News – Insurance Journal
|Arizona City’s Pedestrian Safety Effort Fails
Phoenix, Ariz. officials failed to advance an effort that aimed to reduce pedestrian deaths by improving street safety in the city. The Phoenix City Council voted 4-4 this week on the motion to direct city staff to develop a strategy …
POSTED APRIL 26, 2019 2:46 PM
|In Race for New Personal Lines Insurance Business, Exclusive Agents at Disadvantage
Personal lines insurers have only one option when it comes to growing their business: they must steal market share from competitors. That’s because each year brings very few new customers. Only about two to three percent of personal lines customer …
POSTED APRIL 26, 2019 1:13 PM
|Vermont Officials to Verify Flood Damage
The state of Vermont says it will be working with the Federal Emergency Management Agency to verify damage caused by last week’s flooding. Representatives of Vermont Emergency Management and the Vermont Agency of Transportation are expected to meet with FEMA …
POSTED APRIL 26, 2019 12:47 PM
|Another Fire Breaks Out at Pennsylvania Church Burned by Arson Blaze
A small fire has been extinguished at a Pennsylvania church that was severely damaged earlier this week by another blaze that authorities say was deliberately set. The latest fire at Iglesia Pentecostal de Bethlehem was reported around 2 a.m. Thursday …
POSTED APRIL 26, 2019 12:44 PM
|Eyewear Website Operator Sentenced in Manhattan to Two More Years in Prison
An eyewear website operator who has already served over five years in prison for threatening customers across the country with rape and murder was sentenced to an additional two years in prison Wednesday for resuming the same fraudulent online scam, …
POSTED APRIL 26, 2019 12:42 PM
|Brazil’s Argo Seguros Appoints Queiroz from Swiss Re as CEO
Argo Seguros, the Brazilian underwriter of specialty insurance and reinsurance products and a member of Argo Group, announced the appointment of Newton Queiroz as CEO, effective May 1, 2019. Queiroz will report to Jorge Cazar, head of Latin America at …
POSTED APRIL 26, 2019 10:56 AM
|Brit Ltd. Enhances Physical Damage Cyber Offering, Increasing Flexibility and Limits
Brit Ltd., the London-based specialty insurer and reinsurer, announced it has increased the flexibility and limits of Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from cyber attacks. Launched …
POSTED APRIL 26, 2019 10:46 AM
|SCOR’s Q1 Net Profit Drops 21% on Japan Typhoons in 2018
French reinsurer SCOR, whose CEO faces a vote on his demotion during a shareholders meeting on Friday, said its net profit in the first quarter fell 21 percent as a result of the impact of 2018 typhoons in Japan. SCOR …
POSTED APRIL 26, 2019 9:27 AM
|Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters
Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are all threatening Lloyd’s reputation as the place to insure anything …
POSTED APRIL 26, 2019 9:08 AM
|Battle of Words Continues Between Argo Group and Activist Shareholder
An activist Argo Group shareholder accuses the company of using a corporate jet for 1,500 flights in recent months and questions whether the trips were exclusively for business purposes. So goes the latest salvo fired against the company in advance …
POSTED APRIL 26, 2019 8:31 AM
Yahoo News - Latest News & Headlines
|Deputy AG Rod Rosenstein offers staunch defense of Russia investigation, jabs Obama administration
Deputy AG Rosenstein offers staunch defense of Russia investigation
POSTED APRIL 25, 2019 11:59 PM
|Cuban migrants stage mass escape from center in south Mexico
TAPACHULA, Mexico (AP) — At least 1,300 mainly Cuban migrants fled on foot from an immigration detention center on Mexico's southern border Thursday in the largest mass escape in recent memory.
POSTED APRIL 26, 2019 1:44 AM
|Joe Biden’s Proud Bipartisanship Is Not What the U.S. Needs
It’s already a difficult task, and is made more difficult when the president clings too tightly to the mantle of bipartisanship. Consider this hypothetical: There are almost certainly relatively moderate Republicans in Congress right now who would prefer Biden to President Donald Trump. What should they say when Biden starts criticizing and attacking Trump?
