PARADISE, Calif. The Latest on a Northern California wildfire (all times local): 5:30 p.m. State regulators are taking over an insurance company that cant pay out all expected claims after a massive Northern California wildfire. Insurance Commissioner Dave Jones said Friday that destruction from the fire has pushed Merced Property & Casualty Company to insolvency.…
DetailsSerious concerns are also being raised about potential health risks for firefighters at the Tottenham incident after they were inadvertently exposed to a stockpile of dangerous chemicals that had been stashed in the warehouse in the weeks before the fire. I dont think its a long bow to say some of our people will get…
DetailsThe resignation of Elliott, right, raises questions about PFA governanceIsabel Infantes/PA Paul Elliott has resigned as a trustee of the Professional Footballers Association (PFA) Charity in a sudden move that raises further questions over the governance of the crisis-ridden union. The former Chelsea defender terminated his involvement in the charity yesterday evening as a result…
DetailsBayer AG (BAYRY – Free Report) announced a restructuring plan to streamline business and improve efficiency. The company plans to exit its Animal Health business, and management is currently assessing various options for this business. The decision to exit this business comes as part of the companys plan to focus on its core businesses of…
DetailsSACRAMENTO, Calif. (AP) California regulators moved Friday to take over an insurance company that cant pay out all claims following a massive wildfire that destroyed more than 13,000 homes. Merced Property & Casualty Company was pushed to insolvency by the fire that sparked Nov. 8 and nearly destroyed Paradise and surrounding towns, state Insurance Commissioner…
DetailsSerious concerns are also being raised about potential health risks for firefighters at the Tottenham incident after they were inadvertently exposed to a stockpile of dangerous chemicals that had been stashed in the warehouse in the weeks before the fire. I dont think its a long bow to say some of our people will get…
DetailsThis is to inform that the Application was filed under Section 12(2) of the IBC seeking extension of CIRP period for further 90 days as unanimously decided in the 6th meeting of the Committee of Creditors held on 19/11/2018. The Jaipur Bench after hearing allowed the application and extended the period of 180 days by…
DetailsBayer plans to shut down its Wuppertal, Germany, manufacturing site and concentrate production of hemophilia products in Berkeley, CA, under a restructuring that includes the elimination of 12,000 jobs worldwide.(PRNewsFoto/Bayer HealthCare) Bayer said today it will eliminate about 12,000 jobs worldwide by the end of 2021approximately 10% of its total workforcein a restructuring designed to…
DetailsIn South Florida this weekend on a book tour with author James Patterson, former President Bill Clinton will take a brief detour to Miami Beach to help Donna Shalala recoup all that money she lent her winning congressional campaign. Clinton is slated to appear during a small, intimate gathering with Shalala on Saturday at the…
DetailsKOLKATA | MUMBAI: The National Company Law Tribunals Kolkata bench has admitted the insolvency plea against power transmission company EMC, which has defaulted on payments to the tune of Rs 6,500 crore to banks and other creditors, two people familiar with the matter said. NCLT took action following a petition filed by operational creditors to…
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