EU insurance watchdog warns on 'undue' investment incentives
The EU's top insurance watchdog on Wednesday warned against giving insurers strong enticements to invest in particular asset classes, saying this would run counter to prudent supervision.
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Authorities in Georgia are investigating child abuse allegations against National Basketball Association star Dwight Howard, a center for the Houston Rockets who is among the league's marquee performers, police said on Tuesday.
District of Columbia lawmakers approved legislation on Tuesday that makes it harder for police to seize assets from people who are not ultimately charged with crimes, a bill that backers say is a model for the rest of the country.
Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday.
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