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Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight

Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive wildfire destruction in Oregon. The largest grid operator in the western US faces the risk that it will have to …

Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry

Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that influences both the insurance sector and the maritime industry globally. From this perspective, one thing is abundantly clear: A “new …

Lloyd’s and the UN Team Up to Provide Insurance to Climate Vulnerable Countries

Lloyd’s of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to insurance for climate vulnerable countries, with an initial focus on Fiji and Pacific island countries. Climate change is happening faster …

Next Florida House Speaker Wants More Property Insurance Legislation, Deliberations

The next speaker of the Florida House of Representatives, set to take charge in 2025, said he hopes to see more legislation that could further address spiraling property insurance costs. “Do I believe we are done with property insurance? No. …

Florida OIR Wants Enhanced Hurricane Ian Data by Sept. 27. Claims Have Topped 740,000

The Florida Office of Insurance Regulation is reminding carriers that additional information about Hurricane Ian claims is due no later than Sept. 27. By law, the office is required to collect data after hurricanes. Simple data was required in the …

Kentucky Schools Adding More Electric Buses Thanks to EPA Grants

Blue Bird Corp., one of the largest and oldest makers of school buses, has fully embraced electric vehicles and will soon provide 13 electric buses to a Kentucky school district. Bowling Green Independent School District said the purchase of the …

Social Security Demands Billions From Workers’ Comp Recipients, Others for Overpayments

The Social Security Administration is trying to claw back billions of dollars in disability overpayments, many of them made to people who received workers’ compensation payouts for injuries, an analysis has found. KFF Health News, part of the Kaiser Family …

Takeaways from Our Conversation on Michigan Cannabis Sales

Michigan cannabis sales are a great story. Sales there reached another record in July, hitting $277 million for the month, and look to head well over $3 billion for the year. What’s going on there? The state is still fairly …

People Moves: CSAA in California Names Pugh EVP and CIO; Kerfoot Joins Alliantin Hawaii

CSAA Insurance Group Promotes Pugh to EVP and CIO CSAA Insurance Group, headquartered in Walnut Creek, Calif., promoted Todd Pugh to executive vice president and chief information officer, overseeing all aspects of the company’s information technology division. He has served …

People Moves: Wong Joins Tax Team at Ryan; Alliant Hires Stauss in Northeast

Jenny Wong has joined Ryan Transactional Risk (RTR) as vice president, North American tax insurance. RTR is headquartered in London, England. Wong, based in New York, N.Y., has 19 years of experience as a tax practitioner, including roles as an …

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