Correction: In an earlier version of this story, the Associated Press misspelled the last name of Orange County Fire Authority Chief Brian Fennessy. Facing extreme wildfire conditions this week that included hurricane-level winds, the main utility in Northern California cut …
Delaware workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. This comes as the voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual …
Boston Insurance Brokerage (BIB) has announced an expansion of its specialty offerings to include Programs & Compliance. The new division at BIB will be led by Senior Vice President Christopher Fell. BIB has a history of offering unique insurance solutions …
Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near Cocodrie, Louisiana, with winds of …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Sara Gundersen as executive vice president and Asian Risk Solutions segment leader within its Sompo Global Risk Solutions (GRS) business unit. She will …
The Philippines is bracing for a new storm that will hit the Southeast Asian nation this weekend, days after Typhoon Molave left at least 16 people dead and thousands in evacuation sites. Goni, which developed into a severe tropical storm, …
Typhoon Molave hit Vietnam’s central coastline and northern Central Highlands with winds of up to 133 kilometers per hour on Wednesday, triggering landslides in Quang Nam province, VnExpress news website reported, citing local authorities. Authorities reported 16 deaths, 12 injured …
James River Group Holdings Ltd. announced that Frank D’Orazio has been named chief executive officer of the company, effective Nov. 2, 2020. J. Adam Abram, the company’s founder and current CEO will retire on Nov. 1, 2020. Abram will remain …
Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global backlash. A group — Facebook …
Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider backing from asset managers and others to be fully effective, a global regulatory body said on Thursday. Climate change can …
