The Trump administration is expected as soon as Aug. 18 to take another step toward curbing the growth of renewable energy in the United States by making it harder for companies to claim federal tax subsidies for wind and solar …
Trump Administration to Unveil Tougher Solar and Wind Subsidy Rules Read More »
Insurance broker NFP, an Aon company, announced it has acquired Pilot Benefits Group, LLC, an employee benefits broker in Melville, New York. Josh Senders and Ben Senders, principals at Pilot, will join NFP as senior vice presidents and report to …
Aon’s NFP Acquires New York’s Pilot Benefits Group Read More »
Heavy rain led to flooding around Chattanooga, Tennesse, where a family of three was killed when a tree fell on their car early Wednesday morning. News reports indicated that saturated ground caused the large tree to fall in East Ridge, …
Family Killed When Tree Falls on Car in Flooding in East Tennessee Read More »
Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation of thousands of residents and tourists. A wildfire is still burning in an inaccessible part of the Aegean island of Chios, where coastguard vessels …
Deadly Fires Rage in Greece and Spain as Heat Blasts Cyprus Read More »
Moments after an explosion erupted at a U.S. Steel plant outside Pittsburgh, company firefighters, local responders and employees raced in to rescue people from the smoldering wreckage. They were able to free one injured worker who was whisked to a …
How Responders Rescued Steel Plant Workers; Search for Cause of Blast Underway Read More »
Earlier this month, Standard & Poor’s Global Ratings announced another downgrade for State Farm General Insurance Co., lowering the California company’s financial strength rating to A- in spite of a show of financial support from its parent. In May, S&P …
Another Downgrade for State Farm General: S&P Lowers Rating to A- Read More »
Russian hackers briefly took control of a dam in Norway earlier this year, the head of the Nordic country’s counter-intelligence agency said on Wednesday, the first time Oslo has officially attributed the cyberattack to its neighbor. While in command of …
Norway Spy Chief Blames Russian Hackers for Dam Sabotage in April Read More »
Australia’s financial regulator is suing A$70 billion ($46 billion) pension fund Mercer Super, accusing it of failing to report multiple investigations into serious member services issues. In a Federal Court filing, the Australian Securities and Investments Commission alleged between October …
Australia Pension Fund Mercer Sued Over Customer Disclosures Read More »
Swiss Re AG has set up a task force to see how the tariffs installed by the United States against Switzerland and other countries is impacting the Zurich-based reinsurer. Chief Executive Officer Andreas Berger said he doesn’t see the tariffs …
Swiss Re Sets Up Task Force to Monitor Tariff Impact Read More »
Hong Kong’s central business district and outer airport were hit by violent gusts and a deluge of heavy rain on Thursday, with the city again issuing its highest rain warning as Tropical Storm Podul passed the region. Parts of Hong …
Hong Kong Extends Record Rain Warnings as Podul Skirts City Read More »
