Pacific Gas & Electric Co. must face the most serious charges related to a 2010 explosion that killed eight people in a San Francisco suburb as the utility heads to a jury trial next year over claims it ignored the …
Torrential rain and gale force winds battered northern Britain on Wednesday, cutting power to thousands of homes and forcing some to evacuate flooded streets in the third major storm in a month. The Environment Agency said Britain had faced an …
Blown up houses, staged wrecks and bogus spine surgeries were among the damage inflicted by nine convicted scammers newly selected to the Insurance Fraud Hall of Shame. They were enshrined by the Coalition Against Insurance Fraud. The Hall of Shame …
Cargill Inc. agreed to sell its crop insurance unit, the latest move by the giant U.S. agricultural commodity trader and producer to reshape its business amid low crop prices. The insurance operation will be sold to Silveus Insurance Group, Minneapolis-based …
Goodbye to the news year 2015, and while there will be no shortage of headline-making topics to associate with the passing year, there was one subject that dominated Insurance Journal’s Western region news stories. Care to guess? No if fair …
Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, announced the completion of its acquisition of Gras Savoye, the leading French insurance broker. On April 22, 2015, Willis Group announced it planned to …
After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted. Pricing will either be flat or down over the next 12 to 18 …
The year 2015 was a year during which the property/casualty insurance industry worried and learned about disruptive forces, new competitors, new leaders and emerging risks. Also, some of the industry’s news revived long-running stories. It was a year when P/C …
A Kentucky state judge ordered an online poker company to pay Kentucky $870 million and sternly rebuked the company for making “a calculation that breaking the law was good for business.” Casino-style gambling is illegal in Kentucky. Yet between 2006 …
Birmingham, Ala., city officials say more than 70 structures sustained some type of damage after a Christmas Day tornado touched down in the city. Birmingham spokesman April Odom said a preliminary assessment found that the storm damaged 72 structures in …
