Yearly Archives: <span>2021</span>

UK Supports Global Deal to Stop Cross-Border Financing of Coal Projects

Britain wants to broker a global agreement to stop the cross-border financing of coal projects when it hosts a major climate conference in November, a senior government minister said on Friday. Alok Sharma, the minister in charge of preparations for …

Japan Post’s Insurance Unit to Buy Back About $4 Billion of Shares

Japan Post Holdings Co.’s insurance unit plans to buy back up to 29% of its shares for about 439.8 billion yen ($4 billion) as its parent company reduces its stake, giving the insurer more freedom to expand its business. Japan …

Cryptocurrency Crime Declines But ‘DeFi’ Fraud Soars: CipherTrace

Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming “decentralized finance” space hit an all-time high, a report from crypto intelligence company CipherTrace showed on Thursday. DeFi …

SEC Plans New Workforce Data Disclosure Rule

The U.S. Securities and Exchange Commission (SEC) plans to propose a rule requiring that public companies disclose a range of workforce data as the agency steps up environmental, social and governance (ESG) disclosures, its new chair, Gary Gensler, said on …

Neptune to Offer Flood Insurance to Small Business Administration Borrowers

Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood insurance. Both owners and tenants are eligible for commercial flood insurance through the new platform. Government backed business loans, such as those …

Tornado in New Orleans Rips Off Roofs, Knocks Out Power

A tornado ripped off roofs, knocked down utility poles and cut off power to thousands in New Orleans early on May 12, but no serious injuries were reported in what one city official called an unexpected “dry run” for the …

Worker Overcome by Fumes in Iowa Plant Rescued

A hazardous materials team rescued a worker who was overcome by fumes on May 12 inside a suburban Des Moines, Iowa, food packaging manufacturing plant. The incident occurred just after 8 a.m. at Amcor in Saylor Township, television station KCCI …

Fire Causes Major Damage at North Dakota Strip Mall

A fire on May 11 caused extensive damage at a strip mall in Fargo. The three-alarm fire broke out in Bodyworks Physical Therapy in the afternoon and spread to Gigi’s Playhouse which serves individuals with Down syndrome, according to authorities. …

Report: California Workers’ Comp Written Premium Down in 2020

Written premium for 2020 was 13% below the previous year, and was at the lowest since 2012, a new report out on Thursday shows. The Workers’ Compensation Rating Bureau of California Quarterly Experience Report, which is as of Dec. 31, …

Texas Passes Restrictive Abortion Bill That Expands Exposure to Lawsuits

Legislation that would ban abortions after as early as six weeks — before many women know they are pregnant — and let virtually any private citizen sue abortion providers and others was given final approval by lawmakers on May 13 …