POSTED APRIL 25, 2019 12:05 PM
|Elizabeth Warren assures She the People forum that America is ready for woman president
The senator from Massachusetts delivers a strong performance at a gathering organized by women of color activists.
POSTED APRIL 24, 2019 6:42 PM
|Militia group 'commander' Larry Mitchell Hopkins attacked in New Mexico jail
Officials said they're investigating an assault on Larry Mitchell Hopkins that occurred Monday at the Doña Ana County Detention Center in Las Cruces.
POSTED APRIL 25, 2019 5:46 AM
|Anzac Day 2019: How the Gallipoli battle helped forge Australia and New Zealand's national identities
Today is Anzac Day, the national day of remembrance in Australia and New Zealand, with events taking place across the globe to honour those who served in war. Recognised annually on April 25, the day marks the anniversary of the first significant military action fought by Australian and New Zealand soldiers during the First World War. On this date in 1915, the troops, who quickly became known as the Anzacs, landed in Turkey, joining the allied expedition that planned to capture the Gallipoli peninsula. Since the date was officially named Anzac Day in 1916, remembrance services have taken place to celebrate the bravery of those who fought in Gallipoli, with memorial events now held to honour all those who served and died in conflicts. From the history of events that took place on April 25 to today's worldwide commemorations, here is the story of Anzac Day. What does 'Anzac' stand for? The term 'Anzac' stands for Australian and New Zealand Army Corps. The group of soldiers formed in Egypt, in December 1914 and were commanded by General William Birdwood, comprising of troops from the First Australian Imperial Force and First New Zealand Expeditionary Force. The Anzacs are most well known for operating in the Battle of Gallipoli in 1915, but they also briefly reestablished in 1941, serving in the Battle of Greece during the Second World War. Australian infantrymen being landed at Gallipoli in 1915 Credit: Time & Life Pictures/Getty Images The Gallipoli campaign On April 25, 1915, the Anzacs joined the British Empire and French troops at Gallipoli, Turkey, landing at what is now known as Anzac Cove. As well as their plans to capture the Gallipoli peninsula and open the Dardanelles to the allied navies, the troops set out to capture Constantinople, the capital of the Ottoman Empire - which is now known as Istanbul. Upon arrival, the Anzacs were met with the Ottoman Turkish defenders and faced a challenging battle in the subsequent eight months. By the end of 1915, the military objectives were not successfully met and more than 8,000 Australian soldiers had been killed. Gallipoli The impact and significance of Anzac Day While the eight month campaign resulted in tragedy and the troops failed to capture the Gallipoli peninsula, the sacrifices the Anzacs made left a profound effect on those back home and became a source of national pride in Australia and New Zealand. The "Anzac legend" soon forged a significant part of both countries' identities and in 1916, the first commemorations were held on April 25, with several ceremonies across Australia, a sports day in the Australian camp in Egypt and a march attended by 2,000 Australian and New Zealand troops in London. Patriotic parades continued to be held on April 25 throughout the following years and in 1923, Anzac Day was established as a public holiday in Australia. By 1927, every state held a form of commemoration. In the 1930s, dawn vigils, memorial services and games of two-up became annual traditions to honour the Anzacs, many of which continue to play an important role in modern day commemorations. In later years, April 25 evolved as a day to recognise the Australians and New Zealanders who died in the Second World War and since 1942, Anzac Day has been honoured at the Australian War Memorial. Nowadays, Anzac Day is a national occasion to remember everyone who served and died in all wars and peacekeeping action. Today's commemorations As part of the commemorations, Anzac Day typically begins with memorial services held at dawn, to mark the soldiers' original time of landing in Gallipoli, Turkey. Members of the Albert Battery shoot a volley of fire during the Anzac dawn service at Currumbin Surf Life Saving Club in Australia Credit: Chris Hyde/Getty Images Thought to have increased in Australia following the events of 1915, the dawn services were previously restricted to