Power Outages in California as Winds Boost Fire Danger October 26, 2020 Large swaths of California had no electricity Monday as utilities tried to prevent the chance of their equipment sparking wildfires...
Virginia State Officials Lay Out Plan to Address Rising Seas October 26, 2020 Virginia state officials have laid out a plan to protect the state’s coastal communities from sea-level rise that could inundate...
Rhode Island Fines, Closes Four Bars Over Alleged COVID Violations October 26, 2020 Rhode Island has fined and temporarily shut down four more bars over alleged violations of state rules meant to control...
Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules October 26, 2020 By Andrew G. Simpson A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a...
Connecticut AG Wants Reimbursements for Poor Response to Power Outage October 26, 2020 By Pat Eaton-Robb Connecticut’s attorney general asked regulators Wednesday to order reimbursements for utility customers who lost food and medicine during August’s dayslong...
Canada’s Brookfield Business Partners to Buy Remainder of Insurer Genworth for $1.2B October 26, 2020 Genworth MI Canada said on Monday real estate service provider Brookfield Business Partners will buy the remaining 43% stake it...
W.R. Berkley Says Rate Increases Averaging 14.5% Contributed to Solid 3Q Results October 26, 2020 W.R. Berkley Corp.’s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy October 26, 2020 Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge...
Business Interruption Cyber Risks Demand More Insurer Attention as 5G Dawns October 26, 2020 By Mark Hollmer Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact, a panel of experts...
BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies October 26, 2020 BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities...