June 3, 2015
Hurricane Blanca strengthened to a category 4 storm off Mexico’s Pacific coast on Wednesday and was expected to bear down on a tourist hub at the southern tip of the Baja California peninsula, the U.S. National Hurricane Center said. Blanca, …
June 3, 2015
W. R. Berkley Corp. announced the appointments of Eugene G. Ballard, Ira S. Lederman and James G. Shiel to the offices of executive vice president. Ballard has been with the Greenwich, Conn.-based company since 1999, serving as senior vice president …
June 3, 2015
The Arizona Department of Transportation reported that deaths of Arizona residents in motor-vehicle crashes dropped by nearly 9 percent in 2014. The department collected data on law enforcement reports to find that 774 people died in motor-vehicle accidents last year …
June 3, 2015
The California Assembly is advancing a pair of bills designed to help buildings withstand earthquakes. The legislation approved unanimously this week would expand financial incentives for seismic retrofits. AB428 would establish a 30 percent tax credit to help cover the …
June 3, 2015
A woman at the center of a high-profile gender bias lawsuit against an elite Silicon Valley venture capital firm filed an appeal of a jury verdict against her. Alan Exelrod, an attorney for plaintiff Ellen Pao, filed the two-page notice …
June 3, 2015
The outgoing director of the National Flood Insurance Program (NFIP) says the program is a “melting iceberg” that is incapable of properly managing its various players including the private insurance carriers that sell policies and handle claims. The government has …
June 3, 2015
Victor O. Schinnerer & Co. has named Steve Falecki vice president and forest and logging practice leader. Falecki will lead Schinnerer’s forest and logging underwriting unit housed in Sacramento, Calif. He will be based in the firm’s Sacramento office and …
June 3, 2015
Google Inc. has asked a federal judge to require three major movie studios to comply with subpoenas it believes may help show they conspired with Mississippi Attorney General Jim Hood as he investigated the Internet search company. In a request …
June 3, 2015
U.S. health insurers are submitting their 2016 rate requests for Affordable Care Act policies, with some asking for big increases as they adjust to customers who’ve recently gained coverage through the marketplaces. Many of the requests, which span hundreds of …
June 3, 2015
While the per barrel oil price has rebounded somewhat after it plunged to under $45 per barrel in March 2015, the energy industry β and by extension the energy-focused insurance sector β continues to adjust to the impact of the …