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Endo International Plc is trying to get more breathing room on its debt as it contests with ongoing opioid and patent litigation and an expected drop in earnings. The drug company said it will issue new debt to refinance its … Source: Claims Journal

Hippo Enterprises will go public through a $5 billion merger with a blank-check firm backed by Silicon Valley heavyweights Reid Hoffman and Mark Pincus, in a sign of rising interest in the fast-growing “insurtech” sector. The deal, announced on Thursday, … Source: Claims Journal

JACKSON, Miss. (AP) — Frustrations are mounting in Mississippi’s largest city, more than two weeks since winter storms and freezing weather ravaged the city’s water system — knocking out water for drinking and making it impossible for many to even … Source: Claims Journal

FRANKFORT, Ky. (AP) — Kentucky’s governor toured parts of his state hard by heavy rains Tuesday and pledged to seek federal assistance after massive flooding inundated several areas. Gov. Andy Beshear said “parts of cities are underwater in eastern Kentucky” … Source: Claims Journal

ATHENS, Greece (AP) — An earthquake with a preliminary magnitude of at least 6.0 struck central Greece Wednesday and was also felt in neighboring Albania and North Macedonia, and as far as Kosovo and Montenegro. One man was injured by … Source: Claims Journal

HOLTVILLE, Calif. (AP) — Barely a mile from where an SUV packed with 25 people struck a tractor-trailer — killing 13 inside — a cemetery with unmarked bricks is a burial ground for migrants who died crossing the border from … Source: Claims Journal

The upcoming anniversary of COVID-19 shutdown orders may reveal whether a significant number of policyholders have been waiting on the sidelines before suing their insurers for business-interruption losses. Holding off on legal action may make sense, as insurers are winning … Source: Claims Journal

Volocopter GmbH raised 200 million euros ($242 million) in additional capital, the latest move in the increasingly competitive race to be the first electric air-taxi firm to start commercial flights. The so-called Series D funding brings in new investors including … Source: Claims Journal

British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for pandemic-linked claims. Hiscox shares plunged 13% … Source: Claims Journal

Employees at General Motors, Toyota Motor, Target Corp, and Macy’s Inc in Texas will keep face masks on at work, the companies said on Tuesday, even as the U.S. state lifted most of its coronavirus curbs allowing businesses to reopen … Source: Claims Journal