Vermont Governor Phil Scott has signed new legislation that aims to strengthen Vermont’s captive insurance laws, increase efficiencies and add flexibility to regulatory policy and procedures. “COVID-19 has dramatically changed the way we all work, live and play, however it …
A fatal construction accident in Green Bay, Wisconsin is being investigated by federal regulators. The Green Bay Press-Gazette reports a 52-year-old man was killed Friday morning on the city’s northeast side. Police would not identify the property where the incident …
Four people were injured, at least three critically, when an ambulance crashed into a toll booth on an Oklahoma turnpike early Friday, Oklahoma Highway Patrol spokesperson Sarah Stewart said. The Jackson County Emergency Medical Services ambulance traveling from the Altus …
Crest Insurance Group of Tucson, Ariz., has added Eddie Hjort as director of Fleet Management, effective June 2020. Hjort’s background includes 26 years of final mile driver/management/safety experience. He spent 26 years with Airborne Express/DHL system and managed territories consisting …
Moody’s Investors Service has assigned an A3 insurance financial strength rating (IFSR) to Hong Kong-based Peak Reinsurance Co. Ltd. with a stable rating outlook. Peak Re’s A3 IFSR reflects its good franchise in the Asian reinsurance market, solid capitalization, expanding …
A class-action lawsuit has been filed against a real estate company on North Carolina’s Outer Banks after it allegedly refused to issue refunds for people who couldn’t visit because of coronavirus-related travel restrictions. The Virginian-Pilot reported Wednesday that the suit …
A 52-year-old Groves, Texas, man has been sentenced to 78 years in federal prison for violations related to an arson and insurance fraud scheme, according to the U.S. Attorney’s Office for the Eastern District of Texas. U.S. Attorney Stephen J. …
For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread supply chains. Until recently, …
A 48-year-old man hospitalized since December after being injured in a downtown Las Vegas apartment fire that killed six people is the latest person to sue the building’s owner and others for negligence. Christian Spangler suffered “significant and severe” burns …
Some Florida bars and restaurants are temporarily closing their doors after being back open for just a few weeks because workers or patrons have tested positive for the new coronavirus. The closures come as the number of new daily coronavirus …