Insurance Journal

  • Colorado Excessive Force Lawsuit Settled for $125K
    Fort Collins, Colo. has reached a $125,000 settlement with a woman who sued the city after an off-duty police officer pinned her to the ground outside her apartment complex. The Coloradoan reports a city spokeswoman confirmed the settlement with Kimberly …
  • National Insurance Crime Bureau Says Arizona Leads Nation in Auto Glass Claims
    Arizona leads the nation in auto glass claims despite being 14th in total population, according to the National Insurance Crime Bureau. Insurance industry data shows that between 2015 and 2019, 10% of the nation’s auto glass claims were in Arizona. …