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Financial Services Lobbyist Pawlenty Steps Down

Former Minnesota Governor Tim Pawlenty said Tuesday he’s resigning his lucrative position as the head of the Washington-based Financial Services Roundtable as he contemplates running for his old job. Pawlenty, 57, has frequently been mentioned as a possible Republican candidate …

Nearly 75% of Organizations in 5 Countries Fail in Cyber Security Readiness: Hiscox

Major shortcomings exist in cyber security readiness for nearly three-quarters (73%) of more than 4,100 organizations in five countries, despite keen awareness of the threat, according to a study commissioned by specialist insurer Hiscox. Indeed, almost half, or 45 percent, …

Magnitude-6.0 Quake Hits Taiwan; at Least 6 People Killed, More Than 200 Injured

Hundreds of rescuers are searching for people still missing after a magnitude-6.0 earthquake struck the east coast of Taiwan late Tuesday, killing at least six people and injuring more than 200 others. The Central Emergency Operation Center said 76 people …

UK Businesses Issue ‘Urgent Appeal’ for More Clarity on Brexit Blueprint

UK Plc issued an “urgent appeal” to Prime Minister Theresa May to get off the fence on Brexit or risk serious damage to business. The British Chambers of Commerce warned in an open letter that there is “no room for …

Arthur J. Gallagher Acquires South Dakota’s Williams Insurance Agency

Arthur J. Gallagher & Co. has acquired Sioux Falls, South Dakota-based Williams Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1967, Williams Insurance Agency offers a full range of property/casualty, life, health and voluntary benefits coverages …

New Orleans’ Infrastructure Is Crumbling; Will Trump Plan Help?

When a heavy rain hits New Orleans, residents move their cars to higher ground for fear of fast-rising street flooding. Knee-deep potholes can eat a car’s fender. When pressure drops in the city’s aging water delivery system, restaurants and cafes …

Police Cars Sledgehammered in Dallas Substation Parking Lot

A man walked into a downtown Dallas police substation parking lot with a sledgehammer, broke windows and windshields, and caused thousands of dollars in damage to a dozen police cars, police officials said. Gregory Simpson, 58, of Dallas, was arrested …

Wholesale Broker, Method, Adds Singh, Talcott in Nebraska

Omaha, Nebraska-based wholesale insurance broker and specialty workers’ comp program administrator Method has added two new associates to continue strengthening its talent pool. Natasha Singh has more than 15 years of insurance experience. Most recently she worked at New Mexico …

U.S. May Move to Regulate Virtual Currencies

U.S. regulators may ask Congress to pass legislation to improve oversight of virtual currencies like bitcoin amid concerns about the risks posed by the emerging asset class, the head of the Securities and Exchange Commission said on Tuesday. The comments …

Alabama Sues OxyContin Maker Purdue Pharma Over Opioid Epidemic

Alabama on Tuesday became the latest state to file a lawsuit accusing OxyContin maker Purdue Pharma LP of fueling the opioid epidemic by deceptively marketing prescription painkillers to generate billions of dollars in sales. Alabama Attorney General Steve Marshall alleged …

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