Casualty and general insurance company

FILE PHOTO: Drone footage over Bakhmut, Donetsk region shows devastation amid fierce fighting during Russia’s ongoing invasion of Ukraine in this still image obtained from social media video released March 26, 2023. 93rd Mechanized Brigade “Kholodny Yar” via REUTERS KYIV — Ukraine is aiming to exhaust and inflict heavy losses on Russian forces trying to capture the small eastern city of Bakhmut, the commander of Ukrainian ground forces said in a video posted on Tuesday. In a video showing him addressing soldiers in what appeared to be a large industrial warehouse, General Oleksandr Syrskyi said Russia was continuing to focus on the Bakhmut area after months of battle. Moscow sees capturing Bakhmut as vital to its efforts to establish complete control over the Donbas industrial region in eastern Ukraine. “They do not stop trying to surround and capture the city,” Syrskyi said in the video posted on the Telegram messaging app. “As of today, our main task is to wear down the … [Read more...] about Ukraine aims to exhaust Russian troops in Bakhmut–general

Republicans in the House of Representatives, led by Illinois Rep. Mary Miller, are calling for the firing of four Department of Defense (DOD)-affiliated doctors who appeared to advocate for sex-change procedures for children as young as seven years old. Drs. David Klein, Thomas Baxter and Natasha Schvey are all physicians at Travis Air Force Base in California, while Dr. Noelle Larson works at Walter Reed National Military Medical Center in Bethesda, Maryland. The four wrote in an article for the American Journal of Public Health that “ children can begin participating in their medical decision-making as early as age seven years” and that “youths … have an inherent ability and right” to hormones and sex-change operations. The doctors add that providing hormones and sex-change operations for minors can improve force readiness, so military doctors should be trained in the field. “If DOD advocates for the chemical castration of 7 – year – old children to … [Read more...] about EXCLUSIVE: House Republicans Urge Pentagon To Fire Doctors Who Appeared To Promote Sex-Change Operations For Children

A capture of the video of the suspect approaching a victim’s car. (Jeonbuk Provincial Police Agency via The Korea Herald/Asia News Network) SEOUL — A woman in her 30s was apprehended by the police on suspicion of deceiving drivers into believing she was hit as a pregnant woman pedestrian at least 103 times. Jeonju Wansan police are investigating traffic accident fraud cases where a woman was suspected to have received at least 27 million won ($20,700) from drivers and insurance companies by deliberately colliding with passing cars with her wrist or ankle, according to the police on Monday. The fraudulent accidents had been occuring since October 2018 across South Korea including Jeonju in North Jeolla Province, Gwangju and Busan. The police caught the woman’s fraudulent activity while investigating a traffic accident case in Jeonju last October. The police found that the suspect pretended to be pregnant to draw sympathy from the victims and mainly targeted women drivers for … [Read more...] about Woman faking pregnancy caught for $21,000 traffic accident fraud

Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Scholz to express confidence in the country’s largest lender after fears about the global financial system sent fresh shudders through the market. Deutsche Bank shares were down 8.8% in late-afternoon trading on the German stock exchange after falling as much as 14%. That followed a steep rise in the cost to insure bondholders against the bank defaulting on its debts, known as credit default swaps. Rising costs on insuring debt were also a prelude to Swiss lender Credit Suisse’s government-backed rescue by rival UBS. That hastily arranged takeover Sunday aimed to stem the upheaval in the global financial system after the collapse of two U.S. banks and jitters about Credit Suisse’s long-running troubles led its shares to tank and customers to pull out their money. Asked whether Deutsche Bank could be the next Credit Suisse, Scholz said, … [Read more...] about What’s happening at Deutsche Bank? Stock drops amid fears that banking crisis will get worse

Share to Twitter Share to Linkedin North Carolina’s First Citizens Bank doubled its size with the stroke of a pen in the early hours of Monday morning with its landmark FDIC-assisted acquisition of Silicon Valley Bank , and nobody will reap the rewards more than the family that has orchestrated its growth for the last century. Chairman and CEO Frank Holding Jr. and his four sisters Olivia Holding, Hope Bryant, Carson Brice and Claire Bristow collectively own about 20% of First Citizens’ stock and have close to 50% voting power in the company, according to SEC filings, for a cumulative stake worth $2.7 billion thanks to Monday’s 54% stock gain following the deal. The surge erased all of the stock’s year-to-date losses in the regional bank selloff stemming from SVB’s failure and contagion fears. Raleigh-based First Citizens and the Holding family have kept a low profile for decades, but the family-owned bank has been on a mission to expand nationwide via … [Read more...] about SVB’s New Owners, The Billionaire North Carolina Family Behind First Citizens, Are Quietly Building A Banking Empire

Key Takeaways U.S. equities jumped, boosted by bank stocks and by comments from Treasury Secretary Janet Yellen that smaller banks that fail could get a government backstop for uninsured deposits. Moody’s raised the rating on Tesla’s ( TSLA ) debt from junk to investment grade, and that sent shares of the electric carmaker up almost 8%. Utility companies were among the biggest decliners in the S&P 500. Falling gold prices drove down shares of Newmont Corporation ( NEM ) and rival gold miners. U.S. equities jumped, boosted by bank stocks on reports of another industry effort to assist struggling First Republic Bank ( FRC ), and by comments from Treasury Secretary Janet Yellen that if needed, smaller banks that fail could get a government backstop for uninsured deposits. All that came a day before the Federal Reserve is set to announce whether it will continue raising interest rates to fight inflation, or hold off because of the turmoil in the banking sector. … [Read more...] about Bank Optimism and Yellen’s Comments Lift Markets

It’s no surprise that working from home has been popular for many workers, but it hasn’t been a win for every profession across the board. Glassdoor recently surveyed workers to determine how important remote work was to them as a benefit, and how employees across various levels of seniority and various occupations view their experiences working from home. In general, the survey found that the ability to work from home was among the top three benefits for more than two-thirds (68%) of the respondents. Remote work was only a few percentage points behind vacation and paid time off in popularity, which 71% of respondents found important, and health insurance, which was a top-three benefit for 69% of respondents. Working from home—or WFH for short—has particularly been a hit with a few specific professions, according to the Glassdoor survey. Here are the top 10 professions, ranked by how satisfied employees were with working from home: Social Worker Customer … [Read more...] about Tired of the office? These jobs have the happiest remote workers right now