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Australia Braces for 2 Cyclones, Disrupting Mining, Shipping Operations
Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears, with the …

POSTED MARCH 22, 2019 8:54 AM
Pasquesi to Become Arch’s Next Chairman, Succeeding Iordanou
John Pasquesi will replace Constantine “Dinos” Iordanou as Arch Capital Group Ltd.’s chairman of its board of directors in September when Iordanou completes his term. Iordanou joined Arch in 2002 to create its insurance segment and went on to serve …

POSTED MARCH 22, 2019 8:26 AM
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk
The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. The central bank under Carney has been vocal in highlighting …

POSTED MARCH 22, 2019 8:03 AM
EU Gives UK Prime Minister Two Extra Weeks to Avoid No-Deal Brexit
European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do. At a summit in Brussels on …

POSTED MARCH 22, 2019 7:43 AM
Florida CFO: More Than $40M Recovered for Insurance Consumers in 2018
More than $40.5 million was recovered for Florida insurance consumers in 2018, including $17.4 million recovered for Hurricane Michael victims, by the state’s Insurance Consumer Helpline, according to a statement from Florida CFO Jimmy Patronis. Patronis said the Florida Department …

POSTED MARCH 22, 2019 5:43 AM
W. Virginia Electric Company Worker Killed in Accident at Customer Home
Police in West Virginia say an electric company employee has died in an accident at a customer’s home. News outlets report the accident happened Wednesday morning in the Harts community of Lincoln County. State police say an Appalachian Power truck …

POSTED MARCH 22, 2019 5:06 AM
Most of Country at Risk for Major Flooding This Spring
The deluge that devastated so much of the Midwest over the last week could be a preview for one of the worst years for flooding in the U.S., according to federal weather officials. Now flooding is occurring at St. Joseph, …

POSTED MARCH 22, 2019 5:00 AM
Analysis: Jury Upends Bayer’s Roundup Defense Strategy
Bayer AG had hoped a new trial strategy focusing jurors on scientific evidence could stem a burgeoning tide of U.S. lawsuits over its glyphosate-based weed killer Roundup, but a second jury finding on Tuesday that the product caused cancer has …

POSTED MARCH 22, 2019 5:00 AM
Only Few Who Need Them Get Medicines for Opioid Addiction, Says Medical Group
Medicines proven to treat opioid addiction remain vastly underused in the U.S., the nation’s top medical advisers said Wednesday. Only a fraction of the estimated 2 million people addicted to opioids are getting the medications, according to a report by …

POSTED MARCH 22, 2019 5:00 AM
Mine Worker Advocates Worried Coal Firm’s Tax Cut Jeopardizes Black Lung Fund
The Trump administration and coal industry allies are insisting that a federal black lung trust fund will continue to pay benefits to sick miners despite a drastic cut in funding. But the expected shortfalls will be covered by taxpayers instead …

POSTED MARCH 22, 2019 5:00 AM

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