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Brexit Trade Negotiations Make Progress but Success Still Isn’t Certain: EU Chief

BRUSSELS – Britain and the European Union have moved closer to sealing a new trade deal but it was still unclear if they would succeed, the bloc’s chief executive said on Wednesday. Britain and the EU are in the final …

Colorado Reports Highest-Selling Year in State for Cannabis

Colorado dispensaries have sold more marijuana in the first 10 months this year compared to a record-setting sales year in 2019, officials said. The Department of Revenue said dispensaries made about $200 million in October, pushing the state’s annual revenue …

M4.4 Earthquake Confirmed at Hawaii Island Volcano Area

The U.S. Geological Survey confirmed an earthquake struck Hawaii’s Big Island on Monday. The magnitude 4.4 quake was centered about 12 miles southeast of Waimea, Hawaii, at a depth of about 16 miles. The earthquake was located on the flank …

Marsh Names Hobson as Affinity Leader, International Division, in Newly Created Role

Insurance broker Marsh announced the appointment of Phil Hobson as affinity leader, International Division. Effective Jan. 1, 2021, Hobson will join the International Executive Committee and report to Flavio Piccolomini, president of Marsh’s International Division. He will relocate from Hong …

UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU

Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe, enabling it to work with EU-based insurance partners and customers, …

Virginia City Plants Trees to Slow Flooding Woes

In Ocean Lakes, 100 more trees will soon be popping up in yards throughout the flood-prone neighborhood in southern Virginia Beach, each gifted at no cost from a local environmental group. And in nearby parks and other green areas, dozens …

Freeman Mathis & Gary Hires Santocki as a Partner in its New York City Office

Freeman Mathis & Gary LLP (FMG), a nationwide litigation law firm with 200 attorneys and 19 offices in 10 states, has hired Alicia Santocki as a partner in the New York City office. Santocki also will practice in firm’s offices …

Tech Firms Form Coalition to Defend Internet Liability Shield Law

A number of internet companies that are not big social media players are organizing to defend the law that shields them from lawsuits. The companies have formed a coalition called Internet Works to protect what they see as the benefits …

Applied Underwriters Forms EU Subsidiary for Specialty Business in Europe, Middle East

Omaha-based insurer Applied Underwriters Inc. announced it has formed Applied Financial Lines Ltd., a new European subsidiary, which will operate from Paris and Cologne. The new company will underwrite several specialty lines, including professional indemnity and directors and officers, in …

Italy’s Banco BPM to Acquire Full Control of Insurance Joint Ventures with Cattolica

MILAN — Italy’s Banco BPM said it would end an insurance partnership with Cattolica by acquiring full control of their joint-ventures, in a move that may ease a mooted tie-up with BPER Banca. Banco BPM said late on Tuesday it …

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