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Businessman From Westchester Who Made Mark In Real Estate, Autos, Insurance Dies
A Connecticut resident who grew up in Westchester County and worked in insurance, automobiles, and real estate over the course of his career has died at the age of 78.
Fairfield County resident Kurt Hothorn Jr., of Greenwich, died at Greenwich Hospital on Friday, Sept. 23, according to his obituary.
He was born in New York City and raised in Scarsdale, his obituary said.
Hothorn graduated from Concordia Prep, and he went on to study at Valparaiso University in Indiana.
He served in the United States Air Force during the Vietnam War, his obituary said.
"His professional life st…
Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M
Wells Fargo Bank has agreed to pay $575 million – including more than $34 million combined to New Jersey, New York and Connecticut – to settle charges that it engaged in a variety of sales, lending, and other improper business practices for more than a decade.
The bank also has agreed to pay more than $385 million to 850,000 auto finance customers who were wrongly charged premiums, interest, and fees for forced-place collateral protection insurance, even though they already had the coverage.
That includes payments to more than 51,000 customers whose cars were repossessed, according to the m…