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Shell Plans to Restart Europe’s Biggest Oil Refinery After Recent Fire

Royal Dutch Shell Plc will attempt on Friday to restart one of two crude units at Europe’s biggest oil refinery that were halted by a fire late last month, a person with knowledge of the matter said. European diesel prices …

Post-Brexit Implementation Period ‘Desirable’ for UK, EU Firms: Bank of England

The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability. With the UK due to leave the bloc in …

Tennesee Mountain Community Getting Back on Its Feet After Devastating Wildfire

“Mountain Tough” was a slogan Mayor Mike Werner of Gatlinburg, Tenn. proclaimed in the aftermath of a Nov. 28 blaze that destroyed or damaged more than 2,400 structures, caused more than $1 billion in damages and killed 14 people. “This …

South Carolina’s Clemson University Settles Lawsuit Over Fraternity Pledge Death

The family of a university student in South Carolina who died falling off a bridge during a pledge run has settled its lawsuit against Clemson University and the fraternity. Court records filed Thursday show Tucker Hipps’ parents reached the deal …

Yet Another Auto Insurance Issue for Wells Fargo: Reports

Wells Fargo & Co.’s U.S. regulators are looking into another issue involving insurance linked to auto loans as scrutiny of a key lending unit widens, according to people with knowledge of the matter. The Office of the Comptroller of the …

Autonomous Car Makers Seek Investment, Risk Sharing Alliances

BMW and Daimler, the world’s top luxury carmakers, have announced alliances with suppliers, talking up the virtues of having a bigger pool of engineers to develop a self-driving car. But another motive behind these deals, executives and industry experts told …

National General Says It Acted Properly in Wells Fargo Insurance Business

National General Holdings Corp., the auto insurer that picked up business from Wells Fargo & Co. customers who didn’t realize they were buying the coverage, said it acted appropriately. “We believe that our practices in this highly regulated industry are …

Liberty Mutual Enhances Commercial Insurance Property Form

Liberty Mutual’s has launched a new proprietary Premier Property Protector all-risk policy to accommodate all of a broker’s single carrier and shared and layered property coverage needs. According to Mike Fallon, president of National Insurance, Liberty Mutual’s business unit that …

5 Injured on Disney World Bus After It Collides With Car

Authorities in Florida say five people were injured after a man ran a red light and collided with a Disney World bus. The Orlando Sentinel reports 34-year-old Ritesh Bhagani crashed into the bus Sunday around 6:30 p.m. Sgt. Kim Montes …

Former Georgia Deputy Insurance Commissioner Beck to Seek State’s Top Insurance Post

Jim Beck, a businessman, entrepreneur, and a former deputy insurance commissioner, has announced his candidacy for Georgia’s Insurance and Safety Fire Commissioner. Beck, a Republican, has more than 30 years of experience working in the industry, including for an independent …

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