Personal Lines
California Forced Blackout Spreads; Economic Impact Could Reach $2.6B
The unprecedented power shutdown by California's PG&E Corp. has spread deeper into cities near San Francisco, ensnaring millions of people and raising the prospect that much of a major ...
Wildfire Victims Win Right to File Reorg Plan for Bankrupt California Utility
The judge overseeing the bankruptcy of PG&E Corp on Wednesday issued an order opening the door to a group of noteholders and wildfire victims to file their own reorganization plan for the ...
AAIS Working Groups Seek to Broaden Industry Use of Blockchain Platform
The American Association of Insurance Services is trying expand the use of its blockchain platform across different segments of the property-casualty insurance industry. AAIS, a non-profit insurance ...
The Latest Launches From Nationwide and Corvus Insurance
Nationwide has brought on another partner so it can begin automating underwriting appetite communications for thousands of agents. Corvus Insurance updated its cyber underwriting model with ...
Greater Scrutiny of Argo Executive Compensation Began Before SEC Stepped In
After an Argo Group activist shareholder clamored for greater oversight of executive compensation for much of 2019, the investor appears to be finally getting its wish. On Oct. 8, Argo disclosed that ...
It’s Time to Assess Cyber Insurance Coverage Gaps
As Cybersecurity Awareness Month is underway, it may be time for businesses – especially small- or mid-sized firms – to assess their understanding of current cyber risks and whether they're ...
California Utility Slices Power for 800,000 as Wildfire Risks Rise
Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the ...
Executives On the Move at Zurich and Guy Carpenter
Guy Carpenter & Co. appointed an interim head of International Facultative Operations, to deal with an executive departure. Zurich Canada brought in an outside executive to run its Travel ...