Towerstone acquired Fortuna General Insurance in Simi Valley, California. The partnership allows the company to take advantage of Fortuna’s wide array of carrier and broker relationships and its expertise in the property insurance market. Fortuna will operate as Fortuna General …
Hawaii Gov. Josh Green announced the confirmed death toll had risen from the destructive wildfires in the island-state to more than 100 in an late Tuesday, saying, “We are heartsick that we’ve had such loss.” The Associated Press is reporting …
Risk Strategies acquired Bisnett Insurance in West Linn, Oregon. Bisnett Insurance offers commercial lines, personal lines and employee benefits products. The firm has operations in the Pacific Northwest including Oregon, Arizona and Idaho. Bisnett’s serves a variety of industries, including …
Catastrophe modeler Karen Clark & Company has issued new estimates showing the insured property losses from the Lahaina Fire in Hawaii to be around $3.2 billion. At least 99 people were killed in Maui’s wildfires, a figure that’s likely to …
Cal/OSHA is advising all employers to protect workers from heat illness as high temperatures are forecast throughout the state. The National Weather Service issued excessive heat warnings for some areas through 17. Some of the highest temperatures forecast include: Imperial …
A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy protection after a judge ordered it to pay the government almost $6 million in penalties and damages for submitting hundreds of false claims for …
CIBA, headquartered in Glendale, Calif., named Andrew Aldorisio head of product development and a member of the executive management team. Aldorisio has more than 15 years of insurance experience, most recently as chief underwriting officer at Obsidian Insurance Holdings, Inc., …
AccuWeather increased its estimate of the total damage and economic loss from the devastating wildfires burning in Hawaii to $14 to $16 billion. The update follows AccuWeather’s preliminary estimate last week of total damage and economic loss of $8-10 billion. …
The death toll from fast-moving wildfires in Maui rose to 93, making them the deadliest in the US in more than 100 years, as concerns grew about the effectiveness of the island’s emergency alarm system. The number of fatalities is …
California regulators approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops and other erratic behavior that resulted in unmanned vehicles blocking …
