Air-Taxi Startup Volocopter Boosts Funds in Race to Get Flying March 4, 2021 By Christopher Jasper Volocopter GmbH raised 200 million euros ($242 million) in additional capital, the latest move in the increasingly competitive race to...
Insurer Hiscox Counts Cost of Virus Claims, ‘Brand Damage’ After Court Case March 3, 2021 By Muvija M British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19...
Staff at Some Major U.S. Firms to Keep Masks on in Texas Even as State Lifts Mandate March 3, 2021 Employees at General Motors, Toyota Motor, Target Corp, and Macy’s Inc in Texas will keep face masks on at work,...
Goodbye Gas: Volvo to Make Only Electric Vehicles by 2030 March 3, 2021 By Matt Ott Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it...
Kentucky Senate Backs COVID Liability Shield for Businesses March 3, 2021 By Bruce Schreiner FRANKFORT, Ky. (AP) — Legislation that would provide broad protections to shield Kentucky businesses from coronavirus-related lawsuits won approval from...
Boy Scouts Submit Reorganization Plan to Bankruptcy Court March 3, 2021 By Randall Chase DOVER, Del. (AP) — The Boy Scouts of America submitted a bankruptcy reorganization plan Monday that envisions continued operations of...
High Winds Leave Tens Out Thousands Without Power March 3, 2021 NEW YORK (AP) — More than 130,000 homes and businesses were without power across New England and New York on...
Claims Business: Aon and Praedicat, Sedgwick and CSC, Swiss Re and Iceye March 3, 2021 Aon Teams Up With Praedicat for Emerging Risks Aon is collaborating with Praedicat to develop specialty product liability reinsurance products...
Claims People: Crawford, Glatfelter, Berkshire Hathaway and Plymouth Rock March 3, 2021 Crawford Appoints Loss Adjusting VP Crawford & Co. announced that Robert Pageau is returning to the company with an appointment...
Boeing Weighs In on Potential Safety Risk With New Airbus Jet March 2, 2021 By Siddharth Philip and Charlotte Ryan Boeing Co. called out potential fire-safety issues with the fuel-tank design on Airbus SE’s coming 321XLR, a jet that’s crucial...