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Reuters: Top News

G7 leaders reach impasse on climate, urge cyber crackdown
TAORMINA, Italy (Reuters) - Leaders from the world's major industrialized nations failed to persuade U.S. President Donald Trump to back a landmark climate deal at a G7 summit in Sicily on Friday after hours of talks that were described by Germany's leader as "controversial".

POSTED MAY 26, 2017 3:31 PM
Trump to set up 'war room' to repel attacks over Russia probe, officials
BRUSSELS/WASHINGTON (Reuters) - President Donald Trump’s White House is preparing to establish a 'war room' to combat mounting questions about ties between Russia and his presidential campaign, administration officials and persons close to Trump said, addressing a scandal that has threatened to consume his young presidency.

POSTED MAY 26, 2017 3:55 PM
Trump travel ban fight heads toward Supreme Court showdown
WASHINGTON (Reuters) - The fate of President Donald Trump's order to ban travelers from six predominantly Muslim nations, blocked by federal courts, may soon be in the hands of the conservative-majority Supreme Court, where his appointee Neil Gorsuch could help settle the matter.

POSTED MAY 26, 2017 2:33 PM
Boehner: Trump has been 'complete disaster'
WASHINGTON (Reuters) - U.S. President Donald Trump's time in office has been a "complete disaster" aside from foreign affairs, fellow Republican and former U.S. House Speaker John Boehner said at an energy conference.

POSTED MAY 26, 2017 3:49 PM
Masked gunmen kill 28 in attack on Christians in Egypt
MINYA, Egypt (Reuters) - Gunmen attacked a group of Coptic Christians traveling to a monastery in central Egypt on Friday, killing 28 people and wounding 24, with many children among the victims, Health Ministry officials said.

POSTED MAY 26, 2017 2:30 PM
Fierce clashes as rival factions battle in Libyan capital
TRIPOLI (Reuters) - Heavy clashes erupted in the Libyan capital Tripoli on Friday, as armed groups aligned with the U.N.-backed government fought to fend off a major offensive by rival Islamist-leaning forces and militia fighters.

POSTED MAY 26, 2017 2:01 PM
U.S. economy slowed less than expected in first quarter; outlook cloudier
WASHINGTON (Reuters) - The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter.

POSTED MAY 26, 2017 12:40 PM
Under state pressure, Venezuela TV limits live coverage of protests
CARACAS (Reuters) - In the mountains above Caracas, two government officials often stand watch over the antennas of TV news network Globovision, poised to take it off air if regulators object to coverage of anti-government protests, according to two station employees.

POSTED MAY 26, 2017 3:07 PM
Hillary Clinton attacks proposed Trump budget cuts as 'cruelty'
WELLESLEY, Mass. (Reuters) - Hillary Clinton assailed the man who beat her to the White House, slamming as "unimaginable cruelty" President Donald Trump's proposal to cut $3.6 trillion in government spending over the next decade in a speech on Friday.

POSTED MAY 26, 2017 2:49 PM
U.S. to carry out first ICBM intercept test
WASHINGTON (Reuters) - The United States will test an existing missile defense system to try to intercept an intercontinental ballistic missile (ICBM) next week, U.S. officials said on Friday, at a time when North Korea is trying to develop one.

POSTED MAY 26, 2017 2:40 PM

Business Insurance

Travelers unit not liable for debris removal above flood damage cap
A Travelers Cos. Inc. unit is not responsible for debris removal costs for a property damaged during Superstorm Sandy in excess of its policy’s $1 million flood damage cap.

POSTED MAY 26, 2017 3:18 PM
Sugar in jelly beans? How dare they!
Jelly beans contain sugar; read the label. So says Jelly Belly in response to a class action lawsuit filed earlier this year by a California, woman who objected to the amount of sweet stuff in their product.

POSTED MAY 26, 2017 2:10 PM
Teacher hurt in student fight limited to comp benefits

POSTED MAY 26, 2017 1:13 PM
Former Zurich exec Salvatore jumps to Hanover Insurance
Bryan J. Salvatore has been named executive vice president and president of specialty for Hanover Insurance Group Inc., the Worcester, Massachusetts-based insurer said Thursday.

POSTED MAY 26, 2017 11:34 AM
The BI Top 10
This week's most popular stories include a photo gallery of the highest-paid broker executives and property/casualty profit news.

POSTED MAY 26, 2017 10:05 AM
U.K. intelligence agency urges company directors to take charge of cyber security
British intelligence and security agency Government Communications Headquarters said that directors of local businesses need to take charge of cyber security and stop "devolving responsibility" for protecting businesses from hackers, The Telegraph reported.

POSTED MAY 26, 2017 7:09 AM
Nat cat losses account for two thirds of public sector losses: Study
A study by the Indian government revealed that losses from natural disasters account for two thirds of all public sector losses, The Times of India reported.

POSTED MAY 26, 2017 7:06 AM
AIG Philippines earmarks $2.5 billion for property insurance
AIG Philippines Insurance Inc. has earmarked $2.5 billion for property insurance for this year in anticipation of the 7 trillion Philippine pesos ($140 billion) infrastructure rollout by the government, Business Mirror reports.

POSTED MAY 26, 2017 7:04 AM
U.S. insurer receives registration certificate for India, to start operations soon
U.S.-based DHFL General Insurance Co. has received certificate of registration from the Insurance Regulatory and Development Authority of India and will commence operations soon, Business Standard reported citing the Press Trust of India.

POSTED MAY 26, 2017 7:02 AM
Arab Misr Insurance to insure Egyptian firm's assets
Egypt-based Arab Misr Insurance Group S.A.E. has won a nearly $195 million tender to provide insurance cover for local oil and gas services provider The Petroleum Projects And Technical Consultations Co.'s assets, Anwal Al Ghad reports citing sources.

POSTED MAY 26, 2017 7:00 AM

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