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Drugmaker Sanofi Ordered to Compensate French Family for Epilepsy Drug Side Effects

PARIS – A French court has ordered Sanofi to pay more than 400,000 euros ($416,440) in damages to a family whose child suffered from a form of autism caused by its epilepsy drug Valproate, saying the drugmaker failed to inform …

Climate Change Exacerbated Deadly Floods in South Africa: Study

South Africa’s deadliest floods in almost three decades was exacerbated by climate change and similarly heavy rainfall can be expected to occur more regularly, according to scientists collaborating under the World Weather Attribution initiative. Rainfall in the southeastern KwaZulu-Natal province …

EU Agrees to Tougher Cyber-Security Rules for Key Sectors, Including Financial Services

EU countries and lawmakers agreed on Friday to tougher cyber-security rules for large energy, transport and financial firms, digital providers and medical device makers amid concerns about cyber attacks by state actors and other malicious players. The European Commission two …

Russia’s Aeroflot Buys 8 Stranded Airbus A330 Aircraft From Leasing Firms

Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfillment of contractual obligations.” More than 400 aircraft leased from Western firms, worth almost $10 billion, have been …

How Climate Change Is Fueling More Intense Global Wildfires

Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change — and all parts of the world fall under threat. It’s only expected to get worse, with drought and heat waves …

U.S. FAA Finds Boeing 787 Certification Documents Incomplete: Sources

U.S. air-safety regulators have told Boeing Co. the documentation it submitted to win approval to resume 787 deliveries to airlines after a year is incomplete, two people familiar with the matter said. The U.S. Federal Aviation Administration (FAA) identified a …

FedNat to Cancel 56,000 Policies Under Restructuring Plan; Monarch Finds Investor

Starting today, May 16, Florida insurance agents and 68,000 policyholders will have 45 days to find new homeowners and dwelling coverage, under a financial restructuring plan submitted by FedNat Insurance and its sister companies. But unlike an insolvency, FedNat Insurance …

Agency Promotes Shulz to Expand Tennessee as Captive Domicile

The Tennessee Department of Commerce & Insurance has named Michael Shulz to be director of business development for the insurance division, promoting the growth of Tennessee-based captive insurance companies. Tennessee already ranks 10th in the world for the number of …

Delaware Cannabis Fate Uncertain as Bill Goes to Governor

Delaware’s state Senate on Thursday gave final approval to a bill legalizing possession of up to one ounce of marijuana by adults for recreational use. The legislation cleared the Democrat-led Senate on a 13-7 party line vote. Sen. Bruce Ennis …

Woodruff Sawyer in California Adds Holloway; LP Names Marsh HR Director

Woodruff Sawyer named Andrew Holloway as a vice president, surety. Holloway was previously regional manager at Hartford Bond for 17 years, working in both Southern and Northern California. He will be based in Woodruff Sawyer’s Walnut Creek, California, offices. Woodruff …

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