Pressure

Illinois Sees ‘Unprecedented’ Budget Pressure From Trump Cuts

Life Insurance /
Illinois Sees ‘Unprecedented’ Budget Pressure From Trump Cuts

Illinois Governor JB Pritzker’s budget office is warning that the state is facing higher costs and more uncertainty as President Donald Trump’s administration threatens to pull back federal funding. “Over the past year, federal policy changes have altered the federal-state partnership by shifting costs to states and reducing support for longstanding programs that serve working […]

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Allianz Executive Pushes EU to Pressure US With Market Volatility

Auto Insurance /
Allianz Executive Pushes EU to Pressure US With Market Volatility

European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors. “If I were an adviser to some European governments, I would say you almost need to create a little bit of market volatility because Donald Trump cares

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Mexico Train Derailment Piles Pressure on Sheinbaum Over Safety of Megaprojects

Auto Insurance /
Mexico Train Derailment Piles Pressure on Sheinbaum Over Safety of Megaprojects

Mexico’s President Claudia Sheinbaum deferred questions on Tuesday about the record of a passenger train that derailed over the weekend, killing 13 people and injuring 98 others, the latest in a series of accidents that have put pressure on her government to improve the safety of flagship projects. The conductor of the train, who survived,

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Hackers Strike Ivy League Schools Already Under Political Pressure

Auto Insurance /
Hackers Strike Ivy League Schools Already Under Political Pressure

Hackers have struck elite US universities in recent weeks, pilfering sensitive data from donors and making off with students’ information in a string of digital heists that only add stress to schools already besieged with political pressure. Dartmouth College, Harvard University, Princeton and the University of Pennsylvania have each disclosed breaches within the past three

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Daily Digest: London D&F market under pressure, P&I pool claims increase, Moody’s tallies SCS losses

Home Insurance /
ID Daily Digest Monday

Catch up on the essential news and analysis from the Insurance Day experts       Related Stories Gallagher Re chairman Paddy Jago to retire European insurers face 'partly cloudy' outlook Moody’s tallies $42bn in US severe convective storm losses so far this year  

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S&P 500 Closes Lower for 4th Straight Session as Tech Stocks Remain Under Pressure; Investors Awaiting Nvidia Earnings

Investment Tips /
S&P 500 Closes Lower for 4th Straight Session as Tech Stocks Remain Under Pressure; Investors Awaiting Nvidia Earnings

Noteworthy S&P 500 Movers on Tuesday 1 hr 45 min ago Decliners Home Depot (HD) stock tumbled 6% to log the worst performance in the S&P 500 after the home improvement retailer missed forecasts with its third-quarter earnings, noting that a lack of storms during the period weighed on its performance. The company also lowered its full-year

S&P 500 Closes Lower for 4th Straight Session as Tech Stocks Remain Under Pressure; Investors Awaiting Nvidia Earnings Read More »