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Shutdown Delays Disaster Relief for Some North Carolina Farmers

The federal government shutdown is delaying disaster relief for some North Carolina farmers. The Fayetteville Observer reported last week the shutdown has mostly closed the federal Farm Service Agency responsible for a document required in farmer applications for state disaster …

Oklahoma’s Mulready Asks Insurers to Assist Shutdown-Affected Policyholders

Oklahoma’s new insurance commissioner is encouraging insurance companies in his state to work with and assist policyholders affected by the partial federal government shutdown. In a bulletin to all insurance companies in Oklahoma, Commissioner Glen Mulready requested that carriers work …

North Dakota Bill Exempts Intoxicated Bike, Horse Riders from DUI Laws

North Dakota’s House has endorsed legislation that exempts riders of horses and bicycles from drunken driving laws. The House voted 91-1 Wednesday to allow intoxicated people who either pedal or saddle up to ride without fear of criminal prosecution. The …

Salmonella Concerns Prompt Recall of Some General Mills Flour

General Mills is voluntarily recalling some bags of its Gold Medal Unbleached Flour because of salmonella concerns. The 5-pound (2.26 kilograms) bags have a “better if used by” date of April 20, 2020 and the UPC code 000-16000-19610-0. Customers should …

PG&E Cleared of Liability in Major 2017 Fire; Bankruptcy Still Likely

California fire investigators on Thursday concluded that a major 2017 wildfire was caused by privately owned electrical equipment, prompting the state’s new governor to estimate that PG&E Corp’s potential wildfire liabilities could be almost cut in half. Investors in the …

Workers’ Compensation Insurtech Pie Insurance Enters 5 Additional States

Online seller Pie Insurance has started offering its workers compensation insurance in five more states, bringing the total to 14. The Washington, D.C.-based managing general agent disclosed it has begun marketing its policies to small businesses in New York, Michigan, …

France’s Ban on Glyphosate Expected to Curb 80% of Use by 2021

France expects to have cut the use of weedkiller glyphosate by 80 percent by early 2021, its agriculture minister said on Friday, less than previously anticipated due to the number of farmers who will qualify for an exemption. In November …

New Jersey’s Jimcor Agency Adds Three Sales Team Members

Jimcor Agency Inc., a Montvale, N.J.-based independent managing general agent and insurance wholesaler, has hired Michael Hogan, Kyle Lacertosa and Victoria Stern. These three new sales team members serve as brokerage specialists writing both brokerage and binding business. Hogan is …

Bank Issues China’s First Perpetual Bond as Investment Restrictions on Insurers Eased

China’s fourth-largest lender on Friday issued the first-ever perpetual bonds by a Chinese bank, with yields at the low end of market expectations after new policies to support their issuance boosted market interest. The bond issue by Bank of China …

Why Many Americans Will Never Be Able to Retire: Viewpoint

Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time to relax, spend …

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