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Georgia Governor Signs First Responders’ PTSD Benefits Bill Into Law Starting in January, Georgia’s first responders will be eligible for limited, supplemental benefits to help cover treatment for post-traumatic stress disorder, after Gov. Brian Kemp signed House Bill 451 into law. The law requires municipalities and other jurisdictions to provide …
POSTED MAY 06, 2024 2:21 PM |
SEC Warns Robinhood That Its Crypto Business Faces Lawsuit The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Robinhood, which is …
POSTED MAY 06, 2024 2:19 PM |
Maryland Hopes to Rebuild Baltimore Bridge in 4 Years at Cost of $1.9 Billion Maryland plans to rebuild the Francis Scott Key Bridge in just over four years at an estimated cost between $1.7 billion and $1.9 billion, a state transportation official said Thursday. The state plans to build a new span by fall …
POSTED MAY 06, 2024 2:11 PM |
Mississippi City Councilman Pleads Guilty to Selling Doctored CBD Products GULFPORT, Miss. (AP) — A Mississippi city council member pleaded guilty to federal charges after running a multimillion-dollar illegal drug business, prosecutors said last week. Biloxi City Council member Robert Leon Deming, III, 47, reached a plea agreement with the …
POSTED MAY 06, 2024 1:51 PM |
Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping companies have diverted vessels around …
POSTED MAY 06, 2024 1:47 PM |
NC News Chopper Crash Likely Caused by Shaky Inspections, Loose Parts, NTSB Finds CHARLOTTE, N.C. (AP) — Investigators found disconnected and missing hardware aboard a helicopter that crashed in 2022, killing the pilot and a North Carolina television station’s meteorologist, according to the National Transportation Safety Board. The NTSB’s final report on the …
POSTED MAY 06, 2024 1:41 PM |
Arthur J. Gallagher & Co. Buys Health Insurance Consultants Australia Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not disclosed. HICA is a specialist health insurance consultancy and brokerage firm serving corporate …
POSTED MAY 06, 2024 1:28 PM |
People Moves: AXA XL Promotes O’Malley as Chief Client & Distribution Officer, Americas; GC&C Taps Puerta From QBE as Head of Mediterranean & Latin America This edition of International People Moves details appointments at AXA XL and Generali Global Corporate & Commercial (GC&C). A summary of these new hires follows here. AXA XL Promotes O’Malley as Chief Client & Distribution Officer, Americas AXA XL has …
POSTED MAY 06, 2024 1:09 PM |
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance operations topping any prior first quarter in the last decade. Across …
POSTED MAY 06, 2024 1:01 PM |
Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’ While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss costs have kept the company away from the risk for the most part. Yes, profitability has been “fairly high” for …
POSTED MAY 06, 2024 12:56 PM |
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