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Private Jet Linked to Russian Billionaire Impounded as UK Deepens Aviation Sanctions

Britain said on Wednesday it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give authorities the power to detain any Russian aircraft and to ban exports of aviation or space-related goods to Russia. The …

People Moves: WTW Hires MS Amlin’s Singh; Optio Names Hartford’s Robinson as MD; MS Amlin Adds Sirius’ O’Donnell to Property

This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of these new hires follows here. WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt Insurance broker WTW announced it …

Climate Change Is Making Australia a More Difficult Place to Live: Prime Minister

Australia’s Prime Minister Scott Morrison conceded that a changing climate is making the country a more difficult place to live as he declared recent destructive flooding on the east coast a national emergency. Morrison spoke to reporters as he visited …

Texas Oil Pipeline Billionaire Sues Beto O’Rourke For Defamation

A Texas oil pipeline billionaire is suing Beto O’Rourke for defamation after the Democrat criticized his $1 million donation to Republican Gov. Greg Abbott’s campaign following last year’s deadly winter blackout. O’Rourke, who won the Democratic nomination for governor last …

Former Michigan Gov. Snyder Will Take 5th if Called to Testify in Water Trial

Former Michigan Gov. Rick Snyder, who faces misdemeanor charges in the Flint water crisis, wants to avoid testifying in a civil trial involving engineering firms that are being sued over liability for lead-contaminated water. Snyder’s attorneys said he would invoke …

Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator

Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain is banning Russian companies from the multi-billion-dollar aviation and space …

London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates

London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia’s invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry’s Joint War …

Britain Unveils New Aviation Sanctions Against Russia

Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia, saying it had already impounded one plane. The measures to strengthen action against Russian …

Texas Oilfield Company Charged With Workers Safety, Environmental Crimes

A federal grand jury in Midland, Texas, returned an indictment charging an oilfield company and an executive of the company with worker safety and environmental crimes. According to court documents, Aghorn Operating Inc. owns and operates oil wells and leases …

Iowa Tornadoes Deadliest Since 2008; Storm Caused Estimated $1 Billion in Damage

Four of the seven people killed in devastating storms that tore through central Iowa were members of the same family who had sought shelter inside a home that was razed by a powerful tornado, authorities said. Two children, their father …

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