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Amazon Chooses 20 Finalists for Second Headquarters
The list released Thursday leaned toward cities in the Midwest and on the East Coast, and away from the tech-saturated hubs of the West Coast.

POSTED JANUARY 18, 2018 6:51 PM
Where Amazon May Build Its New Headquarters
The e-commerce giant announced a short list of places that could become home to its second headquarters. The process has garnered the kind of enthusiasm normally reserved for bids to host the Olympics.

POSTED JANUARY 18, 2018 7:20 PM
Consumer Watchdog’s Latest Budget Request: $0
The Consumer Financial Protection Bureau’s acting director is paying operations costs from its reserves this quarter, his latest move to curb the agency.

POSTED JANUARY 18, 2018 7:53 PM
One Goldman Takeover That Failed: The Trump White House
Gone: Dina Powell, Steve Bannon and Anthony Scaramucci. Going: Gary Cohn. Some reputations remain intact.

POSTED JANUARY 18, 2018 7:07 PM
Emirates Offers A380 a Lifeline, Signing $16 Billion Deal With Airbus
The European manufacturer had said it might end production of the world’s largest passenger aircraft, but the new order secures the plane’s immediate future.

POSTED JANUARY 18, 2018 3:33 PM
Fed Up With Drug Companies, Hospitals Decide to Start Their Own
A group of large hospital systems plans to create a nonprofit generic drug company to battle shortages and high prices.

POSTED JANUARY 18, 2018 5:01 AM
HuffPost, Breaking From Its Roots, Ends Unpaid Contributions
The site was an early example of amateur journalism online, but it will dissolve its self-publishing platform in an attempt to minimize unverified stories.

POSTED JANUARY 18, 2018 12:28 PM
China’s Economic Growth Looks Strong. Maybe Too Strong.
The country reported higher annual growth, but implausibly smooth numbers prompt experts to look for other ways to assess the world’s No. 2 economy.

POSTED JANUARY 18, 2018 12:38 PM
He Leaked a Photo of Rick Perry Hugging a Coal Executive. Then He Lost His Job.
An Energy Department photographer says he was fired for exposing the coal industry’s influence with the Energy secretary.

POSTED JANUARY 17, 2018 11:53 PM
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.
Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

POSTED JANUARY 18, 2018 1:56 AM

News – Insurance Journal

Lockton Adds Ring as Vice President in Northern California
Lockton has added David Ring in its Sacramento, Calif. office as a vice president. Ring will be responsible for client consulting and business development for employee benefits and commercial insurance. Ring has specialized in advising clients in the banking, financial …

POSTED JANUARY 18, 2018 8:44 PM
Insurers Increasing Payments to California Wildfire Victims Sans Itemization
California Insurance Commissioner Dave Jones on Thursday released the results of the formal notice he issued last month to all residential property insurers requesting they provide up to 100 percent of contents coverage limits for fire survivors who experienced a …

POSTED JANUARY 18, 2018 6:24 PM
Arkansas Insurance Commissioner Named Consumer Committee Chair at NAIC
Arkansas Insurance Commissioner Allen Kerr has been named chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC) for 2018. The mission of the Market Regulation and Consumer Affairs (D) Committee is …

POSTED JANUARY 18, 2018 5:46 PM
A.M. Best: Ratings Outlooks Negative for Texas-Based Standard Casualty
A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Standard Casualty Co. (Standard Casualty), based in New Braunfels, Texas. Standard Casualty …

POSTED JANUARY 18, 2018 5:42 PM
Oil from Sunken Iran Tanker Diffuses into 4 Separate Slicks
Oil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kms (39 square miles), Chinese authorites said late on Wednesday. Earlier satellite imaging …

POSTED JANUARY 18, 2018 5:41 PM
Legislative Panel Backs Proposal to Ban Dicamba Herbicide in Arkansas
Arkansas lawmakers recommended regulators move forward on Jan. 16 with efforts to ban an herbicide that farmers in several states say has drifted onto their crops and caused damage, advancing the prohibition despite a lawsuit by a maker of the …

POSTED JANUARY 18, 2018 5:39 PM
Truck Leaks Natural Gas, Causes $2M in Damage in Kansas Fire
Authorities have determined the cause of a fire that caused more than $2 million in damage and losses at a truck maintenance facility in southwest Wichita, Kansas. Wichita fire Lt. Jose Ocadiz says employees were doing mechanical work Monday on …

POSTED JANUARY 18, 2018 5:38 PM
Woman Paralyzed by Chicago Bus Shelter Collapse Settles for $115M
Attorneys for a woman partially paralyzed by a collapsed bus shelter at Chicago’s O’Hare International Airport say she will receive a $115 million settlement from the city and its insurer. Jurors in August found the city liable for injuries to …

POSTED JANUARY 18, 2018 5:36 PM
Michigan Businesses Likely to Get a Break on Jobless Fund Tax
Michigan officials say state businesses are expected to pay less into a fund providing temporary benefits to eligible jobless residents. The Talent Investment Agency said in a release that unemployment insurance tax rates are projected to decrease an average 4.5 …

POSTED JANUARY 18, 2018 5:35 PM
Silent Cyber Included in Willis Re’s Cyber Risk Portfolio Modeling Tool PRISM-Re
Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.” Willis Re defines “silent cyber” as potential cyber-related losses resulting from insurance …

POSTED JANUARY 18, 2018 5:12 PM

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