Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022 July 1, 2019 Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its...
Proposed California Wildfire Board Could Operate Partly in Secret July 1, 2019 By Andrew Oxford A closely watched wildfire law proposed by California Gov. Gavin Newsom would exempt a new safety board from some of...
New Jersey Woman Sentenced to Four Years in Prison for Insurance Fraud July 1, 2019 A Bergen County, N.J., woman has been sentenced to four years in prison for filing phony insurance claims for losses...
PG&E in California Wants to Securitize Some Profits to Cover Wildfire Costs July 1, 2019 By Scott Deveau and Mark Chediak PG&E Corp. is lobbying for legislation that would allow the bankrupt California utility giant to securitize some of its profits...
China’s Swine Fever Losses May Be Twice as High as Officially Reported July 1, 2019 By Dominique Patton and Hallie Gu As many as half of China’s breeding pigs have either died from African swine fever or been slaughtered because of...
30% of Disaster Claims Settled After Desk Audit Using Munich Re Remote Tool, Images July 1, 2019 By Jim Sams Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics...
QBE North America Hires Ryan as SVP of Analytics in New York July 1, 2019 QBE North America, an integrated specialist insurer, has hired Risa Ryan as SVP of Analytics to lead the development and...
Berkley Taps AIG’s Fenster to Lead New Berkley Prime Transportation Division July 1, 2019 W.R. Berkley Corp. has formed Berkley Prime Transportation, which will focus on providing primary commercial transportation insurance products countrywide for...
Motel 6 Settles Another Class Action Over Giving Guest Lists to Immigration Agents July 1, 2019 By Dan Whitcomb Motel 6 has agreed to pay $10 million to settle a class-action lawsuit over claims the budget chain routinely provided...
Delaware Chemical Manufacturer Fined $262K for Exposing Workers to Toxic Gas July 1, 2019 The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Croda Inc. after a chemical release at the...