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AXA Appoints Chubb’s Gunter as CEO of AXA XL, Replacing Hendrick
AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice president of Chubb Group and president …

POSTED FEBRUARY 20, 2020 10:31 AM
Activist Hedge Fund Elliott Investment Builds Stake in Dutch Insurer NN Group
Elliott Investment Management, U.S. billionaire Paul Singer’s activist hedge fund firm, has built up a 3.04% stake in Dutch insurer NN Group, a filing by the Dutch financial regulator AFM showed on Thursday. Elliott’s move sent NN Group shares up …

POSTED FEBRUARY 20, 2020 9:52 AM
Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims
Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower. Net profit in the year …

POSTED FEBRUARY 20, 2020 9:42 AM
AXA Lowers 2020 Profit Guidance for XL Unit
French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the division, as it stepped up measures to reduce exposure to risks stemming from natural disasters that become more frequent. Insurers …

POSTED FEBRUARY 20, 2020 9:25 AM
Tennessee Teen Kidnapped by Teacher Settles with School District for $650K
A lawsuit has been settled between a Tennessee school district and a former student who was kidnapped by a teacher when she was 15. Tad Cummins sparked a 39-day nationwide manhunt when he fled the state with the former Culleoka …

POSTED FEBRUARY 20, 2020 8:00 AM
Tennessee Grand Jury Wants Criminal Investigation Into Coal Ash Worker Illnesses
A grand jury in Tennessee said it would support a criminal investigation into claims that a Tennessee Valley Authority contractor failed to protect workers cleaning up a massive coal ash spill, many of whom later fell ill and some of …

POSTED FEBRUARY 20, 2020 7:57 AM
Farmers Insurance Expands Into South Carolina with Online Auto Insurance Policy
Farmers Insurance has launched its first auto insurance product in South Carolina, delivered exclusively through a new digital and customizable auto insurance policy available on Farmersdirect.com. The digital auto insurance product in South Carolina offers quick quoting and a self-serve …

POSTED FEBRUARY 20, 2020 7:52 AM
Suit Against Army Corps for Post-Harvey Flooding Dismissed by Federal Judge
A federal judge has ruled that the U.S. Army Corps of Engineers isn’t liable for flood damage to thousands of Houston homes after the agency cracked open the gates on two massive dams in the wake of Hurricane Harvey. In …

POSTED FEBRUARY 20, 2020 6:46 AM
Employee Accused of Stealing from Nebraska Insurance Agency Fined $400
A woman accused of stealing from a Beatrice, Neb., insurance agency has been fined $400. Gage County Court records say Nicole Nelson paid the fine; the 45-year-old had pleaded no contest to a misdemeanor theft charge. She originally was charged …

POSTED FEBRUARY 20, 2020 6:36 AM
Viewpoint: 4 Things Insurance Firms Can Do to Improve Efficiency, Data Use
Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the industry isn’t exactly made up of a bunch of early …

POSTED FEBRUARY 20, 2020 6:34 AM

Yahoo News - Latest News & Headlines

Trump declares himself 'chief law enforcement officer' as he issues numerous pardons

Trump declares himself 'chief law enforcement officer' as he issues numerous pardonsThe president on Tuesday exercised his pardon power, granting clemency to or commuting the sentences of nearly a dozen people convicted of crimes.




POSTED FEBRUARY 18, 2020 3:39 PM

2 socialites have reportedly died after their Mercedes fell off a ferry leaving the most expensive ZIP code in the United States

2 socialites have reportedly died after their Mercedes fell off a ferry leaving the most expensive ZIP code in the United StatesThe only way to get to Miami's exclusive Fisher Island is by a seven minute ferry, and two women inexplicably fell off it and died last night.




