Selective Insurance Shares Slip 2.26% in Premarket Amid Loews’ Strong Earnings and Industry Concerns

Trenton, N.J. — Selective Insurance Group, Inc. saw its shares drop by 2.26% in early trading today, reflecting a cautious market reaction following the latest earnings results from Loews Corporation. Loews reported a net income of $391 million for the second quarter, a modest increase from $369 million during the same period last year. The earnings report from Loews highlighted a significant factor affecting investor attitudes: a charge related to mass tort reserves from CNA Financial Corporation. This announcement likely contributed to a ripple effect within the insurance sector, influencing market sentiment regarding companies such … Read more

Taliban Virtue Minister Asserts Islamic Law Applies to All, Including Leadership Amid Criticism of Selective Enforcement

KABUL, Afghanistan — In a solemn assembly in Kabul where cameras were not allowed, Mohammad Khalid Hanafi, the Taliban’s minister of vice and virtue, made a bold assertion about equality and accountability under Islamic law. Hanafi, emphasizing the importance of adherence to stricter Islamic laws, conveyed that no exceptions would be made for Taliban officials compared to ordinary citizens. This decree, according to Hanafi in an audio message released by the Taliban-run media RTA, underscores a fundamental Islamic principle that leaders should not be above the law which they enforce upon others. This narrative emerged … Read more

Judge Dismisses Charges Against Accused White Supremacist Group, Citing Selective Prosecution and Free Speech Concerns

SANTA ANA, Calif. — A federal judge in Orange County, California, has dismissed criminal charges for the second time against members of a white supremacist group suspected of inciting violence at political rallies. U.S. District Judge Cormac J. Carney ruled on Wednesday to dismiss charges against Robert Rundo and Robert Boman, who were accused of conspiracy to violate the Anti-Riot Act and rioting. Rundo is believed to be a founding member of Rise Above Movement (RAM), a self-proclaimed white supremacist group. The group has been described as a “combat-ready, militant group of a new nationalist … Read more