Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation’s largest utility …
The University of Arkansas and a former student reached a settlement agreement in a lawsuit alleging school officials acted with “deliberate indifference” after she reported being sexually assaulted by another student on campus. The student will receive $100,000 in the …
As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way. Based on what the industry has learned from historical …
Nebraska’s liquor control agency has called a movie theater bar in suburban Omaha to account for accidentally serving two customers cocktails that contained cleaning solution. The Alamo Drafthouse in La Vista could have its liquor license suspended, canceled or revoked …
Fast-food chain Wendy’s has agreed to pay $400,000 to resolve allegations that it violated child labor laws by having teenage employees at dozens of Massachusetts restaurants work later and longer than allowed, the state attorney general’s office announced Tuesday. The …
J.E.D. Insurance & Financial Service Agency recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. The full-service agency specializes in home, automobile, life and business insurance. J.E.D. Insurance is located in the …
Garnet Underwriting Managers (GUM), the managing general underwriter assigned to manage Garnet Casualty Insurance Corporation, has signed its first managing general agent, Conway E&S of Warrendale, Penn. This is a step in Garnet Underwriting Managers’ continued advancement of its cannabis …
Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany. Weinmann comes to BHSI with more than 20 years of insurance industry experience. He was most …
Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, said on Thursday that the coronavirus may have an impact on its business. Ping An’s comments on the virus were included in its annual results, where …
AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice president of Chubb Group and president …
