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EU Should Support ‘Reasonable’ Brexit Deal for London: German Minister

The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble said in a newspaper interview. “We don’t want …

Florida Approves 15K Citizens Policies for April Take-Outs

The Florida Office of Insurance Regulation (OIR) has approved the following company to participate in the April Citizens Property Insurance Corp. take-out period. April 18, 2017 Personal Residential Take-Out Period: Southern Oak Insurance Co. – approved to remove up to …

Explosion at Georgia Home Kills 1, Damages Neighboring Houses

A powerful explosion destroyed a home in Georgia on Friday, killing one person inside and shattering windows of neighboring houses as the blast’s shockwave was felt by people living miles away. Investigators were unable to quickly determine what triggered the …

Trump Halts Fiduciary Rule Opposed by Financial Advisors; Orders Dodd-Frank Review

President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly scale back the regulatory system put …

Trump: Replacing Obamacare May Not Happen Until 2018

President Donald Trump said the process for coming up with a replacement for the Affordable Care Act could stretch into 2018, a longer time frame than he previously indicated. Trump’s comments came in an interview with Fox News’ Bill O’Reilly …

Fire Destroys North Carolina Apartment Building

Authorities in Greenville, N.C., say a firefighter was among four people taken to the hospital after fire caused heavy damage at an apartment complex. Local media outlets report firefighters were called to the apartment complex around 1 a.m. Saturday. Emergency …

North Carolina Auto Rates Going Up? Rate Bureau Files for 13.8% Rate Increase

The North Carolina Rate Bureau (NCRB) is requesting an average increase of 13.8 percent on private passenger automobile insurance rates in its latest filing with the North Carolina Department of Insurance (NCDOI). NCRB files rates on behalf of all insurance …

Auto Insurance Fraud Ring in California Busted

The San Diego County District Attorney’s Office and California Insurance Commissioner Dave Jones announced a major auto insurance fraud ring takedown, which was operating in San Diego County. Nine defendants were charged with 34 felony crimes including filing fraudulent auto …

Report: Self-Driving Prototypes Getting Better at Navigating California Streets

Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup driver intervening, according to data made public by California transportation regulators. The data reflect safety-related incidents reported by 11 companies that have …

Illinois Insurance Department Settles with Human Resources Startup, Zenefits

Illinois has become the 17th state to reach a settlement with a California-based human resources software startup for alleged insurance code violations. Illinois Department of Insurance investigators found the startup Zenefits violated state law by allowing unlicensed employees to sell …

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