Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and managed by Ascot; Skuld is the third consortium partner. With …
Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. “We could have switched off everything: power, water, gas,” Lindner, head of Berlin-based Recurity …
Spot electricity in Southern California surged as Sempra Energy’s San Diego Gas & Electric Co. utility worked to restore service following a fire that disrupted high-voltage transmissions. On-peak, spot electricity at Southern California’s SP15 hub more than doubled to $152.73 …
One of Michigan’s largest utilities has agreed to pay $1 million to create a new response fund after a natural gas line exploded, killing a Royal Oak man. Attorney General Bill Schuette said Consumers Energy will spend $900,000 to help …
lloyd’s insurer Ascot Underwriting Ltd. announced that it has formed the Strategic Power Consortium, which it described as a “dedicated technical underwriting vehicle for the power and utilities industry.” It began writing business as of January first. Together Ascot, Brit …
State officials are still investigating the causes behind wind-swept fires that burned last year in a number of Detroit neighborhoods, and the response by a city utility to reports of power outages and downed wires. The Michigan Public Service Commission, …
Willis Group Holdings UK branch announced that Robert Capurro has been appointed leader of the Utilities Practice within its Risk Solutions division, effective immediately. He is based in London, and reports to Paul Chetwynd-Talbot, National Practices Leader for Willis UK …
