Some homeowners in a Hawaiian neighborhood where lava is flowing might not be so fortunate when they file their claims after all. It was previously reported that Gordon Ito, Hawaii’s insurance commissioner, was making it known that homes destroyed or …
Tom Pratt, an insurance agent who specializes in procuring fine art coverage in a rural Northern California community, has worked in the insurance industry for more than 20 years. By day he is an insurance agent. In his spare time, …
Burns & Wilcox has named Jim Lynch vice president of California brokerage in its San Francisco office. He will be primarily responsible for casualty placements, assisting his clients with challenging allied healthcare, construction, products and premise placements. Lynch was previously …
The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is setting for itself long-term climate goals that are linked …
Hawaii’s insurance commissioner has made it clear that homes destroyed or damaged in the recent lava flow into a Hawaii neighborhood are covered for the damage under homeowners insurance policies. Gordon Ito, who has been the state’s insurance commissioner since …
California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers. Jones said during a press conference on Tuesday that he is the first U.S. financial regulator to conduct a climate-related financial risk stress test and …
Irvine, Calif.-based Burnham Benefits Insurance Services Inc. has added Autumn Shupe as a senior consultant on its risk management team. Shupe will assist in managing Burnham’s technical unit and support the risk management strategic focus. Shupe has 20 years of …
JLT Specialty USA has named Vipul Kumar vice president of its transaction advisory practice. Kumar will be based in San Francisco, Calif. and work with clients to understand merger and acquisition risks. Kumar joins JLT from Davis Wright Tremaine LLP, …
A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The report, TURNING POINT: …
Insurance industry representatives said on Thursday they are working with the authors of pair of controversial bills approved by a committee in the California state Senate that are designed to give relief to victims of the massive wildfires last fall. …
