BevCap Management LLC (BevCap), a captive insurance program manager based in McKinney, Texas, has promoted Lynn Coor to the role of chief operating officer. Coor oversees the agency’s daily operations, manages/develops carrier relationships, runs human resources and accounting, and she …
California has recorded more than 5,000 COVID-19 deaths as cases continue to climb in several parts of the state. The state Department of Public Health reported 148,855 confirmed cases of the coronavirus and 5,063 deaths since the beginning of the …
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 …
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 …
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 …
Trade talks between the EU and UK have struggled in recent weeks, increasing the prospect that Britain departs the bloc without a deal and that businesses face an extreme shock when the divorce takes effect. It’s a scenario that would …
Allianz Global Corporate & Specialty (AGCS) announced the launch of a new Allianz Cyber Protect product in the UK. AGCS, Allianz’s entity for large-scale corporate and specialty risks, released its new Allianz Cyber Protect policy that provides a full suite …
Businesses across the U.S. have begun intensive Covid-19 disinfection regimens, exposing returning workers and consumers to some chemicals that are largely untested for human health, a development that’s alarming health and environmental safety experts. The rush to disinfect is well-intentioned. …
New York Attorney General Letitia James has urged Apple, maker of the iPhone, and Google, developer of the Android operating system, to take steps to protect consumer information and privacy as New Yorkers and Americans continue to battle with COVID-19. …
A woman who lost her partner in a collision that killed seven motorcyclists last year in New Hampshire wants to put a pause on her lawsuit against the company that employed a pickup truck driver involved in the crash. Mediation …
