PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help it most wants. As early as Dec. 3, a lawmaker plans to introduce a bill that would give the state’s …
Outgoing Navajo Nation President Russell Begaye has extended the tribe’s crop insurance amid ongoing extreme drought conditions. The Gallup Independent reports Begaye signed the insurance contract earlier this month. He says it will protect the tribe’s pastures, rangelands and forage …
A magnitude 4.1 earthquake has shaken an area beneath Olympic National Park south of Port Angeles, the U.S. Geological Survey has confirmed. The USGS reported the earthquake hit just after 3 a.m. Monday. There were no immediate reports of damage. …
Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to ratings agency A.M. Best. It was recently determined that a second power line of PG&E Corp. failed the …
Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern California. Deerfield, Ill.-based Alera Group provides employee benefits, property/casualty, …
USG Holdings Inc. has named Ali Gray a producer/broker in the Irvine, Calif. branch. Gray will continue to build his book of business and assist with the expansion of USG’s West Coast footprint. He has 9 years of experience in …
PG&E Corp.’s $1.4 billion in wildfire insurance may not be enough to cover all its potential liabilities from the deadliest blaze in California history. But the company wasn’t necessarily skimping on coverage. That level of coverage is a “regular amount” …
A bill that would help PG&E Corp. absorb liabilities from this year’s fatal wildfires in California is being drafted at the request of a state assemblyman who helped shepherd earlier legislation on the issue. Kellie Smith, an adviser to assemblyman …
United Valley Insurance Services Inc. has added IWV Insurance Agency LLC of Ridgecrest, Calif., and Maki Insurance Group of Anthem, Ariz. IWV offers personal and businesses insurance services throughout California. Maki Insurance offers personal, commercial and life/health insurance services. United …
Calabasas, Calif.-based Topa Insurance Group announced that Cynthia Morrison, senior vice president and chief financial officer, will retire. Morrison is retiring effective Jan. 31, 2019. Lawrence Genalo, assistant vice president of financial planning and analysis, has been named is replace …
