Insurance
Arkansas County to Pay $3M Settlement Over Detainee’s 2021 Death in Jail
FORT SMITH, Ark. (AP) — A county in western Arkansas has approved a $3 million settlement with the family of a man who died from dehydration and malnutrition while being held in a local jail. The Sebastian County Quorum Court …
Read More Vibrant Green Fields Signal a Big US Corn Crop and Weak Prices
Between hail, strong winds, floods and plant disease, US corn crops were put through some tough times this summer. But somehow, the fields of green blanketing America’s heartland have proved to be ever resilient. Those are the findings heading into …
Read More FBI: From Cybercrime to Terrorism, America Faces Many Elevated Threats ‘All at Once’
The country is facing heightened threats from many corners at a time when law enforcement agencies are struggling, FBI Director Christopher Wray said in an exclusive interview, adding that he is “hard pressed to think of a time in my …
Read More Fed’s Powell Says ‘Time Has Come’ to Cut Interest Rates
JACKSON HOLE, Wyoming, Aug 23 (Reuters) – Federal Reserve Chair Jerome Powell said on Friday “the time has come” for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further …
Read More Parent of Risk Strategies and One80 Intermediaries Closes $1 Billion Financing Deal
Accession Risk Management Group, the parent company of specialty insurance brokerages Risk Strategies and One80 Intermediaries, reports it has closed a $1 billion incremental debt raise and refinancing. Accession Risk Management Group is a portfolio company of Kelso & Co., …
Read More Complex Salvage Operations Begin as Last Body Is Recovered From Wrecked Superyacht
Italian divers have retrieved the body of British tech magnate Mike Lynch’s18-year-old daughter, Hannah, who was the last person still unaccounted for after the family’s luxury yacht sank this week off Sicily. Seven people, including Lynch himself, died when the …
Read More Tornado-Like Waterspouts Are ‘More Likely’ as the Mediterranean Warms
The type of weather phenomenon that may have led billionaire Mike Lynch’s yacht to sink in the Mediterranean this week is now more likely to happen as global warming has raised sea temperatures, according to climate experts. The tech tycoon’s …
Read More London-Based Ship Registry Helps Russia Oil Tankers Keep Running
Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London. The Galaxy, the Liberty and the Rigel, all of which moved barrels for Moscow …
Read More Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz
Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business. Under this newly formed platform, Ascot has also announced that the company …
Read More Greece Braces for More Wildfires While Storm Lilian Crosses UK
Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian is battering parts of the UK. There is a very high risk of fires in Athens and the surrounding Attica …
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