Monthly Archives: <span>February 2017</span>

UK, Canada Regulators Sign Agreement to Help Expansion of Fintech Firms

British and Canadian regulators have signed an agreement to make it easier for financial technology companies to expand in each other’s markets, they said on Wednesday. The agreement between the UK’s Financial Conduct Authority and the Ontario Securities Commission is …

Intesa Abandons Plans to Buy Generali, Citing Lack of Shareholder Value

Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A merger of the two would have created an Italian …

Republicans’ Replacement for Obamacare Taking Shape

Republican lawmakers expect that their Obamacare replacement will result in fewer Americans covered by health insurance, a fact that’s likely to increase blowback amid growing support for the program. New details of the plan are beginning to emerge, described by …

Trump Administration Reviewing Obama’s Autonomous Vehicle Guidance

U.S. Transportation Secretary Elaine Chao said on Sunday she is reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated vehicles to a skeptical public. The guidelines, which were issued in September, …

Staying Alive: Cutting U.S. Highway Death Rate to Zero

In the near future, the U.S. should be able to prevent thousands, and perhaps tens of thousands, of deaths on the roads and highways. The Department of Transportation has proposed a Road to Zero — the elimination of motor-vehicle fatalities …

12 Children Hospitalized in Kentucky Church Bus Crash

Authorities say 12 children were taken to the hospital after a church bus crashed in southern Kentucky. Laurel County Sheriff John Root says in a statement that the crash happened about 8:30 p.m. Wednesday on a road near London when …

Paid Claims from Mississippi Tornado Damage Top $31M, And Growing

Insurers have paid out more than $31.6 million on 2,801 claims from tornadoes that hit Mississippi last month. The Mississippi Insurance Department reported the figures through Feb. 3. Mississippi Insurance Commissioner Mike Chaney said immediately after the storms he expects …

Arson Fire Set to Second Florida Mosque in Past 6 Months

An intentionally set fire damaged a prayer hall at a Tampa-area mosque early Friday, investigators said. The arson occurred at the Islamic Society of New Tampa, Hillsborough County Fire Rescue said in a news release. Fire investigators responded at around …

Jury Awards $5M to Man Injured in 2013 Michigan Food Truck Blast

A jury has awarded $5 million to a man who was injured during a food truck explosion at a northern Michigan festival. The Traverse City Record-Eagle reports Gary Leonard was burned on nearly half his body following the June 8, …

18 Kansas Counties Hit by Ice Storm in January to Get Federal Aid

Eighteen Kansas counties affected by a severe ice storm in January will receive federal disaster aid. The Kansas Adjutant General’s office announced that President Donald Trump has granted Gov. Sam Brownback’s request for the disaster declaration. The 18 counties were …