veterans and would tend to include a single bugler playing the 'Last Post', followed by two minutes of silence. In recent years, families of veterans and members of the public have also attended the dawn services and the events now often include hymns, prayers and the recital of the 'For the Fallen' poem. While they are held in both Australia and New Zealand annually on April 25, other countries around the world including France and the UK also hold their own dawn services. Other ceremonies later take place at war memorials on the day, where wreaths are laid to reflect on those who fought and lost their lives. Prince Harry attends the Anzac Day commemorations in London with New Zealand's High Commissioner to the UK, Jerry Mateparaeat and Australia's High Commissioner to the UK Alexander Downer Credit: Toby Melville/Reuters Ex-servicemen and women also join city marches to remember those who served in conflicts while rosemary is traditionally worn on April 25, because it was found growing wild on the Gallipoli peninsula. Two-up Two-up is a gambling game originating from Australia, where two coins are tossed into the air and players make a bet on whether they will land on heads or tails. It was often played by Australian troops throughout the First World War but its popularity later declined in the 1950s, due to other gambling developments such as poker machines. Now Anzac Day is the only day of the year where people can legally play two-up in all Australian states, with games taking place in Returned Servicemen's League clubs. Anzac biscuits Anzac biscuits, a sweet treat made from rolled oats, were frequently sent to soldiers during the First World War. Previously known as soldiers' biscuits, wives and women's groups would send them to troops abroad because they retained a high nutritional value and remained edible, without refrigeration, during transportation. Anzac biscuits became a common part of the soldiers' diets in Gallipoli and today, they are one of the few commercial products legally produced using the term 'Anzac'.
POSTED APRIL 25, 2019 11:29 AM
|In-Depth Photos of Our Long-Term 2019 Mazda CX-5 Turbo
POSTED APRIL 24, 2019 3:04 PM
|Putin says ready to 'fully restore' ties with Ukraine
President Vladimir Putin said Thursday that Russia was ready to restore full relations with Kiev, after a political novice won the Ukraine presidential election. "We want and we are ready to fully restore relations with Ukraine.
POSTED APRIL 25, 2019 10:45 AM
|Kill a 'Raptor': How to Shoot Down an F-22 Stealth Fighter
The Chinese—like the Russians—have formidable electronic attack capabilities including DRFM jammers.The U.S. Air Force has as a tiny fleet of 186 Lockheed Martin F-22 Raptor stealth fighters. That’s all that survived out of 187 production aircraft (195 jets if developmental airframes are included) that were built out of the 750 that were originally planned. Of those 186 remaining Raptors, only 123 are “combat-coded” aircraft with another twenty that are classified as backup aircraft inventory machines. The rest are test and training assets.But even if 186 aircraft remain in the Air Force’s inventory—not all of those fighters are operational. At least two—possibly more—jets are not currently flyable. One test aircraft—tail 91-4006—at Edward Air Force Base (AFB) in California has avionics that are so old; it’s not worth bothering to fly it anymore. Another aircraft—02-4037—was badly damaged in a belly landing at Tyndall AFB, Fla. It’s going to take at least four years and $98 million to repair the damage. The Air Force has also had trouble with repairing other F-22s due to snafus with retrieving improperly stored production tooling for the jet.This first appeared in October 2015.
POSTED APRIL 25, 2019 9:00 PM
|UPDATE 3-T-Mobile US profit beats estimates as it signs up more customers
T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, as competitive pricing lured new subscribers to its monthly cellphone plans. The company said it added a net 656,000 phone subscribers in the first quarter, up from 617,000 additions a year earlier and substantially more than the 612,000 new subscribers analysts had expected, according to research firm FactSet. T-Mobile, the third-largest U.S. wireless carrier by subscriber count, is awaiting approval of its $26 billion deal to buy smaller rival Sprint Corp, which it has said will give it scale to compete with market leaders Verizon Communications Inc and AT&T Inc.
POSTED APRIL 25, 2019 4:21 PM