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US insurers boost stakes in COVID-19 vaccine makers in 2020

Blog Corporate America Not Likely To Unwind COVID-19 Debt Buildup Despite Credit Hits Blog Blog 6 Apr, 2021 Author Jason WolebenKris Elaine Figuracion As a number of pharmaceutical companies rushed to create COVID-19 vaccines in 2020, U.S. insurers added to their equity investments in those companies. Johnson & Johnson is the latest drugmaker to receive an emergency use authorization for a COVID-19 vaccine in the U.S., as the Food and Drug Administration signed off on its shot in February. The FDA had already greenlighted vaccines made by Moderna Inc. and Pfizer Inc. in December 2020. AstraZeneca PLC s shot has received approval for emergency use in the U.K., European Union and India.

Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors

Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors After the big freeze in Texas comes the big thaw and the big demand for workers to repair the broken pipes and sagging roofs the retreating ice and snow will reveal. It could take months for contractors to fix the damage the massive storm inflicted on Texas, said Greg Sizemore, a vice president of the Associated Builders and Contractors. The magnitude of the problem could be much larger than Hurricane Harvey, which was confined mostly to the Gulf Coast. Other states are also in need of contractors, and the industry has been facing a shortage of construction workers because of Covid-19 health and supply issues, Sizemore said.

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