30 12, 2020

Rescuers Race to Find Survivors After Croatia’s Worst Earthquake in 140 Years

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Rescuers raced to search for survivors amid strong aftershocks after Croatia’s worst earthquake in 140 years killed seven people and devastated cities and towns in one of the nation’s poorest regions. The 6.3-magnitude tremor on Tuesday damaged most of the …

30 12, 2020

New York Reaches Deal on Cleanup at Long Island Aerospace Site

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New York has reached an agreement with defense contractor Northrop Grumman and the U.S. Navy on a $406 million plan to clean up a massive plume of underground contamination left from Long Island’s heyday as a hub of aerospace manufacturing, …

30 12, 2020

Acrobats Hurt in Rhode Island Circus Accident Reach $52.5M Settlement

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Eight acrobats severely injured when the rigging suspending them by their hair plummeted to the floor during a circus performance in Rhode Island in 2014 have reached a $52.5 million settlement with the ownership and management of the arena where …

30 12, 2020

Insurance Journal’s Top Cyber Stories of 2020

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Whether it was cyber risks related to the COVID-19 pandemic or ransomware attacks growing more severe and frequent, cyber insurers had a lot to pay attention to this year. As 2020 wraps up and cyber insurers prepare for a new …

30 12, 2020

The Hilb Group Acquires New York’s Hiram Cohen & Son Inc.

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The Hilb Group LLC (THG) has acquired New York-based Hiram Cohen & Son Inc. (HCS). The transaction became effective on December 1, 2020. HCS, founded in 1919, is still operated by descendants of Founder Hiram Cohen, celebrating four generations in …

30 12, 2020

Russia Expedites Work on Nord Stream 2 Gas Pipeline Before U.S. Tightens Sanctions

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Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. Construction of the 1,230-kilometer (764-mile) pipeline reached a milestone on Monday with …

30 12, 2020

European Freight Forwarders Reject UK Deliveries on Fears of Post-Brexit Border Chaos

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European freight forwarders are rejecting contracts to take loads into the UK due to fears the chaos at Dover could be repeated post-Brexit. Transporeon, a German software company that monitors real-time data on freight traffic and rates for more than …

30 12, 2020

Constellation Affiliated Partners Acquires Coastal Insurance Underwriters, Cybercom of Florida

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Constellation Affiliated Partners has acquired Florida-based MGU Coastal Insurance Underwriters and Cybercom. Financial terms of the transaction were not disclosed. Coastal Insurance Underwriters, founded by President and CEO Charles Bushong in 2007, is an insurance program administrator providing products to …

30 12, 2020

Administration Says Railroads Have Met Safety Technology Deadline

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The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress. The Federal Railroad Administration (FRA) has certified that …

30 12, 2020

Judge Throws Out Apple Copyright Claims Against Security Software Startup Corellium

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A federal judge in Florida on Tuesday dismissed Apple Inc.’s copyright infringement claims against a Florida startup whose software helps security researchers find vulnerabilities in Apple products including the iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium …