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...
Underwriters Get Picky and Other Trends in Construction Insurance August 19, 2019 By Andrea Wells Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts....
AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper August 19, 2019 The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated...
Arch Insurance to Buy Coastal Commercial Property MGU Ventus Risk Management August 19, 2019 Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes...
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...
Vaping Firms Sue Seeking to Further Delay FDA Review of e-Cigarettes August 19, 2019 By Matthew Perrone A vaping industry group sued the U.S. government last week to delay an upcoming review of thousands of e-cigarettes on...
Alabama High School Closed After Students Sickened August 19, 2019 Eight students from a south Alabama high school are suffering elevated levels of carbon monoxide, and officials are trying to...
At Least 17 Injured in Kentucky Crash Between Truck and Greyhound Bus August 19, 2019 A fire department in Kentucky says a collision between a commercial truck and a Greyhound bus has left at least...
North Carolina Caretaker Gets Prison for Embezzling $330K August 19, 2019 A North Carolina woman has been sentenced to 18 months in prison for embezzling more than $330,000 from a man...
Fort Lauderdale Paid for Neglect After Leaving Water System Vulnerable August 19, 2019 By Larry Barszewski Eight years after shrinking its staff, Fort Lauderdale still doesn’t have the workers it needs to be sure a water...