Less than a week after a report alleged, and Wells Fargo admitted, to charging its auto loan customers for unnecessary and unwanted insurance, the bank has been subpoenaed by New York state banking and insurance regulators over the matter. Reuters reports that the New York Department of Financial Services sent subpoenas to two of Wells Fargo’s banking units today in …
NYS Entity Status
NYS Filing Date
MARCH 14, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2013 - KASKY INSURANCE & FINANCIAL SERVICES, INC.
Around the Web
- Wells Fargo Subpoenaed Over Alleged Insurance Scheme That Resulted In 25,000 Vehicle Repossessions
By Ashlee Kieler - Wednesday Aug 2, 2017
- 25,000 Wells Fargo Customers Lost Vehicles After Bank Charged For Unwanted Insurance
By Ashlee Kieler - Friday Jul 28, 2017
Nearly 25,000 Wells Fargo customers, including many servicemembers, lost their vehicles after failing to pay for unneeded, unwanted insurance the bank charged them for, according to a new report suggests. The New York Times reports that a 60-page internal report prepared for Wells Fargo executives details the bank’s latest customer service fiasco involving hundreds of thousands of people who were …
- A New Hispanic Approach For Financial Services
Thursday Jan 26, 2017
The financial services industry is no stranger to the Hispanic market. Many of the largest national and regional banks, insurance companies, tax preparation and investment firms have been targetingthe Hispanic market for years. In 2014, the financial/insurance category spent a total of $352 million in measured Hispanic-targeted media (Nielsen, SSG). According to AHAA, from 2006 to 2010,expenditures by the financial services category saw a major increase in allocation of overall ad spending to the Hispanic market.
- ‘Too Big to Fail’ Label May Shrink for Some Firms Under Trump
By VICTORIA FINKLE - Monday Sep 4, 2017
The Trump administration is examining the use of the designation for large non-bank financial institutions, with a closely anticipated Treasury report on the matter expected next month.
- Insurance Giant Aetna Is Leaving Hartford for New York City
By SARAH MASLIN NIR - Thursday Jun 29, 2017
Aetna will move to new headquarters in Manhattan, drawn by New York’s emergence as a digital powerhouse, as well as financial incentives.
- States Sue Trump Administration For Halting $7 Billion In Cost-Sharing Payments To Insurers
By Chris Morran - Friday Oct 13, 2017
With a one-paragraph statement released late in the evening on Thursday, President Trump announced he was pulling the plug on $7 billion a year in payments from the federal government to insurance companies who sell individual policies through the exchanges set up by the Affordable Care Act. Today, at least five states say they are suing to keep these subsidies …