IICF Awards $50K Grant to California Fire Foundation for Victims August 19, 2019 The Insurance Industry Charitable Foundation’s Western Division presented a $50,000 grant to the California Fire Foundation’s Supplying Aid to Victims...
Abry Partners Agrees to Acquire Portfolio in California from Capital Z August 19, 2019 Abry Partners has agreed to acquire Lake Forest, Calif.-based Portfolio Holding Inc. from Capital Z Partners LP. The deal is...
PG&E Shares Dive on Risk of up to $18B in Wildfire Lawsuit Costs August 19, 2019 By Joe Ryan PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much...
Court Says PG&E Has Sole Right to Submit Bankruptcy Plan August 19, 2019 By Nivedita Balu A federal judge has allowed PG&E Corp. to retain the sole rights to propose a plan to exit bankruptcy, as...
Airbnb Settles Racial Discrimination Suit Brought by Oregon Women August 19, 2019 Airbnb has settled a lawsuit brought by several Oregon women who said the site allowed vacation rental owners to discriminate...
Phoenix Fire Engine Crash Brings $25M Wrongful Death Claim August 19, 2019 The mother of a woman killed in a crash involving a Phoenix Fire Department truck has filed a $25 million...
Edison International to Face Trial Over Woolsey Wildfire Claim in April August 19, 2019 By Erik Larson The first trial to determine if Edison International’s Southern California utility is liable for damages from the Woolsey wildfire that...
Report: Re/Insurers Are Reconsidering Risk Appetite for California Wildfires August 19, 2019 By Stephanie K. Jones S&P Global Ratings says 2020 reinsurance pricing in the aftermath of California wildfires will likely rise as re/insurers are finding...
One of 86 Victims Of California’s Deadliest Wildfire Identified August 19, 2019 One of 86 people who were killed in the deadliest wildfire in California history has been identified. The Butte County...
California’s $27.6M Fine Against Mercury Insurance Remains After Court Action August 16, 2019 California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co....