POSTED FEBRUARY 19, 2020 6:54 PM

The Democrats gave Mike Bloomberg what he deserved

The Democrats gave Mike Bloomberg what he deservedThe new contestant in the 7,000th Democratic debate, which took place in Las Vegas on Wednesday night, was former New York City Mayor Mike Bloomberg, who got on the debate stage by spending 400 million dollars, and most of the key discussion focused on his candidacy and his record.Practically the whole field united to savage Bloomberg. Joe Biden, Elizabeth Warren, Amy Klobuchar, and Bernie Sanders all attacked him more aggressively than any candidate has attacked another at any previous debate, and Bloomberg was all but helpless before the withering assault. Though he has bought off dozens of Democratic politicians and think tanks, it seems like all but one of his competitors are not at all keen on their party being bought wholesale by a billionaire oligarch.The most riveting moment of any Democratic debate so far came almost immediately, when Warren nailed Bloomberg on his appalling record of sexual harassment, racism, and plutocratic corruption:> I'd like to talk about who we're running against — a billionaire who calls women 'fat broads' and 'horse-faced lesbians.' And no, I'm not talking about Donald Trump, I'm talking about Mayor Bloomberg. Democrats are not going to win if we have a nominee who has a history of hiding his tax returns, of harassing women, and of supporting racist policies like redlining and stop-and-frisk … Democrats take a huge risk if we just substitute one arrogant billionaire for another. [Elizabeth Warren]Later, when Bloomberg tried to deflect a question about allegations of workplace harassment, Warren pounced again: "He has gotten some number of women — dozens, who knows? — to sign non-disclosure agreements both for sexual harassment and for gender discrimination in the workplace. So Mr. Mayor, are you willing to release all those women from those non-disclosure agreements, so we can hear their side of the story?" (By the way, the total number is at least 64 women as part of 40 different lawsuits.)Bloomberg again tried to deflect, arguing that the agreements were made to protect the privacy of the women involved. "They decided when they made an agreement that they wanted to keep it quiet." Biden then joined in, pointing out the obvious fact that this is not what NDA agreements are really about. People take the money, and in return they agree not to discuss the horrible event. It's basically hush money, and the American people deserve to know the truth. "All the mayor has to do," Biden said, is tell those people, "'You are released from the nondisclosure agreement.'"Bloomberg still did not agree to release the agreements, but he was completely nonplussed by the exchange. He clearly was not prepared for these rather obvious questions, perhaps because he is a cloistered plutocrat surrounded by yes men and toadies, or perhaps because there is no defense at all. He appeared very much like what he in fact is — a very rich man who is likely facing bitter, unfiltered criticism to his face for the first time in years.The only candidate who largely refused to leap on the dogpile was Pete Buttigieg. When Biden and Warren were mercilessly destroying Bloomberg on his sexual harassment history, Buttigieg did not join in. When Klobuchar was attacking Bloomberg for failing to release his tax returns (as Trump has also refused to do), Buttigieg stood aside. When Sanders was attacking Bloomberg for endorsing George W. Bush in 2004, and for being a gigantic vector of corruption in the political system, Buttigieg said nothing.In his one clear attack on Bloomberg, Buttigieg triangulated himself between Bloomberg and Sanders. "Most Americans don’t see where they fit if they’ve got to choose between a socialist who thinks capitalism is the root of all evil and a billionaire who thinks money ought to be the root of all power," he said. "We shouldn’t have to choose between one candidate who wants to burn this party down and another candidate who wants to buy this party out."Every other candidate, especially Warren, seemed genuinely infuriated at the prospect of a racist, sexist, authoritarian former Republican like Bloomberg buying the Democratic nomination like a slurpee at 7/11. But Buttigieg, well, he's cut from a different kind of cloth.It remains to be seen how much Bloomberg's epic debate faceplant will matter when it comes time to vote in upcoming states. He is spending a totally unprecedented amount of money on this primary. But this was by far the most interesting and dramatic debate of the primary season, and he ate it big time. It doesn't speak well for his ability to hold up under the scrutiny of a general election campaign, where his money will be a lot less useful than it is right now.Want more essential commentary and analysis like this delivered straight to your inbox? Sign up for The Week's "Today's best articles" newsletter here.More stories from theweek.com Mike Bloomberg is not the lesser of two evils How to ensure it's a boy (according to 100-year-old pregnancy guides) Warren: Bloomberg will drop 'another $100 million' just to 'erase America's memory' of the Las Vegas debate




POSTED FEBRUARY 20, 2020 12:22 AM

Hate crimes go unchecked at Syracuse University, students say

Hate crimes go unchecked at Syracuse University, students sayThe black-led movement NotAgainSU launched the sit-in Monday to protest the administration's handling of racial incidents at the university.




