Trump says he's “disappointed” with Putin, but he's “not done with him” as tariff threat looms


President Trump said that he’s disappointed with Russian President Vladimir Putin, but that he’s “not done with him” during an interview on BBC News, a CBS News partner. On Monday, Mr. Trump threatened tariffs targeting Russia if a peace deal with Ukraine isn’t reached within 50 days. CBS News’ Natalie Brand and Ramy Inocencio have […]

Some Senate Republicans concerned about possible spending cuts


As President Trump pushes for Republican senators to meet the Friday deadline for a rescission package that would cut $9.4 billion, some GOP lawmakers are hesitant to approve the bill due to proposed cuts to public broadcasting and foreign aid programs. CBS News’ Taurean Small has the latest from Capitol Hill.

Aon to launch UK-based Captive Management Company as demand anticipated following Chancellor’s speech


Global insurance and reinsurance broker Aon has announced its plans to launch a UK-based Captive Management Company, a move that comes in anticipation of the new regulations that will allow captives to be domiciled in the UK. This news follows the UK Chancellor of the Exchequer, Rachel Reeves, confirming that the UK is set to […]

TWIA could scale back reinsurance following loss funding mandate decrease


A new law in Texas has significantly lowered the loss funding requirements for the Texas Windstorm Insurance Association (TWIA), shifting the standard from coverage for a 1-in-100-year storm event to just a 1-in-50-year event, meaning it may scale back its purchases of reinsurance and other forms of risk transfer. The Texas House Bill 3689 noted, […]