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Ageas Says It Won’t Make Third Offer for Direct Line Insurance

Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were rejected this year. The Belgian insurer had put forth an offer valuing Direct Line at about £3.2 billion ($4.1 billion) …

Hong Kong Reports Its Highest March Temperature in 140 Years

Hong Kong’s temperature on Sunday reached the highest recorded level during the month of March in 140 years, according to the city’s observatory. The maximum temperature measured at the Observatory was 31.5C (88.7F) — the highest reported during the month …

North Korean Hackers Stalk Crypto Startups Scrimping on Security

It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber defenses and making off with millions of dollars in customer funds. Many crypto outfits, large and …

Texas School Bus With Over 40 Pre-K Students Struck by Cement Truck, Killing 2

BASTROP, Texas (AP) — A cement truck veered into a school bus carrying more than 40 pre-K students returning from a field trip to a Texas zoo Friday, killing a boy on the bus and a man in another vehicle, …

People Moves: Hiscox Appoints Hellrung as US COO

Hiscox, headquartered in Hamilton, Bermuda, named Leigh Hellrung as chief operating officer in the U.S. Hellrung will serve on the Hiscox U.S. leadership team. Bringing over 20 years of industry experience to the role, Hellrung will lead all aspects of …

NHTSA: Chrysler to Recall About 286,000 Vehicles Over Airbag Inflator Issue

Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The right and left side curtain …

FAA Weighs Curbing New Routes for United Following Mishaps

US aviation authorities are considering drastic measures to curb growth at United Airlines Holdings Inc., including preventing the carrier from adding new routes, following a series of safety incidents. The Federal Aviation Administration has discussed temporary actions it may take …

UnitedHealth Unit Will Start Processing $14B Medical Claims Backlog After Hack

UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disrupted by a cyberattack last month. The company has been scrambling to …

Louisiana Debates Civil Liability Over COVID-19 Vaccine Mandates

BATON ROUGE, La. (AP) — Three years after COVID-19 vaccines became widely available in the United States, Louisiana continues to debate policies related to inoculation mandates, including civil labilities if a work place mandates vaccines or not and a bill …

Alabama Sales Rep and Clinic Owner Sentenced in $28M Billing Fraud Scheme

A medical sales representative and a pain clinic owner in Alabama have been sentenced to years in prison for their roles in a long-running, $28 million fraud scheme that involved a compounding pharmacy, unneeded nerve tests and a former workers’ …

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