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What Will Happen to EU Financial Services Firms After No-Deal Brexit?

Britain will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market in order to maintain stability if the country crashes out of the bloc without a deal, the country’s top negotiator …

Express Scripts, Cigna Shareholders Vote in Favor of $52 Billion Acquisition

Cigna Corp. shareholders on Friday voted in favor of the health insurer’s proposed $52 billion acquisition of pharmacy benefit manager Express Scripts Holding Co., although the deal still needs clearance from antitrust authorities. The vote in favor of the merger …

Germany Wildfire Southwest of Berlin Detonates Buried WWII Ammunition

Firefighters struggled Friday to tame a wildfire southwest of Berlin but had to maneuver carefully as the blaze set off old World War II ammunition that is still buried in the forests around the German capital. Flames forced the evacuation …

Tennessee Slaughterhouse Hit With $41K in Fines Over Safety Violations

A state inspection that took place days after an immigration raid at a Tennessee slaughterhouse has resulted in more than $41,000 in fines for working conditions at the plant. The Tennessee Occupational Safety and Health Administration lists 27 violations, including …

South Carolina Supreme Court Appoints Judge to Manage Opioid Lawsuits

South Carolina’s high court has appointed a single judge to handle any lawsuits related to opioids in the state system. On Thursday, the state Supreme Court assigned Circuit Court Judge Perry Gravely to the task. Gravely, based in Pickens, has …

Alcohol in Any Amount Found Unsafe; Linked to 3 Million Deaths a Year: Global Study

A new scientific study concludes there is no safe level of drinking alcohol. The study shows that in 2016, nearly 3 million deaths globally were attributed to alcohol use, including 12 percent of deaths in males between the ages of …

Indiana Fire Marshal Threatens to Shutter Pallet Factory Over Safety Issues

A northern Indiana fire marshal has threatened to shut down a pallet company because factory conditions pose a threat to worker safety. Michigan City Fire Marshal Kyle Kazmierczak wants to shutter Calumet Pallet’s plant until company officials improve safety conditions, …

Combs Named Oklahoma Deputy Commissioner of Insurance Business Transfers

Oklahoma Insurance Commissioner John Doak has named Buddy Combs the new deputy commissioner of insurance business transfers at the Oklahoma Insurance Department. The move is in preparation for the new Insurance Business Transfer (IBT) law, which becomes effective in November. …

Detroit Mayor, 8 Motorists Sue Insurance Commissioner Over Michigan’s No Fault Law

Asserting that Michigan’s no fault auto insurance law is unfair to the poor, Detroit Mayor Mike Duggan filed a lawsuit in U.S. District Court, seeking to have the 45-year-old law declared unconstitutional. The suit names Department of Insurance and Financial …

China’s Giant Ping An Insurance Sues U.S. Broker Over Use of Name

China’s giant Ping An Insurance Group is suing a California-based wholesale brokerage over its use of the name Ping An. The Chinese financial services firm is demanding that Ping An Insurance Center (www.pingan-is.com), based in El Monte, Calif., cease using …

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