POSTED FEBRUARY 19, 2020 4:02 PM

Former South Korean president jailed after losing appeal

Former South Korean president jailed after losing appealFormer South Korean president Lee Myung-bak was taken to prison Wednesday to begin a 17-year term for bribery and embezzlement after losing an appeal against a lighter sentence. Several South Korean presidents have ended up in prison after leaving office -- often as a result of investigations started by political rivals.




POSTED FEBRUARY 19, 2020 3:45 AM

Pope tenderly kissed on forehead by man in front-row seat

Pope tenderly kissed on forehead by man in front-row seatWell-wishers at Pope Francis' weekly audience have thrust soccer T-shirts, flowers and many a wailing baby into his arms. On Wednesday, Francis seemed to thoroughly enjoy a surprise expression of affection: a long, tender kiss planted on his forehead by a man in one of the front-row seats reserved for ailing or disabled people at the end of his audience. Francis appeared to be smiling when the man, who stood up when the pontiff approached to greet him and others in the front row, pulled the pope's head toward him and gave a kiss lasting several seconds, pressing his nose against Francis' forehead in the process.




POSTED FEBRUARY 19, 2020 1:44 PM

Pilots aboard Hurricane Hunter plane chasing a winter storm experience strange phenomenon

Pilots aboard Hurricane Hunter plane chasing a winter storm experience strange phenomenonAn experienced hurricane hunting crew chasing a winter storm came across a far different discovery this past weekend. In what is know as St. Elmo's fire, footage of the forking electric discharge was captured on Saturday by pilots as the spectacle flashed throughout the cockpit.The video, captured by the National Oceanic and Atmospheric Administration (NOAA) Aircraft Operations Center (AOC), was taken as pilots flew across the Atlantic Ocean amid thunderstorms. NOAA deployed the hunters to support a project analyzing ocean surface winds in winter storms over the North Atlantic.The flight took place as Storm Dennis chugged along in the North Atlantic approaching Ireland and the United Kingdom.While frightening and shocking on camera, AccuWeather Senior Meteorologist Dave Samuhel said the actual charge from the weather phenomenon is harmless, especially for those surrounded by the metal shell of the aircraft."St. Elmo's fire is a phenomena that has occurred throughout human history. Before it was reported on planes, it happened on ships in the open ocean," Samuhel said. "It happens when the charge of an object is much different than the charge of the air. Unlike lightning when huge bolts of electricity jump across a large distance from one charge to another, St. Elmo's fire happens on a very small scale." Sprawling displays of St. Elmo's fire illuminated the cockpit of a crew flying across the Atlantic Ocean. (NOAA Corps) Named after St. Erasmus of Formia, the patron saint of sailors, reports of St. Elmo's fire trace back thousands of years to ancient Greece and tales of the marvel were consistently shared by ship fleets.St. Elmo's fire differs from lightning in that it is simply a glow of electrons in the air, whereas lightning is the movement of electricity from a charged cloud to the ground. In a thunderstorm, where the surrounding environment is electrically charged, the phenomenon is sparked when a charged object, such as a ship mast or airplane nose, causes a dramatic difference in charge, emitting a visual discharge. It can most simply be compared to a continuous spark."The point of the nose of an aircraft gives electricity an easy path to flow, as does the mast of the ship," Samuhel said. "These locations are where St. Elmo's fire is most common."CLICK HERE FOR THE FREE ACCUWEATHER APPIn historical recounts of St. Elmo's fire, writers such as Julius Caesar and Charles Darwin depict the instances as a steady glow."Everything is in flames: the sky with lightning, the water with luminous particles and even the very masts are pointed with a blue flame," Darwin wrote while aboard the Beagle as he traveled across the Atlantic.For experienced pilots like the Hurricane Hunters, the light show in front of them likely wouldn't have induced any fear or panic, although the event could be a sign of stormy weather ahead."It lasted about three minutes," explained Maria Ines Rubio, a flight attendant who witnessed the phenomenon in 2017, to The Washington Post. "I wasn't nervous, because it a rather normal occurrence when you get into a strong enough storm."The phenomenon, also known as a corona discharge, is "commonly observed on the periphery of propellers and along the wing tips, windshield, and nose of aircraft flying in dry snow, in ice crystals, or near thunderstorms," according to the Encyclopedia Britannica.Keep checking back on AccuWeather.com and stay tuned to the AccuWeather Network on DirecTV, Frontier and Verizon Fios.




