Newly released data from CoreLogic show the Coastal Fire in California has burned at least 20 homes in the Orange County community of Laguna Niguel. The estimated reconstruction cost value is $530 million for the area presently threatened by the …
WTW Vows to Grow M&A Practice, Appoints Broking Regional Leader Insurance broker WTW (Willis Towers Watson) announced that Mark Rusas will focus exclusively on leading the Mergers & Acquisitions (M&A) practice within Corporate Risk & Broking (CRB) for North America. …
A tentative $32 million settlement has been reached with Los Angeles County in a lawsuit over its child welfare agency’s supervision of a boy who allegedly was abused to death by his mother and her boyfriend, attorneys announced. The settlement …
A film production company is contesting sanctions by New Mexico officials for alleged workplace safety violations on the set of “Rust,” where actor and producer Alec Baldwin fatally shot a cinematographer in October, according to filings posted Wednesday by state …
A long-running investigation into a former Georgia insurance commissioner has finally come to an end. The Atlanta Journal-Constitution reported that former Commissioner John Oxendine agreed to turn over about $128,000 in campaign contributions from his 2009 bid for governor, and …
The Alabama Department of Insurance will hold a hearing in June on VR Insurance Holdings’ proposed purchase of the National Security Group. VR Insurance Holdings is a recently formed Delaware-based company formed by a group of investors, including Vivek Ranadive, …
AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of Global Political Violence & Hostile Environment Solutions, based in London. This unit is part of AGCS’s Property line of business …
Keystone Insurers Group, which calls itself the fourth largest participant-owned insurance agency network in the country, has named Carolyn Nalley as new Tennessee state vice president. Nalley was previously at The Hartford as a senior small-commercial sales representative, Keystone said …
The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate. Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California …
India’s Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949 rupees ($12.28), a source familiar with the matter said on Friday. The state-owned insurance behemoth is likely to be listed …