Articles by Don Jergler

Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product

A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View, Calif.-based At-Bay launched out of stealth mode along …

Insurers Had Crews Working in Heart of California Wildfires to Prevent Loss

“It was all hands on deck.” That apt description of the reaction to the deadly outbreak of wildfires that ravaged California in October was from Stephen Poux, global head of risk management and loss prevention for AIG’s private client group. …

Resilience Economics Bringing Climate Products to New Sectors

Resilience Economics Ltd. seems poised to capitalize on climate change. Cedent Ltd. this month launched the corporate finance advisory firm focused on climate risk with an initial $500 million of capacity from strategic partner Nephila Capital Ltd. The joint-venture plans …

BRONZE Best Agency to Work For – Youth Movement Powers Firm’s Growth, Energy

There are no worries about who will take over at Kulchin Ross Insurance Services LLC when the agency principals decide to hang it up. The agency, which has grown from a handful of employees to more than 30 employees since …

Farmers Files Trade Secrets Suit in California Against Auto Club Michigan, Former Employees

Farmers Insurance has filed a lawsuit in California against a pair of former employees and the Automobile Club of Michigan alleging the theft of trade secrets. The suit alleges violations of the California Trade Secrets Act, unfair competition, breach of …

Insured Losses from California Wildfires Now at $3.3 Billion

The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data …

Insured Loss Estimates from California Wildfires Now up to $8 Billion

Insured losses from the siege of California wildfires could possibly reach $8 billion, according to new estimates released on Friday by catastrophe modeler RMS. The firm now estimates the insured loss for the wildfires impacting Sonoma, Napa, Solano, Lake and …

U.S. Cities Ranked Most Vulnerable to Coastal Floods Due to Climate Change

This week is the anniversary of Superstorm Sandy, which developed in late October and moved over the East Coast starting on Oct. 29, 2012, causing more than $70 billion in damage and killing 280 people. To mark that anniversary, Climate …

Admitted Carriers, CanaBOP Coming to California’s Cannabis Industry

The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …

Former Patriots Players Speaking at Risk Conference Air Opinions on Kneeling

Watching NFL players kneel during the National Anthem didn’t sit well with a pair of former New England Patriots players, who aired their feelings about players protesting during the opening of football games during a risk management conference on Wednesday. …