PG&E Seeks Court Approval for $105M Fund to Aid California Wildfire Victims May 2, 2019 By Jim Christie PG&E Corp. is seeking court approval for a $105 million fund to help house victims of the wildfires blamed on...
Chubb’s Q1 Net Income Dips Slightly but Commercial Insurance Produces Gains May 2, 2019 Chubb saw its net income dip slightly in the 2019 first quarter, though commercial and other insurance premiums rose at...
Tesla Sued over Fatal Crash Allegedly Caused by Autopilot Malfunction May 2, 2019 By Edvard Pettersson and Dana Hull Tesla Inc. was sued over a fatal crash on a California highway allegedly caused when the Autopilot system of a...
New York Braces for ‘Worst-Case’ Flooding Along Lake Ontario May 2, 2019 New York state is preparing for a “worst-case scenario” as water levels rise along Lake Ontario where flooding caused extensive...
Owners Project Stop & Shop Strike Cost Company About $100M in Losses May 2, 2019 The owners of New England’s largest supermarket chain are projecting around $100 million in losses from the labor strike that...
Utility Settles with Family Hurt in Massachusetts Natural Gas Explosions May 2, 2019 The utility company blamed for September’s natural gas explosions in Massachusetts has settled a negligence lawsuit from a family injured...
MS Amlin Launches Digital Trading Platform for Agricultural Motor Insurance May 2, 2019 MS Amlin announced an upgrade of of a digital trading solution to upgrade its “Countrywise insurance” service, which provides agricultural...
London-Based EC3 Brokers Appoints Murphy from Integro as Head of Broking May 2, 2019 London-headquartered EC3 Brokers announced the appointment of James Murphy to the newly created role of head of broking. Murphy joined...
Insurance Broking Veterans, Led by McGill, Form Specialty Broker, McGill & Partners May 2, 2019 Insurance broking veteran Steve McGill and a team of insurance industry veterans have partnered with Warburg Pincus, a global private...
Markel Subsidiary State National to Provide Fronting for Tesla’s New Insurance Venture May 2, 2019 By L.S. Howard Elon Musk’s Tesla plans to launch its own insurance product for Tesla drivers, which will be fronted by Markel Corp.’s...