POSTED FEBRUARY 19, 2020 4:14 PM

ICE says it plans to destroy a trove of detention records, including numbers on detainee deaths and sexual assaults

ICE says it plans to destroy a trove of detention records, including numbers on detainee deaths and sexual assaultsThe ACLU races to retrieve years of ICE detention records that they say are critical to holding ICE accountable for abuses and misconduct.




POSTED FEBRUARY 19, 2020 10:21 AM

Russia's Su-57 Got A Good Test Run In Syria (But Is It A Threat?)

Russia's Su-57 Got A Good Test Run In Syria (But Is It A Threat?)It's not ready for mass production yet.




POSTED FEBRUARY 19, 2020 10:00 PM

Trump Got Tons of Campaign Cash Before Handing Out Pardon

Trump Got Tons of Campaign Cash Before Handing Out PardonPresident Donald Trump on Tuesday granted clemency to 11 people, including several convicted felons who are either Fox News regulars or have been championed by the president’s favorite cable-news network. And in another case, the family of one pardon recipient dished out massive contributions to the president’s re-election campaign just months before Trump’s clemency spree.Among those granted pardons or sentence commutations were former Illinois Gov. Rod Blagojevich, who was sentenced to 14 years in prison for attempting to sell former President Barack Obama’s Senate seat; former New York City police commissioner Bernard Kerik, who was sentenced to four years in 2010 for tax fraud and lying to the feds; and Michael Milken, the “junk-bonds king” whose early-'90s insider-trading conviction made him a poster boy of white-collar crime.Unsurprisingly, a key influence that led to Trump’s decision, particularly as it related to Blagojevich, was Fox News. The same could partly be said of the decision on Kerik, a frequent Fox News guest whose pardon was backed by several of the network’s stars; Milken, whose pardon was supported by Fox Business Network host and Trump loyalist Maria Bartiromo; and Angela Stanton, an occasional pro-Trump TV pundit whose pardon was pushed by frequent Fox News guest and evangelical leader Alveda King.Speaking to reporters on Tuesday, Trump made the Fox News connection abundantly clear, telling reporters that he decided to commute the rest of Blagojevich’s sentence because he’d seen the ex-governor’s wife Patti Blagojevich pleading her husband’s case on Fox. “I watched his wife on television,” Trump declared, adding that he didn’t know the ex-governor “very well” despite Blagojevich’s appearances on The Celebrity Apprentice years ago.In mid-2018, the president repeatedly asked close advisers to explore a Blagojevich pardon and, while doing so, emphatically referenced clips he’d seen on Fox, including a segment on informal Trump adviser Jeanine Pirro’s weekend show, according to two sources who independently discussed the matter with the president at the time.According to liberal media-watchdog Media Matters for America, Patti Blagojevich took to Fox programming in April 2018 to push for her husband’s sentence to be reduced, making at least seven appearances on some of Trump’s favorite primetime shows such as Tucker Carlson Tonight and The Ingraham Angle.The hosts, meanwhile, didn’t even bother with subtlety during the interviews. For instance, Tucker Carlson asked Mrs. Blagojevich what she would say “if you could speak to the president.” Kerik, meanwhile, has been a frequent guest of Fox News primetime programming for several years, generally offering on-air criticism of how Democrats handle New York City’s police department and criminal justice in general.In what can generously be described as ironic, Kerik appeared the evening before his pardon on Tucker Carlson Tonight to rail against bail reform in New York while urging for harsher punishment for criminals, claiming crime was down when the police department increased arrests for “jumping turnstiles” and other low-level misdemeanors.Kerik has also been used as a Trump-friendly critic of the so-called “deep state” on Fox News airwaves, at one point advocating for the arrest of House Speaker Nancy Pelosi and House Intelligence