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Russia Says ‘We’re Confident,’ Will Share Legal Risks of COVID-19 Vaccine

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MOSCOW/BRASILIA — Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling … Source: Claims Journal

At Least 10 Dead in Residential Building Collapse in India

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NEW DELHI — A residential building that was due for repairs collapsed in central India early Monday, killing at least 10 people and trapping many others, officials said. Around 20-25 people are feared to be trapped under the rubble of … Source: Claims Journal

Liability Claims Against Nurses Cost $20K Even When Insurer Wins

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Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released Monday by CNA … Source: Claims Journal

Claims Business: Davies, Verisk, Insurity and CIRMA

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Davies Acquires TriPlus Davies, an International professional services and technology business based in London, as acquired Boston-based TriPlus Service Inc. TriPlus provides its long term care carrier clients with claims and policy administration management solutions as well as actuarial and … Source: Claims Journal

U.S. Charges Seven In Wide-Ranging Chinese Hacking Effort

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WASHINGTON — The U.S. Justice Department said on Wednesday it has charged five Chinese residents and two Malaysian businessmen in a wide-ranging hacking effort that encompassed targets from videogames to pro-democracy activists. Federal prosecutors said the Chinese nationals had been … Source: Claims Journal

AIR Worldwide and KCC Project Hurricane Sally Insured Losses From $1 to $3 Billion

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Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Sally’s winds, storm surge, and inland flood will range from $1 billion to $3 billion, with wind representing the majority of the losses. … Source: Claims Journal

Air Taxi Firm Volocopter Teams Up With Schenker to Deploy Heavy-Lift Drones

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BERLIN — German aviation startup Volocopter has teamed up with logistics group DB Schenker to deploy its heavy-lift drones, in a project that will gather vital practical flying experience before its air taxis enter service. Volocopter is one of a … Source: Claims Journal

Desert Communities Told to Evacuate as Winds Stoke Flames

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JUNIPER HILLS, Calif. — Strong winds stoked a wildfire burning for nearly two weeks in mountains northeast of Los Angeles, prompting authorities to issue new evacuation orders for desert communities that lost some homes a day earlier. Meanwhile, officials were … Source: Claims Journal

Massive Damage of Rare Plants Probed at Nevada Mine Site

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RENO, Nev. — State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that’s being considered for federal protection at a contentious mine site in Nevada with some of the largest untapped … Source: Claims Journal

Maine Blueberry Industry Reels From Drought, Frost, Virus

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PORTLAND, Maine — A late spring frost, a devastating drought and labor troubles wrought by the coronavirus pandemic conspired to make 2020 a difficult year for the wild blueberry producers who harvest the fruit in the nation’s northeastern corner. America’s … Source: Claims Journal