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FDIC: Agencies Issue Final Rule Regarding the Treatment of Certain Municipal Obligations as High-Quality Liquid Assets

May 31, 2019

The Federal Deposit Insurance Corporation issued the following news release:. The federal bank regulatory agencies issued a final rule that will adopt without change the agencies’ interim final rule issued in August 2018, amending their liquidity coverage ratio rules to treat certain eligible municipal obligations as high-quality liquid assets.

Tax credit issue stalls Jeffersonville project

May 31, 2019

May 30– May 30– JEFFERSONVILLE– A prized piece of real estate on the fast-track to development now faces derailment from pending litigation, jeopardizing a project that seeks to transform a slice of Jeffersonville’s downtown core. The Jeffersonville Urban Enterprise Association at a special meeting Wednesday unanimously approved a resolution to take…

State Farm and United Services Automobile Association Working Together to Test a Blockchain Solution

May 31, 2019

State Farm and USAA know how important it is to invest, innovate and build for the future. “Today, subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers,” says Mike Fields, Innovation Executive, State Farm. USAA and State Farm are testing how blockchain can be used to gain…

People heeded warnings when unusually strong tornadoes roared through Ohio

May 31, 2019

And the meteorologists hunkered down at the National Weather Service office in Wilmington could see it on the monitors and radars in front of them. On Thursday, a monster tornado that hit Trotwood, northern Dayton and Harrison Township late Monday night was upgraded to an EF4 with 170 mph winds. An EF3 tornado almost three-quarters of a mile wide stayed on the…

Tennessee leads nation in children’s health insurance enrollment drop percentage, report says

May 31, 2019

A national decline in kids enrolled in Medicaid and children’s health insurance– with the sharpest enrollment rate drop occurring in Tennessee– means more children likely have been left without health insurance, according to a report released Thursday. About 828,000 fewer children nationwide were enrolled in Medicaid and the Children’s Health Insurance…

If you’re a PG&E customer, get ready for power blackouts this year to prevent wildfires

May 31, 2019

May 30– May 30– State regulators Thursday approved PG&E Corp.’ s plan to impose blackouts this summer across vast stretches of its territory to prevent major wildfires– and told customers they can’t count on reliable electric service as the fire season gets underway. The Public Utilities Commission approved PG&E’s “wildfire mitigation plan,” in which…

May 30, 2019

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Mammoth Energy Services, Inc. Investors (TUSK)

On May 24, 2019, an article was published by the Wall Street Journal alleging that a FEMA official involved in the reconstruction of Puerto Rico following Hurricane Maria is under investigation for directing electrical grid work contracts to a Mammoth Energy subsidiary, worth up to $900 million and $945 million each. If you purchased Mammoth Energy…

EPA Proposes Adding Schroud Property in Chicago to National Priorities List

May 30, 2019

The Environmental Protection Agency issued the following news release:. Today the U.S. Environmental Protection Agency announced that the Schroud Property in Chicago, Illinois, is one of two sites nationwide proposed for the Superfund National Priorities List where releases of contamination pose human health and environmental risks.

May 30, 2019

Aon and CoverWallet announce commercial partnership

LONDON and NEW YORK, May 30, 2019/ PRNewswire/– Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, and CoverWallet, the market-leading digital insurance company for small businesses, announced today that they have entered into a commercial agreement to serve clients in Australia.

California approves wide power outages to prevent wildfires

May 30, 2019

California regulators say the state’s utilities must do a better job educating and notifying the public and particularly vulnerable populations as they widen precautionary power outages this summer. The California Public Utilities Commission on Thursday approved guidelines for when utilities can cut electricity during high winds and low humidity so that they don’t spark wildfires like the one that devastated the Northern California community of Paradise last fall, killing 85 people.

National Flood Insurance Program Gets Last-Minute Reprieve

May 30, 2019

May 30– May 30– WASHINGTON– The National Flood Insurance Program received a temporary reprieve on Thursday– just one day before it was set to expire and after two previous attempts were thwarted. Congress is on a week-long recess, but the U.S. House had attempted to pass the NFIP reauthorization in a procedural move that would not require a vote if no members…

Louisiana’s Democratic governor signs abortion ban into law

May 30, 2019

Louisiana’s Democratic governor has signed a ban on abortion as early as six weeks of pregnancy, a move that has provoked anger from members of his own party. Gov. John Bel Edwards signed the measure Thursday, making Louisiana the fifth state to enact such a law, joining Mississippi, Kentucky, Ohio and Georgia.

Pritzker activates National Guard to respond to severe flooding in Southern Illinois

May 30, 2019

J.B. Pritzker activated the National Guard on Thursday in response to flooding in the state, which has affected parts of Southern Illinois and the metro-east. On Wednesday, Madison County Board Chairman Kurt Prenzler had asked for the National Guard to help with flood-fighting efforts. Earlier this month, Pritzker signed a proclamation declaring a disaster…

Disaster bill highlights inconsistency in voting records

May 30, 2019

A $19 billion disaster aid bill crawling through Congress highlights the inconsistency of lawmakers, mostly conservatives, who stood resolute against such aid six years ago but demand it now that their states are under water. The path to endorsing disaster aid so unreservedly has been dictated by the hurricanes, tornados, wildfires and floods that have slammed Red State America in the years since Superstorm Sandy struck the Democratic bastions of New Jersey, New York and New England.

May 30, 2019

Dell Technologies Reports First Quarter Fiscal 2020 Financial Results

Dell Technologies today announced financial results for its fiscal 2020 first quarter ended May 3, 2019. “We’re in the middle of a technology led investment cycle that’s fueled by the explosion of data,” said Jeff Clarke, vice chairman, Dell Technologies. Unveiled at Dell Technologies World earlier in the quarter, the Dell Technologies Cloud combines the power…

Global SME Insurance Market Size and Key Companies : AXA, Allianz, AIG, Tokio Marine, ACE&Chubb, China

May 30, 2019

The report depends on real data and basic information about various zones of the global Small Medium Enterprise Insurance market. This report focuses on the global Small Medium Enterprise Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Small Medium Enterprise Insurance development…

May 30, 2019

Guidewire Software to Present at William Blair Investor Conference

Guidewire Software, Inc., provider of the industry platform Property& Casualty insurers rely upon, today announced that its Chief Executive Officer, Marcus Ryu, will present at the William Blair 39 th Annual Growth Stock Conference to be held in Chicago, IL.. The Guidewire presentation is scheduled for Thursday, June 6, 2019 at 11:20 a.m. CT.

May 30, 2019

Nearly Half of Insurers Intend to Increase the Number of ACA Plans They Offer in 2020, According to eHealth Survey

–Today eHealth, Inc. released results from a survey of health insurance companies touching on enrollment trends, public policy issues, and the politics of health care in the United States. Insurers offering Affordable Care Act coverage in the individual and family market and with whom eHealth has a relationship were invited to participate in the survey, which…

May 30, 2019

Mozambique cyclones a ‘wake-up call’ to boost resistance: UN weather agency

NEW YORK, 29 May 2019/ PRN Africa/– A World Meteorological Organization fact-finding mission to Mozambique recommended on Wednesday a package of disaster-risk-reduction priorities to strengthen the country’s early warning systems and reduce damage due to weather, climate and water-related hazards. It also draws attention to Mozambique’ s vulnerability…

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