Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy. It turns out, though, that Baupost’s stock purchases, valued at $873 million …
This post is part of a series of sponsored by CoreLogic. A magnitude (M) 7.0 earthquake struck north of Anchorage, Alaska, on November 30, 2018. Located along the Ring of Fire which sees 81% of the world’s largest earthquakes, Alaska …
San Diego, CA, November 14, 2018 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, has for the third time been named as one of the Top Workplaces in San Diego by the San Diego Union Tribune. …
The “new normal” for California has yielded another year of record wildfires and billions of dollars in insured losses. Homeowners insurance rates inch up in high risk areas, and carriers get more cautious about where they write in a state …
MyCEcourse Launches New Express Training Courses for An Evolving Cannabis Industry Rancho Cordova, CA August 8, 2018 – MyCEcourse announces a new way to provide insurance brokers looking to enter and service the cannabis industry with online courses they can …
A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million. The Denver Post reports the state Department of Revenue report indicates medical …
Southwest Louisiana officials are looking at bike-sharing. Bike-sharing programs use computers and GPS to track bicycles, rented through a smartphone app by the hour or half-hour. Baton Rouge and St. Tammany Parish are investigating whether to start such programs. New …
The investigation into the cause of a structural failure of a coal silo at a power plant in northwestern New Mexico is ongoing, but the plant’s operator says repairs are underway. Officials with Public Service Co. of New Mexico say …
This post is part of a series sponsored by CoreLogic. It’s About Protecting Homeowners and More Most people understand that the goal of a homeowner’ policy is to restore a home and possessions to the way they were should a …
This Lowdown provides you with a perspective on the report Insuring Millennials: The Most Underinsured Generation, a report added to the Carrier Management Research & Trends site this week. This report was written for the insurance carrier audience, addressing the …
