Liberty Mutual to stop insuring thermal coal projects

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Liberty Mutual Group Inc. will no longer accept underwriting risk for companies that derive more than 25% of their profit from the extraction or production of energy from thermal coal.Liberty Mutual announced Dec. 13 that in addition to an enhanced focus on environmental, social and governance issues, it will not make new investments in debt or equity securities of companies generating more than 25% of their revenues from thermal coal mining or utility companies that obtain more than 25% of their electricity production from thermal coal. Existing coverage and investments exceeding the threshold are to be phased out by 2023.“We understand the shift from coal to clean energy is a journey and we recognize the role the insurance industry plays in supporting that evolution for our customers,” said Francis Hyatt, Liberty Mutual’s first chief sustainability officer, whose appointment the company also announced Dec. 13.Environmental activists are leading campaigns to push the insurance and investment industry away from the coal sector. In a recent report showing the number of insurers pledging to abandon the coal sector doubled in 2019, members of the Unfriend Coal campaign said U.S. insurers were slower to adopt exclusionary coal policies than their European peers.Boston-based Liberty Mutual is among the world’s largest insurers of fossil fuel companies, according to the Insure Our Future Campaign, a movement backed by environmental activists including 350.org, Greenpeace, Rainforest Action Network and the Sierra Club. Campaigners focused on insurance companies in the U.S. specifically targeted Liberty Mutual.Liberty Mutual is the 18th global insurance company to adopt restrictive coal policies, the release added.[Taylor Kuykendall]More ($): Liberty Mutual rolls out new coal exclusions; existing ties to phase out by 2023 Liberty Mutual to stop insuring thermal coal projectslast_img read more

A Mind of Winter

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Mind of WinterBy Shira NaymanFrom Shanghai to England to Long Island, the lives of three characters, all restless and tortured in their own way, are intricately meshed together and their souls laid bare in A Mind of Winter by Shira Nayman. The book begins with a brief introduction from Oscar, who tells the reader he is accused of war crimes. We don’t know why or by whom or when this happened or if he’s guilty—and we won’t know until the last pages of the book—but this compelling introduction pulls the reader into this haunting tale immediately. Oscar, a mysterious Gatsby-like Englishman lives in a North Shore mansion and hosts glamorous parties every weekend, but little else is known about him. Christine is an opium addict who hits rock bottom and ends up on the fringes of society in Shanghai. Marilyn, a photographer who spent the 1940s in England, moves into Oscar’s mansion to work on a book of wartime photography, sorting through her inner demons by carrying on an extramarital affair and developing haunting photos. Divided into three parts, the narratives of these characters weave three seemingly separate stories into one complex whole, each one filling in the others’ blanks. The stories, bouncing from past to present and back to past again, intertwine seamlessly. Maybe it’s because Brooklyn author Shira Nayman has a background in clinical psychology or maybe it’s because she grew up in Australia in a community of Holocaust survivors, but this novel touches upon the innermost depths of its character’s souls, those dark and shadowy corners that many writers stop just before reaching. Resounding with the beauty and elegance of a Victorian novel, this page-turner touches on everything from the horrors of war to prostitution and addiction. This is a book that will make you think deeply. It may even make you uncomfortable at times. While some may be turned off by some violent scenes, they serve a purpose. They aren’t merely put there for shock value but lead the reader to a deeper understanding of the character experiencing them. These characters, and the darkest moments of their lives, are crafted with such tender care it seems Nayman has been molding them for decades. There is a lot of darkness in these pages, but there is also light. By the last page of the novel, you realize that one can’t exist without the other, and together they make a beautiful shade of gray…or winter.[colored_box color=”blue”]Click to purchase A  Mind of Winter[/colored_box]last_img read more

567K payment cards possibly exposed in restaurant data breach

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Information from about 567,000 payment cards may have been exposed in a data breach at the Cheddar’s Scratch Kitchen restaurant chain between Nov. 3, 2017, and Jan. 2. As more data breaches occur, NAFCU – a leading advocate for national data security standards – continues its push for the adoption of data and cybersecurity standards for all entities that hold consumers’ information.Cheddar’s is owned by Darden Restaurants Inc., which said affected restaurants span 23 states, including Alabama, Arizona, Arkansas, Delaware, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia and Wisconsin. The system has since been disabled and replaced.NAFCU has been active with lawmakers since the massive 2013 Target data breach stressing the need for a legislative solution to reform the nation’s data security system. The association has also shared with Congress principles credit unions would like to see addressed in any comprehensive cyber and data security legislation. continue reading »last_img read more

