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One Nomura trader convicted, one cleared at bond fraud trial

People on the move: April 19 Millennials emerge as a bulwark against Canada housing bust Private insurers may expand role in federal flood program Although flood insurance may present a tremendous growth opportunity for private carriers, convincing them to get back into the flood insurance business in a big way will likely require concrete actions on the part of federal and state lawmakers to create an environment in which carriers are given enough flexibility to underwrite and price.