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US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
By Ted Hesson WASHINGTON, July 2 (Reuters) - A federal judge on Wednesday blocked President Donald Trump's asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority when he issued a proclamation declaring illegal immigration an emergency and setting aside existing legal proces...Reuters
Wed, Jul 2
Sama promoted to head of QBE Re North America
By Michael LoneyJuly 2 - (The Insurer) - Salvatore Sama has been appointed head of QBE Re North America.New York-based Sama, who announced his new role on LinkedIn, has been with QBE Re since April 2021.He most recently served as global head of casualty for a year and a half, after previously holdin...Reuters
Wed, Jul 2
Exclusive: Gallagher Re NA hiring spree continues with Apostolides from Lockton Re
By James ThalerJuly 2 - (The Insurer) - Gallagher Re has recruited senior casualty broker Emily Apostolides from Lockton Re, sources told The Insurer, continuing a run of hires in the last week that includes Mark Braithwaite from Lockton Re and Joe Jackson from Aon.Apostolides had been with Lockton ...Reuters
Wed, Jul 2
US government withholding over $6 billion in school funding, research group says
White House OMB says there is an ongoing reviewLearning Policy Institute says amount being withheld is over $6 billionTrump administration has threatened to withhold funding over a range of issuesBy Kanishka Singh WASHINGTON, July 2 (Reuters) - President Donald Trump's administration is withh...Reuters
Wed, Jul 2
Sean 'Diddy' Combs loses bid for release on bail ahead of sentencing
NEW YORK, July 2 (Reuters) - A U.S. judge on Wednesday denied Sean "Diddy" Combs' bid to be released from jail ahead of his sentencing, after the music mogul was convicted on prostitution-related offenses but cleared of more serious charges of racketeering conspiracy and sex trafficking.Reuters
Wed, Jul 2
The Hartford's Navigators promotes St. Denis to head of wholesale P&C
By Mia MacGregorJuly 2 - (The Insurer) - Navigators, a brand of The Hartford, has appointed Lynanne St. Denis as head of wholesale property and casualty.St. Denis has been with Navigators since 2009 and joined The Hartford following its acquisition of Navigators in 2019. Most recently, she served as...Reuters
Wed, Jul 2
NASA Awards Contract to Maclean Engineering for Simulation and Software Services
July 2 (Reuters) - NASA: AWARDED CONTRACT TO MACLEAN ENGINEERING & APPLIED TECHNOLOGIES TO PROVIDE SIMULATION & ADVANCED SOFTWARE SERVICES TO AGENCYNASA: CONTRACT INCLUDES SERVICES FROM OCT. 1, THROUGH SEPT. 30, 2030, WITH A MAXIMUM POTENTIAL VALUE NOT TO EXCEED $150 MILLIONReuters
Wed, Jul 2
DB Insurance confirms Fortegra negotiations ongoing following due diligence
By David BullJuly 2 - (The Insurer) - Korea’s DB Insurance has confirmed reports in the country that it is in negotiations to buy Fortegra but said no decision has been made on price or whether to proceed with an acquisition, despite due diligence having been completed.The Korea Economic Daily repor...Reuters
Wed, Jul 2
US Fed bank supervision chief takes buyout, email says
WASHINGTON, July 2 (Reuters) - Michael Gibson, director of the U.S. Federal Reserve's supervision and regulation division, has accepted a voluntary buyout and will retire at the end of this month after 33 years at the central bank, according to an email from Gibson to Fed officials seen by Reute...Reuters
Wed, Jul 2
Chubb names Williams private equity industry practice leader
By Michael LoneyJuly 2 - (The Insurer) - Chubb has appointed Scott Williams as private equity industry practice leader, effective immediately.Williams will continue to serve as the private/not-for-profit management liability practice leader and will report to Michael Mollica, vice president, Chubb G...Reuters
Wed, Jul 2
Triple-I names Schmid chief insurance officer as Porfilio departs
By Michael LoneyJuly 2 - (The Insurer) - The Insurance Information Institute (Triple-I), an affiliate of The Institutes, has appointed Patrick Schmid as chief insurance officer, effective July 11, 2025.In addition, Schmid will lead the organization’s Catastrophe Resiliency Council and the Insurance ...Reuters
Wed, Jul 2
EU presses China on rare earths and Ukraine war
BRUSSELS, July 2 (Reuters) - The European Union's top diplomat urged China's foreign minister on Wednesday to end restrictions on rare earths exports and warned that Chinese firms' support for Russia's war in Ukraine posed a serious threat to European security, the EU said.The statem...Reuters
Wed, Jul 2
Arch adds Axis’ Gonzales as Canada cyber and professional liability lead
By Michael LoneyJuly 2 - (The Insurer) - Arch Insurance Canada has hired Christopher Gonzales as vice president, cyber and professional liability lead.Gonzales joins after two and a half years as assistant vice president of cyber underwriting at Axis in Toronto.He has also worked at Ostiguy & Ge...Reuters
Wed, Jul 2
