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Consumers Give Thumbs Up to Online Banking

Consumers love online banking.

That’s the upshot of a new study commissioned by CashEdge, a vendor. Fully 85% of consumers said they would only use financial institutions that offered online banking, and another 82% said they would use additional online banking applications, if they were available. Sixty-five percent of the 400 consumers surveyed said they would switch to another bank if the online banking features were more robust.

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Oracle Acquires Compliance Vendor

Oracle Corp. plans to expand its governance and compliance offering with its acquisition of LogicalApps, announced this week.

No purchase price was disclosed.

LogicalApps’ software helps companies manage regulatory compliance. Its technology enables detection, prevention, monitoring, and reporting of financial and operational risk. The software
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Weekend Insurance Tip: Find Out How Much Commission Your Life Insurance Agent Makes

Hmmmm... why is your life insurance agent persistent in selling you a particular policy? Maybe because it is best for you, or just maybe it is best for your agent.

A life insurance agent's commission depends on factors such as the company's commission plan and how much life insurance the agent is selling. But, agents do make a substantial difference in commission on different plans, particularly term life insurance and cash-value life insurance
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You had a FAQ that stated: In March 2005, there was an amendment offered to a Federal House Transportation Bill to rescind this “vicarious” liability that state law in these 16 states and DC allowed. The House voted to accept this amendment, which would n

As part of a larger transportation bill, President Bush signed legislation which effectively eliminates vicarious liability for all rental vehicle owners. The new law essentially preempts laws in the 16 states which impose limited or complete vicarious liability on rental or leasing companies.

On August 10, 2005 President George W. Bush signed into law the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users
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Is a car rental company liable to the damages to my car if the person they rented the car to does not have car insurance at all?

It will depend upon state laws if the rental car company can be held liable for the damages caused by a driver who rented from them and caused an accident while uninsured. Typically a person renting a car signs a rental agreement which places responsibility for damages caused in an accident on the renter.

Though many consumers believe that car rental companies will assume full responsibility for the cars they rent, in most states, car rental
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I live in Texas and got a DUI about 14-15 yrs ago. Is in still on my TX record?

Yes, this driving under the influence (DUI) or Driving While Intoxicated (DWI) will still be on your Texas driving record since these types of serious offenses remain on your TX driving record for life.

According to the Texas Department of Public Safety moving violations appear on a driver record for a period of 5 years with the exception of serious offenses. Examples of serious offenses include DWI and No Liability Insurance, which will remain on a Texas driving record indefinitely.

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If my license is suspended in VA. I’m moving to IL. Will I be able to obtain a IL drivers license?

It is unlikely that you can obtain an Illinois driver's license while your Virginia license is still suspended. Normally you would need to reinstate your VA license so that IL will allow you to apply for driver's license.

All states look at the National Driver Register (NDR) which lists "problem drivers" meaning those with serious offenses, such as DUIs on their record and motorists who have their license cancelled, revoked or suspended.

The
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