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Bank of Ireland seeks to have US lawsuit against it dismissed

Bank of Ireland seeks to have US lawsuit against it dismissed
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Bank of Ireland faces US lawsuit from insurance group over $67m loan

Bank of Ireland has been accused of “wilful misconduct” in a US lawsuit where it is being sued by an insurance group that alongside the bank and others loaned more than $67m (€62m) to a company that makes technology products for use by people with vision impairments.

Allstate Completes Sale Of Life And Annuity Business

The Allstate Corporation today announced that it has closed the sale of Allstate Life Insurance Company and certain subsidiaries to entities managed by Blackstone for total proceeds of $4 billion, which is inclusive of Blackstone’ s approximately $2.8 billion purchase price, as well as increases in statutory surplus since March 31, 2020.

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