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University of California Reaches $73M Sex Abuse Settlement

The prestigious University of California system has reached a proposed $73 million settlement with seven women who accused a former gynecologist of sexual abuse. As part of the class-action lawsuit, more than 6,600 patients of Dr. James Heaps could receive …

Bindley Capital, ForeSight Medical Ex-CEO Acquire Workers’ Comp Dental Provider

Bindley Capital Partners and Brian Bell, the founder and former chief executive officer of ForeSight Medical, have acquired a specialty dental firm serving workers’ compensation patients. Based in Tampa, DentalWorks USA manages the care of dental and complex maxillofacial injuries …

Generali Aims to Become Top Player in Asset Management

Italy’s top insurer Generali on Wednesday said it is aiming to become a top player in asset management after confirming its 2021 financial targets despite the pandemic. At an investor day on Wednesday, the insurer said asset management allowed it …

Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies

Monitoring Covid-19 vaccines for safety issues will fall to a group of U.S. health agencies that also will have a hand in their rollout, a potential hurdle in persuading skeptics to get the shots, say former government officials who helped …

Three Arrested for Dresden Museum Theft – But Jewelry Is Still Missing

BERLIN – More than 1,500 police carried out a series of searches in Berlin and arrested three people in a massive operation connected to the spectacular theft of 18th-century jewels from a unique collection in Dresden last November, authorities said …

Nantucket Rattled by House Explosion That Injured Two

A house exploded on Nantucket, Mass., Thursday, sending two people to the hospital, damaging nearby homes and creating a boom heard miles away. The Nantucket Fire Department reports it is the second time in as many weeks that similar blazes …

24 Vehicles Damaged in Vermont Condo Complex Carport Fire

Two dozen vehicles were damaged in what authorities are calling a suspicious fire at a condo complex in Essex. Essex police say the carport on Densmore Drive was engulfed in flames early Saturday morning. Firefighters were able to put out …

Connecticut’s Summit Financial Group Joins Satellite Agency Network Group

Satellite Agency Network (SAN) Group Inc., a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, has announced that Summit Financial Group Inc. of Milford, Conn., has become a member of the network. Established in 1985 by Kenneth Ponelli, …

S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade

The U.S. insurance industry has achieved only modest gains in increasing diversity over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the percentage of Black or African-American employees in the insurance …

FAA Safety Agency Clears Boeing 737 MAX to Fly Again

After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co. won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters. The FAA detailed …

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