National News

China Re Is Weighing Establishing U.S. Operation: Reuters

BEIJING, April 1 (Reuters) – China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of Sino-U.S. phase one …

For Workers’ Safety, Walmart Stocks Up on Masks, Gloves; Initiates One-Way Aisles

Walmart Inc. will provide masks and gloves for its workers and take their temperature before shifts, the latest moves by the nation’s biggest private employer to ensure the safety concerns of its front-line employees. The company will begin supplying “high-quality” …

Coronavirus Relief Loans Will Be Available for Small Businesses Friday

The United States’ new $350 billion small-business coronavirus rescue loan program could see millions of applications when it launches on Friday, senior Trump administration officials said on Tuesday. Officials from the U.S. Treasury and Small Business Administration, which are jointly …

Chemours Claims Against DuPont Over Environmental Liabilities Left to Arbitration

A Delaware judge has granted the DuPont Co.’s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours. Vice Chancellor Sam Glasscock III ruled Monday that he has no jurisdiction …

Marriott Reports Data Breach Affecting 5.2 Million Hotel Guests

Marriott International Inc. said on Tuesday information of about 5.2 million hotel guests was breached, the second such incident for the hotel operator in less than two years. It said the breached information, including contact details, loyalty account information and …

P/C Insurance Industry Backs New Government Fund to Help Businesses, Workers Hurt by Coronavirus Shutdowns

The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and stay-at-home measures necessitated by the coronavirus crisis. The new relief vehicle, the …

Coronavirus Pandemic Reveals the Science of Risk That Shapes Our Lives

Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald Trump asked nearly 400 million people to upend their lives. A group of epidemiologists at Imperial College London published the …

Rumbull Named Head of Willis Re Specialty in North America

Charles Rumball, currently executive vice president of Willis Re’s Specialty Reinsurance Division in Bermuda, is relocating to New York to assume the new role of head of Specialty for North America for Willis Re. Rumball brings considerable experience to his …

Coronavirus Infections on Rise in Already-Strained Urban Police Departments

When nine police officers showed up to make an arrest near Melrose Avenue in the Bronx last Wednesday, none wore a mask or gloves to protect them from coronavirus. Similar scenes play out all over the city daily: officers making …

High-Flying Zoom Faces Privacy Suit Claiming It Fails to Protect User Data

Zoom Video Communications, which has seen its stock zoom by 115% since January, is being sued by a Sacramento user who claims the service unlawfully discloses users’ personal information. The video service has enjoyed a surge in downloads of its …

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