NegOcc permanently bans pork imports from Luzon

first_imgDuring the activity, Lacson led thesigning of the pledge of support to ASF-free Negros Occidental. Some officialsdonned shirts printed with words, “Let’s eat Negros pork”. In his message, Lacson hinted at apossible legal battle the province could face as some groups have expressedintention to legally question the ordinance. To promote its African swine fever-free pork industry, the provincial government of Negros Occidental holds a lechon eating on Nov. 26 at the Provincial Capitol’s Social Hall. Gov. Eugenio Jose Lacson and Vice Governor Jeffrey Ferrer officially signed Provincial Ordinance 2019-024, otherwise known as The ASF Prevention Ordinance. NEGROS OCCIDENTAL PIO Decena said there might be those whowill “test” the ordinance, but the province is “ready to face them.” Negros Occidental is the number onebackyard hog raiser in the country, and figures showed that the province’scurrent annual production for both backyard and commercial swine is 510,000heads. (With a report from PNA/PN) “This is very crucial, passing thisordinance. We all know that we have to save our hog industry. Through this, wehave strengthened our drive against ASF,” the governor said in his messageduring the program held at Capitol Social Hall. Lacson also declared Negros Occidentalas ASF-free province by virtue of Provincial Board Resolution 1042. Before the ordinance was passed, Lacson,who chairs the Provincial ASF Task Force, issued Executive Order 19-40temporarily banning pork products coming from Luzon for a period of 90 days,beginning Sept. 18. “When in doubt, inspectors can ship backthe pork products, including those mixed in other shipments like chicken andbeef. Across territorial and political boundaries, we will pursue theinspection and confiscation,” Decena said. The launching activity was also attendedby officers and members of Alliance of Hog Raisers Association of NegrosOccidental, personnel of concerned government agencies, and representativesfrom feed manufacturers, among others.center_img Part of the salient features is thecontinuation of the inspection and confiscation of pork products fromASF-affected areas that will be intercepted in ports, including those inBacolod City. BACOLOD City – The province of Negros Occidental has imposed apermanent ban of pork and related products from Luzon and countriesaffected by African swine fever (ASF). Several heads of lechon (roasted pig)and pork-based products such as ham and tocino were prepared to showcase NegrosOccidental as ASF-free. “There’s a possibility of legal battle.Whatever it takes, we will challenge any effort from those who will violate theordinance,” the governor said. On Tuesday afternoon, Gov. Eugenio JoseLacson and Vice governor Jeffrey Ferrer signed Provincial Ordinance 2019-024,otherwise known as ”The ASF Prevention Ordinance of Negros Occidental” to keepthe province free from the virus. Penalties range from P1,000 to P5,000,and one-year imprisonment, depending on the gravity of the offense. Dr. Renante Decena, provincialveterinarian and task force co-chair, said the ordinance is scheduled forpublication on Wednesday, after which its provisions will be enforced startingDecember 6. The ban covers live pigs, pork, porkproducts, and by-products from Luzon whether fresh, processed or canned whichcan carry the ASF virus.last_img read more

Beharry reconfirms commitment for NSBF 2017

first_imgYOUTH Basketball Guyana (YBG) will benefit from its ninth year of corporate sponsorship from Edward B. Beharry and Company Limited in hosting its 12th National Schools Basketball Festival (NSBF) Championships.Set to commence this month-end it is the most sought-after schools basketball title. Several schools from most of the regions of Guyana will participate in various age caategories.Beharry has again signed on, according to Brands Manager Kamini Naresh, who added, “We are the longest running sponsor and we are proud of that.”“This is yet another way that we are happy to give back, she added, saying, “We like to see a better tomorrow. There is no better way than to invest in children; the children of today will be the future of tomorrow.”“It’s one thing to sign a cheque and release that fund and another thing to be down on the floor doing the actual work and we are so proud of the work that you are doing,” she concluded.YBG Director Chris Bowman lauded the continued support from the company.“Beharry has been unwavering in their support for youth development, for this championship and even if we waver at our level, because of them and their commitment, that gives us the impetus to carry on,” he added.The tournament will officially be launched tomorrow at the Cliff Anderson Sports Hall (CASH)The 2016 edition of the tournament featured games at the Under-14, U-16, U-19 and Girls in six regional zone tournaments.At the Under-14 & U-16 levels Mackenzie are the defending championships while the Under-19 and Girls divisions feature Kwakwani as champions. (Stephan Sookram)last_img read more