Committee Chairman Adam Schiff (D-CA) for trying to carry out an “attempted coup” of Trump with the whistleblower complaint and impeachment inquiry.According to the White House, Kerik’s pardon was supported by Fox News stars like Geraldo Rivera and Judge Andrew Napolitano. Additionally, the administration said, Trump’s personal lawyer Rudy Giuliani—a frequent Fox News commentator and Kerik's one-time boss—backed the decision.Pirro, meanwhile, celebrated Kerik’s pardon and Blagojevich’s commutation on Twitter, personally thanking the president while declaring that “political prosecutions have no place in this country.”The pro-Trump Fox News star, who brushed off Blagojevich’s crimes as “just practicing politics” in an April 2018 interview with Patti Blagojevich, has something of a sordid history with Kerik. Back in 2006, Pirro—who was then running as a Republican for New York attorney general—admitted she asked Kerik to bug her then-husband’s boat to see if he was having an affair after federal prosecutors began investigating whether she and Kerik illegally taped conversations.While junk-bond king Michael Milken is not a Fox News regular by any measure, his pardon was backed by Bartiromo, yet another Fox star who has morphed into an unofficial mouthpiece of and adviser to President Trump. Additionally, Angela Stanton, who was pardoned for her role in a stolen luxury-vehicle ring, has appeared on Fox News as a pro-Trump commentator—much like her godmother Alveda King, who backed her pardon—often arguing that Democrats want more poor women of color to have abortions.Appearances on Fox News and Fox Business—two of Trump’s favorite networks—are popular vessels for those seeking to make their cases for pardons or clemency directly to the president, a voracious consumer of TV and cable news. The most prominent example was the sustained, successful on-air and behind-the-scenes campaign on Fox to lobby Trump to grant clemency to accused and convicted American war criminals. Fox & Friends Weekend host Pete Hegseth was a ringleader of that highly controversial effort.“[Trump] knows how people play this game,” said one source close to the president. “He’s even told me before something to the effect of, ‘All these people keep getting themselves on Fox News begging me for a pardon,’ so he’s self-conscious about this stuff. But it doesn’t matter, it still has an effect on him.”For those who didn’t receive the Fox News treatment, it appears that in at least one case, cold hard cash did the talking. Paul Pogue, a construction company owner who pleaded guilty to underpaying his taxes by $473,000 and received three years probation, was issued a full pardon and clemency by the president.According to FEC filings, Pogue’s family has donated hundreds of thousands of dollars in direct contributions and in-kind air travel to the Trump Victory Committee. Beginning in August 2019, Ben Pogue—CEO of Pogue Construction and son of Paul Pogue—and his wife Ashleigh made over $200,000 in contributions to the campaign.In August alone, Ben Pogue donated $85,000 to Trump Victory while Ashleigh Pogue contributed $50,000 that month. The following month, Ben Pogue made an in-kind air travel contribution of $75,404.40. The couple also made several large donations to the Republican National Committee and each donated $5,600 to Donald Trump for President Inc.On the day of their first donation to the Trump campaign, Ashleigh posted an Instagram photo of her and her husband posing with Donald Trump Jr. and his girlfriend, Kimberly Guilfoyle, at the Hamptons.Prior to the Pogues’ sudden significant donating spree to Trump and the Republicans, the couple was not seen as big campaign spenders, having donated a few thousand dollars for Paul Ryan’s congressional campaign in 2017 and $5,400 for former Pennsylvania Sen. Rick Santorum’s 2016 Republican presidential run.Notably, one of the advocates for Pogue’s clemency: Santorum, who is now a CNN contributor.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.




POSTED FEBRUARY 18, 2020 3:27 PM

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