When an insurance company’s financial distress forces it out of business in the U.S., the company does not file for bankruptcy. A state court usually issues the insurance company an order of insolvency and liquidation, according to the National Organization of Life & Health Insurance Guaranty …
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ToplineBrown University became the second high-profile university to turn down the Trump administration’s “Compact For Academic Excellence in Higher Education” — a deal that offers special funding advantages for schools that make policy changes aligned with President Donald Trump’s education agenda. Brown declined the compact Wednesday afternoon.Moment Editorial/Getty ImagesKey FactsBrown University president Christina H. Paxson…
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After a mixed market performance on Tuesday, when major indices slipped at the close despite intraday gains, Wednesday opened on a bullish note. The S&P 500 rose 0.4%, driven by robust earnings releases and amid geopolitical tensions.The NASDAQ composite was up 0.6%, crediting, once again, to …
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