UK Finance Minister Tells Executives Finance Sector Is His Priority as Brexit Nears

British finance minister Sajid Javid told representatives of the country’s financial services industry on Monday that the sector was a top priority for him as the country prepares to leave the European Union, a person familiar with the discussions said. …

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Putting Municipal Ransomware Attacks— and Cyber Insurance —in Context

The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only about paying ransoms but also about the role of insurance in helping these targets get back to serving the public. …

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Federal Officials Issue Health Warning on Marijuana Use by Teens, Pregnant Women

Federal health officials issued a national warning Thursday against marijuana use by adolescents and pregnant women, as more states legalize the increasingly potent drug for medicinal and recreational use. Health and Human Services Secretary Alex Azar and Surgeon General Jerome …

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Brexit Is Moving £61 Billion in London Insurance Business to Rival Financial Centers

London’s outsized role in the global insurance industry is being whittled down by Brexit. As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a consequence of Britain’s vote …

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Guy Carpenter Fires Executive Who Sent Harassing Email About Colleague

A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking …

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Powerful Hurricane Dorian Brings ‘Historic Tragedy’ to Bahamas

The Bahamas suffered at least five deaths and “unprecedented and extensive” devastation as the most powerful storm in its history tears up homes and leaves swathes of territory underwater. “We are in the midst of a historic tragedy in parts …

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Category 5 Hurricane Dorian Batters Bahamas; Florida, Southeast Coast Await Fate

Sept. 2, 2019, 7:12 AM EST— Hurricane Dorian, tied as the most powerful storm to hit land anywhere in the Atlantic, battered the Bahamas inflicting colossal damage to property and infrastructure across the chain of islands. The hurricane was packing …

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