Insurance
Report Shows California Gun Data Breach Was Unintentional
California’s Department of Justice mistakenly posted the names, addresses and birthdays of nearly 200,000 gun owners on the internet because officials didn’t follow policies or understand how to operate their website, according to an investigation released this week. The investigation, …
Read More Marsh McLennan Acquires McDonald Zaring in Washington
Marsh McLennan Agency acquired McDonald Zaring Insurance in Walla Walla, Washington. McDonald Zaring Insurance serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial institutions, health clinics and contractors. Marsh McLennan Agency, or MMA, is a subsidiary …
Read More 2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian
An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage caused by Hurricanes Ian, Nicole …
Read More EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere
The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later – including how these removals will be counted towards EU climate change targets. The …
Read More New Details on Alabama Twister that Killed Woman and Son, Left Path of Destruction
The twister that smashed through a small Alabama community this week, during an outbreak of tornadoes across the Deep South, killed a 39-year-old woman and her 8-year-old son on a street where generations of one family lived. One of dozens …
Read More Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure
The Swiss government proposed on Friday making it mandatory to report cyberattacks on critical infrastructure as a way to help shed light on hackers and sound the alarm more widely. It asked parliament to approve legislation that creates the legal …
Read More Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment
Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc., the now-bankrupt cosmetics company controlled by billionaire Ronald Perelman. In a Thursday …
Read More After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies
Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest call for tougher oversight of a sector prone to meltdowns. Policymakers have …
Read More Record UK Bird Flu Outbreak Wipes Out Half of Free-Range Turkeys
A record bird flu outbreak in the UK has resulted in culling of almost half of the nation’s free-range turkeys for Christmas, according to the poultry industry group. About 600,000 free-range birds have been culled or died as a result …
Read More KKR Used Equity Rather Than Debt to Fund Acquisition of Broker April Group
KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of the €2.3 billion ($2.4 …
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