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Man Hospitalized After Fatal Las Vegas Fire Suing Building Owner

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 Assigns First-Time A3 Rating to Fosun-Backed Peak Re

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 Signs New Captive Insurance Industry Legislation

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 …

No-Deal Brexit Would Deepen Economic Pain for UK’s Coronavirus-Hit Companies

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 Launches ‘Cyber Protect’ Product for UK Market

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 …

Health Experts Caution Over Disinfectants, Cleaning Methods Used in Rush to Reopen

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. …

N.Y. AG Urges Apple, Google to Protect Consumers Using Contact Tracing Apps

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. …

Woman Looks to Postpone Suit in New Hampshire Crash that Killed 7 Bikers

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 …

Aon’s Seyfried Joins AXIS Cyber Insurance Leadership in U.S.

Specialty insurer AXIS Insurance reported it has hired Eric Seyfried as Head of Cyber U.S. Open Market. In this new role, Seyfried will help implement the U.S. strategy for AXIS Insurance’s global cyber and technology business while overseeing underwriting results …

Smart Cameras at Amazon Provide Real-Time Social Distancing Feedback to Employees

Amazon Inc. is pairing cameras with artificial intelligence to enforce social distancing among employees in its offices and warehouses. The system gives employees real time feedback on whether they are complying with the six feet social distancing rule. “Given social …

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