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China takes over companies linked to disappeared financier

Jul 19, 2020

Among the companies being taken over are Huaxia Life Insurance Co., Tianan Life Insurance Co., Tianan Property Insurance Co., New Times Trust Co., Yi’An Property Insurance Co., and New China Trust Co., the China Banking and Insurance Regulatory Commission said in a statement on its website Friday.

Investors sue Deutsche Bank,CEO in wake of Epstein fine

Jul 19, 2020

The lawsuit was filed on Wednesday in the U.S. District Court in Newark, New Jersey, and seeks unspecified damages.

It claims shareholders lost money because of Deutsche Bank’s dealings with Epstein,who was implicated in dozens of sexual abuse cases.

Lloyd’s underwriters sue Indiana Archdiocese for not disclosing allegations of child sexual abuse

Jul 19, 2020

Underwriters for Lloyd’s of London contends in a federal lawsuit filed Monday that when the archdiocese applied for excess sexual misconduct liability insurance in June 2019, it failed to disclose abuse allegations against Rev. David J. Marcotte reported months before its application was filed.The lawsuit asks a judge to rescind the insurance policy and render it void, The Indianapolis Star reported.

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