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Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni

Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and member of the group executive committee with …

Judge Slams Lawyer, Throws Out Ex-Pro Wrestlers’ Lawsuit Over Concussions

A federal judge in Connecticut has dismissed a lawsuit by 60 former professional wrestlers, many of them stars in the 1980s and 1990s, who claimed World Wrestling Entertainment failed to protect them from repeated head trauma including concussions that led …

FEMA Chief Long to Keep Job, Repay Government for Car Misuse

The head of the federal disaster response agency used government vehicles without proper authorization, but will not lose his job over it, Homeland Security Secretary Kirstjen Nielsen said Friday. Federal Emergency Management Agency Administrator William “Brock” Long had been under …

Gas Company Will Cover Losses from Deadly Massachusetts Explosions

Authorities say Columbia Gas has agreed to compensate its customers for all losses related to a series of gas explosions and fires in Massachusetts’ Merrimack Valley. Town officials in Andover announced Saturday that the utility company will pay claims related …

Brown & Brown Acquires Vandroff Insurance Agency of Florida

Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Vandroff Insurance Agency, Inc., according to J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and David …

Dam Breach at N.C. Power Plant Causes Coal Ash Spill into Cape Fear River

Gray muck is flowing into the Cape Fear River from the site of a dam breach at a Wilmington power plant where an old coal ash dump had been covered over by Florence’s floodwaters. Forecasters predicted the water would continue …

Florence Crop Damage to Farms in the Carolinas Could Cost Billions

Hurricane Florence is testing the resolve of farmers in the Carolinas, who could face billions of dollars in agricultural damage while still feeling the sting from Hurricane Matthew almost two years ago. After last weekend’s high winds and rain that …

California Passes Handful Bills Aimed at Protecting Wildfire Survivors

Five bills that their proponents say will protect wildfire survivors were signed by California Gov. Jerry Brown on Friday. The bills are aimed at addressing critical issues facing wildfire survivors including underinsurance, rebuilding, and recovery, those who authored them say. …

Court Upholds California Commissioner’s Regulatory Actions Against PacifiCare

A three-justice panel of the California Court of Appeal, 4th Appellate District, gas upheld Insurance Commissioner Dave Jones’ Fair Claims Settlement Practices Regulations, which prescribe how insurance companies must process insurance claims. The regulations are also the foundation in determining …

California Governor Signs Bill Giving Wildfire Victims Options for Rebuilding

Homeowners who lose their houses to wildfire will be able to use their insurance to rebuild somewhere else under an urgency bill signed by California Gov. Jerry Brown on Friday. Assembly Bill 1800, authored by by Assemblyman Marc Levine, D-San …

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