Insurance
Delaware Reports Avian Flu in a Commercial Poultry Flock
Delaware officials announced Sunday that preliminary testing of a commercial broiler flock in Kent County has returned presumptive positive for avian influenza. The Delaware Department of Agriculture said it quarantined the affected premises, and the birds on the property are …
Read More North Carolina May Lose $50M in Federal Funds Over Immigrant Trucker Licenses
North Carolina could lose nearly $50 million in federal funding if the state doesn’t revoke commercial driver’s licenses from immigrants who aren’t qualified to hold them after an audit uncovered problems, the U.S. Transportation Department said Thursday. North Carolina is …
Read More Markets/Coverages: Brit Launches Property Direct & Facultative in Bermuda
Brit Group Holdings Ltd. announced it will begin writing property direct & facultative business in Bermuda through Brit Re. This will see Brit Re write US and Global Property D&F from January, with a focus on US-based complex risks. Core …
Read More Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. In a forceful written and …
Read More US Seizes Fifth Vessel Taken in Venezuela Blockade
The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday. The Olina, which according to public shipping database …
Read More Finnish Police Release Russia-Linked Ship Held in Cable Sabotage Case
Finnish police said on Monday they had lifted the seizure of a ship which had been held on suspicion of sabotaging an undersea telecoms cable running from Helsinki to Estonia across the Gulf of Finland, although the investigation continues. The …
Read More Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status
ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release. The worker, who broadcast the information after …
Read More One Dead in Australian Wildfires That May Burn for Weeks to Come
One person has died in wildfires in the Australian state of Victoria that have burned out an area slightly larger than Rhode Island. A body was found about 100 meters from a vehicle near the fire-affected town of Gobur, about …
Read More Supreme Court to Weigh FCC Power to Fine in New Regulatory Clash
The US Supreme Court will consider invalidating the Federal Communications Commission’s system for imposing financial penalties in a clash that could put fresh limits on the power of federal regulators. The justices said Friday they will hear contentions from AT&T …
Read More CEOs on Guard as Trump Rattles Companies With Series of Edicts
For American CEOs, reaping the rewards of a Donald Trump presidency is a little more complicated the second time around, in an administration that increasingly pairs conventional conservative deregulation with populist state intervention in big business. In the last week, …
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