Donald Trump News

Business Interruption Remains Top Corporate Concern in 2017: Allianz

Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a new Allianz report. …

Social Polarization, Inequality Raise Potential for Risk, Disruption: WEF

Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S. President-elect Donald Trump, the World Economic Forum (WEF) said. …

Emerging Markets to Drive Insurance Sector Growth in 2017: Swiss Re

The global economy is expected to grow moderately over the next two years, supporting continued growth in insurance premium volumes, according to a Swiss Re report. Growth in global non-life premiums is forecast to fall slightly from 2.4 percent in …

Trump Settles University Fraud Claims for $25 Million, Avoids Trial

President-elect Donald Trump agreed to pay $25 million to settle claims that his defunct Trump University cheated more than 6,000 students with false promises of teaching them his real estate secrets. The accord, announced Friday minutes before the start of …

New York Attorney General Concerned Trump May Gut Anti-Fraud Law

New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall Street corruption. New York Attorney General Eric Schneiderman said on Thursday …

Trump Could Rip Up Decades of Climate Deals in a Year

It took more than two decades for nations around the world to forge an agreement to save the planet from global warming. Within one year, Donald Trump could leave it in tatters. Trump, who has said climate change is a …

California Commissioner Makes Statement on Trump’s Promise to Repeal Obamacare

California Insurance Commissioner Dave Jones issued a statement on Thursday in which he warns about the negative impact if president-elect Donald Trump’s proposals to repeal the Affordable Care Act are successful. “Passage of the Affordable Care Act was one of …

Global Fight Against Climate Change to ‘Suffer a Blow’ from Trump Victory

The global fight against climate change will suffer a blow from Donald Trump’s victory in the U.S. presidential election, threatening the industries working to clean up pollution from fossil fuel. The next president has questioned the science of climate change, …

President Trump Expected to Target Immigration, Taxes, Trade, Affordable Care Act

Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade deals, and seek tax cuts for the rich. While Trump …

Questions Linger Over Trump’s $17M Insurance Payout in 2005 for Florida Club

Donald Trump says he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach. But The Associated Press has found little evidence of such large-scale damage. Two years after a series …