University of Nevada, Las Vegas announced the establishment of the Kerestesi Center for Insurance and Risk Management within the Lee Business School. The center, made possible through a $5 million gift from the Nevada Surplus Lines Foundation, will advance faculty …
Steve Mangapit, the COO of the Western Growers Family of Cos., has assumed the duties of president of Pinnacle Claims Management Inc. He replaces David Zanze, who retired after 38 years of service at Pinnacle. Mangapit joined WGFC in January …
A jury in Oregon this week found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it …
An environmental group has a $2 million insurance policy on Hawaii’s coral reefs, which is in effect in time for a busier hurricane season that could damage the vital natural resources that are increasingly under threat from climate change. In …
Federal wage and hour investigators say a northern California restaurant attempted to use an alleged priest to get employees to admit workplace “sins.” During litigation by the U.S. Department of Labor in federal court, an employee of Che Garibaldi Inc., …
Washington Insurance Commissioner Mike Kreidler is holding a workshop to hear from consumers, insurers and other parties on the reasons about auto and homeowners insurance issues being reported “at a record pace.” The Office of the Insurance Commissioner reported a …
Alera Group named Mark Dennis managing director for the Northwest region, which includes 16 locations across Alaska, Idaho, Montana, Oregon, Washington, Utah and Wyoming. Dennis joined Propel Insurance, an Alera Group company, 17 years ago and most recently was Propel’s …
Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed into law Senate Bill 269, which …
New Mexico has settled with Walgreens for $500 million over the pharmacy chain’s role in distributing highly addictive prescription painkillers. The agreement was signed in March, and state officials confirmed that a confidentiality provision on the agreement was lifted last …
Despite a relatively average 2022 wildfire season, fears of wildfires remain at an “all-time high,” and those fears appear to be one driver of decision-making on property insurance. A new report from Gallagher Re shows the threat of damaging wildfires …
