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W. R. Berkley second-quarter profit rises on strong underwriting

July 20 (Reuters) - Commercial insurer W. R. Berkley reported a rise in second-quarter profit on Monday, boosted by robust investment gains and steady underwriting performance. Demand for insurance remained resilient as households and businesses continued to seek protection against large and unpredictable losses. Here are... Read More.

Capital One defeats lawsuit alleging excessive credit-card rates

By Jonathan Stempel July 20 (Reuters) - Capital One persuaded a Maryland federal judge on Monday to dismiss a proposed class-action lawsuit accusing the bank of charging excessive interest rates to credit-card customers. U.S. District Judge Theodore Chuang rejected the claim that the federal National Bank... Read More.