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Q&A: Where Drugmakers Are in the Race for COVID-19 Vaccine

Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we know about the race to deliver …

Digital Lloyd’s Syndicate Ki to Provide Howden with Follow Capacity

Fully-digital Lloyd’s of London syndicate Ki and global insurance broker Howden announced a partnership in which Ki is committing to provide substantial follow capacity for Howden’s clients and business partners over three years. Ki was created in collaboration with Brit …

Johnstone Partners Hires Friedman as an Adjuster in New York

Johnstone Partners has expanded its national risk management and claims adjusting practices with the hire of Andrew Friedman in New York. Friedman joins Johnstone Partners as an adjuster with six years of claims experience. He will bring his expertise to …

New Jersey Construction Worker Dies After Being Trapped Under Large Steel Beam

A construction worker was killed when he got trapped under a large steel beam at a site in northern New Jersey, authorities said. Orlando Rivas, 45, of Newark, was working in East Hanover when he became pinned beneath the beam …

N.Y. Man Charged with Insurance Fraud for Tow Yard Arson Causing $100K in Damages

A New York man has been charged with arson and other crimes after allegedly setting fire to vehicles in a tow yard and filing an insurance claim to collect the cash. Egor Spiridonov, of Broad Channel, Queens, has been charged …

Brown & Brown Acquires Digital Insurance Agency CoverHound and Its CyberPolicy Unit

Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary. Neither side disclosed financial details of the asset transaction. After the deal closes, CoverHound and CyberPolicy will continue to operate independently …

Alabama Settles Terminix Suit Over Trade Practice Violations for $60M

Alabama has reached a $60 million settlement with Terminix International for systematically overcharging customers for termite services and failing to honor service contracts, Attorney General Steve Marshall announced Thursday. The attorney general said the pest control company committed multiple violations …

Chubb Names New Country President for Vietnam’s General Insurance

Global insurer Chubb announced the appointment of Khue Dinh as the new country president for its Vietnam general insurance business. In her new role, Dinh will oversee the operations and business development activities of Chubb’s key business lines in Vietnam …

Pro Sports Bubbles Offer Coronavirus Safety Lessons for Real World

The NBA wants to be back in December. The NHL is aiming at games resuming in January. Baseball’s spring training may begin in February, like normal. They almost certainly won’t be in bubbles if and when any or all of …

Top Investor Group Including Allianz Warns Firms to Cut Ties to Coal

Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment. The Net-Zero Asset Owner Alliance, whose members …

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