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Yearlong case of alleged insurance fraud in Florida closes

WESH 2 Investigates has learned that one of the cases involving allegations of insurance company fraud, which may have led to underpayment of claims to homeowners following major storms, has been closed.The Department of Financial Services cited a lack of...

Biden judge stays lower court ruling and sends issue to state court to give victim of insurance cancellation the opportunity to recover damages

Judge Julie Rikelman,  nominated by President Biden to the First Circuit, wrote a unanimous opinion that stayed a lower court ruling and gave a person whose disability insurance policy was cancelled the chance to recover damages from the insurance company for improperly cancelling...

All the market-moving chatter from Wall Street Monday morning

(This is CNBC Pro's live coverage of Monday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Analysts kicked off the week with an upgrade to a major electronics retailer. Jefferies raised its rating on Best...

Reporting Beneficial Owners Under the Corporate Transparency Act

On January 1, 2024, the Corporate Transparency Act (“CTA”) comes into effect. This sweeping new law imposes significant reporting obligations upon entities that are required to report beneficial ownership and registrant information to the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”). On September...