Guy Carpenter & Company LLC has been named the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority. Guy Carpenter will provide strategic reinsurance and advisory services to develop …
As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest for those needing to evacuate whether from wildfires or hurricanes. StreetLight Data Inc., a company that collects and analyzes data …
An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy either, a federal …
Nearly three dozen people have sued the operator of a suburban Chicago medical equipment cleaning plant they claim emits fumes that have adversely affected their health, lawyers for the plaintiffs announced. The 32 lawsuits filed against Sterigenics LLC this week …
Newark’s large-scale bottled water distribution is continuing as officials try to understand the failure of two filters intended to eliminate lead from water. The Environmental Protection Agency, which earlier called for the water distribution, said Friday that researchers are meeting …
Speeding is the riskiest kind of aggressive driving, according to a unique analysis of data from on-board devices in vehicles. Researchers at the University of Waterloo examined data from 28 million trips for possible links between four bad driving behaviors …
Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a custom-tailored suite of coordinated insurance products and offers flexible and …
American Integrity has appointed industry veteran Dick Dowd as executive vice president. Dowd will report to Bob Ritchie, president and CEO, and be responsible for all sales and marketing staff and initiatives. He will spearhead initiatives that further augment the …
OAKLAND, Calif. — Three jurors were dismissed Monday for undisclosed reasons on the 10th day of deliberations in the trial of two men charged in the deaths of 36 partygoers from a fire inside a cluttered San Francisco Bay Area …
Earthquake coverage is available mostly from private insurance companies. In California homeowners can also get coverage from the California Earthquake Authority (CEA), a privately funded, publicly managed organization. Only about 10 percent of California residents currently have earthquake coverage, down …