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Geologists say North Korea’s nuclear test site has collapsed

April 26, 2018

Research by Chinese geologists shows the mountain above North Korea’s main nuclear test site has collapsed, rendering it unsafe for further testing and requiring it be monitored for leaking radiation. The findings may shed light on Kim Jong Un’s announcement that his country was ceasing its testing program ahead of planned summits with the South Korean and U.S. presidents.

VA nominee accused of drunken behavior, reckless prescribing

April 26, 2018

The nomination of the White House doctor to lead the Department of Veterans Affairs has suffered another blow with allegations of recklessly prescribing drugs and drunken behavior. The White House is both defending Dr. Ronny Jackson and preparing for the possibility that he will withdraw from consideration as VA secretary. Senate Democratic staff compiled accusations from conversations with 23 current and former colleagues at the White House Medical Unit. Jackson has denied the allegations.

Welltower Reports First Quarter 2018 Results

April 26, 2018

–Welltower Inc. today announced results for the quarter ended March 31, 2018. Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro rata new property acquisitions at a blended yield of 6.7% Generated $987 million of pro rata proceeds from property sales and loan payoffs at a blended yield…

ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors

April 25, 2018

The partnership will enable ProMedica to gain immediate scale in the fast-growing home health and post-acute care markets, obtain a best-in-class portfolio of assets staffed by highly trained and dedicated healthcare professionals, and develop a diversified business that can better evolve with the current healthcare industry. “We want to take down the…

Sen. Blumenthal and Murphy Introduce Legislation To Bring Federal Funds For Homeowners With Failing Foundations

April 25, 2018

April 26– Democratic senators Richard Blumenthal and Chris Murphy introduced two bills Wednesday that would give Connecticut homeowners access to federal funding to repair failing foundations. One bill, sponsored by Blumenthal, would provide $100 million to homeowners through Federal Emergency Management Agency grants. “We have visited homes and…

Auditor General DePasquale Says Carbondale Granted Lifetime $10,000-a-Year Retirement Incentive Not Permitted Under State Law

April 25, 2018

Carbondale officials also granted the retirement incentive without examining the long-term financial impact on the pension plan, as required by state law. Carbondale pays all taxes on the $10,000- a-year net benefit, raising incentive costs to $11,760 per year, or $980 a month in excessive benefits. “Carbondale has made some creative attempts to cut costs…

Rep. Gene Green Leads Letter Calling on Gov. Abbot to Take Action to Increase Health Care Coverage, Drive Down Costs

April 25, 2018

Gene Green, D- Texas, issued the following news release:. Gene Green, Ranking Member on the Energy and Commerce Subcommittee on Health, and several Democrats of the congressional Texas delegation sent a letter to Texas Gov. Greg Abbott addressing the high uninsured health care rate in Texas and calling on Gov. Abbott to take action at the state level to increase…

Willis Towers Watson Appoints Michael LeBoeuf Senior Director in Its Americas Life Practice

April 25, 2018

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the appointment of Michael LeBoeuf as senior director in its Americas Life practice. “We’re thrilled for Mike to join our team given his significant leadership roles that he has held in the past,” said Jack Gibson, managing director, Americas Life practice, Willis…

2017 Catastrophe Losses Mask Deterioration in Underlying Performance Compared to 2005, 2011: Willis Re

April 25, 2018

Alternative capital also increased to USD 88 billion, despite the draw-down of some catastrophe bonds and collateralized reinsurance and retrocession layers in the wake of the 2017 Atlantic hurricanes. These are the findings of the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global advisory, broking and solutions…

Carnegie Corporation of New York Names 31 Winners of Andrew Carnegie Fellowships

April 25, 2018

The Carnegie Corporation of New York issued the following news release:. Building on a century-old, philanthropic tradition of investing in creative scholarly research, Carnegie Corporation of New York today announced the 2018 class of Andrew Carnegie Fellows. “We were reassured by the immense talent and breadth of experience reflected in the proposals…

Willis Towers Watson Strengthens North America Broking Platform With Key Appointments

April 25, 2018

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking platform. O’Connor, a 30- year veteran of the insurance industry, joined Willis Towers Watson in 2006. Drummond will oversee Willis Towers Watson’s casualty…

State workers in line for raises, but will have to wait

April 25, 2018

April 26– JEFFERSON CITY– Missouri prison guards, child welfare workers and other members of the nation’s lowest paid state workforce will have to wait an additional six months to see larger paychecks under a budget plan approved by the Senate Wednesday. Facing rising health care costs for state employees, the Senate voted unanimously to delay giving workers…

N.C. A&T to use $1 million from Blue Cross NC for its nursing program

April 25, 2018

A&T will use a $1 million gift from Blue Cross and Blue Shield of North Carolina to help its nursing program. The gift, announced Wednesday, is the fourth million-dollar donation from the Durham- based health insurer to a university nursing program in North Carolina this year. Over the past year, Blue Cross NC has given $1 million to nursing programs at three other…

AXIS Capital Reports First Quarter Net Income of $63 Million, or $0.75 Per Diluted Common Share; Operating Income of $123 Million, or $1.46 Per Diluted Common Share

April 25, 2018

PEMBROKE, Bermuda—- AXIS Capital Holdings Limited today reported net income available to common shareholders for the first quarter of 2018 of $63 million, or $0.75 per diluted common share, compared to net income of $5 million, or $0.06 per diluted common share, for the first quarter of 2017.. Operating income 1 for the first quarter of 2018 was $123 million, or $1.46…

New citation filed against owner of Jeannette row house where woman died in fire

April 25, 2018

April 25– Authorities filed an additional citation Wednesday against the owner of a Jeannette row house where an elderly woman in a fire this month after learning a new tenant was to get keys to the a vacant unit the same day the building burned. Property owner Robert Struhala, of Greensburg, had not gotten an occupancy permit, had the unit inspected or registered…

No injuries in early-morning truck crash into building at Lochearn shopping center

April 25, 2018

April 25– No one was injured when a tractor-trailer carrying a heavy load early Wednesday morning crashed into the side of a former beauty supply store in Lochearn, according to Baltimore County police. A 911 call came in at 5:17 a.m. from an unidentified witness who saw the truck’s cab inside the building in the Woodmoor Shopping Center, said police…

State police: Santa Fe man faces 11th charge of DWI

April 25, 2018

April 25– New Mexico State Police arrested a Santa Fe man on his 11th DWI charge Sunday night after he nearly crashed into an officer’s vehicle while driving the wrong way on Cerrillos Road, the agency said. Santiago Garcia had his first appearance Tuesday in the Santa Fe County Magistrate Court but entered no plea. According to a criminal complaint, Garcia, 53, was…

Poll shows Gov. Phil Bryant approval tops even Trump

April 25, 2018

An NBC/ SurveyMonkey poll, in collaboration with Mississippi Today, found that 67 percent of Mississippi respondents said they “strongly” or “somewhat” approve of the way Gov. However, more Mississippi respondents polled “strongly” approve of Trump than Bryant. Roger Wicker and retired U.S. Sen.

Parents Can Soon Keep Closer Tabs On Teen Drivers

April 25, 2018

April 25– OTTAWA COUNTY– Later this year, Ottawa County teenage drivers might have to be more honest with their parents if they get pulled over by police. The Michigan Sheriffs’ Association is running a pilot program to expand and update its already-existing STOPPED program. A STOPPED program alert previously meant a mailed letter to parents, but a grant from…

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