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He noted that while asset managers can claim transparency with clients — who may continue to invest — these clients aren’t the actual owners of the capital.
The CFBP said they have been in contact with most bankers affected, but if you think you are eligible and have not received communication yet, you can call Wells Fargo at 844-484-5089, Monday ...
Melinda Ballard (1958–2013) [1] was an American businesswoman and activist for insurance policyholders. In 1999, she sued her insurer over mold damage in her 22-room family home in Dripping Springs, Texas. Her three-year-old son, Reese Allison, developed an unexplained respiratory condition in March 1999.
In a lawsuit that is not direct-action, a plaintiff brings the claim against the insured, who actually wronged the plaintiff. Once judgment has been rendered against the defendant , there are a number of ways that the insurance company (assuming the defendant is insured) might later be made to pay the victorious plaintiff.
Toxic mold is a common cause of bad faith lawsuits, with about half of the 10,000 toxic mold cases in 2001 being filed against insurance companies on bad faith grounds. Before 2000 the claims were uncommon, with relatively low payouts. One notable lawsuit occurred when a Texas jury awarded $32 million (later reduced to $4 million).
BlackRock estimated it runs $24 billion for Texas public pension plans, and cited $8.3 billion worth of backing for Texas projects like a natural gas utility and a carbon capture pipeline system.
We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way. TPCIGA, Mission statement According to the Texas State Auditor's Office, the "Association's purpose is to pay, fairly and in a timely manner, valid insurance claims involving insolvent property and ...
Larry Fink said BlackRock remains a big investor in oil and gas companies days after a giant Texas retirement system pulled $8.5 billion from the money manager for allegedly engaging in a boycott ...