The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...

Ex-Activision Blizzard boss Bobby Kotick has described the legal action taken by multiple government agencies over ...

as well as estimated assessments from the California FAIR Plan and recoveries from reinsurance. Alan Schnitzer, CEO, said: "As a company deeply embedded in the communities we serve, we are on the ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

Officials with the Orange County Fair & Event Center — organizers of the annual O.C. Fair — announced Tuesday General Manager and CEO Michele ... which functions as California’s 32nd ...

Tech billionaire has offered nearly $100 billion to buy OpenAI, which is behind ChatGPT, in a bid to keep it non-profit but ...

"Tales of California residents finding it ever more expensive to get insurance are legion, assuming they can get it at all," ...

California asks for $1 billion to support FAIR plan Highlights challenges of ... before reinstatement premiums. AIG CEO Peter Zaffino in a post-earnings call said the company had reduced its ...

"California property owners will ultimately be billed through their insurers to fund the FAIR Plan's assessment," said ... for the industry," Travelers CEO Alan Schnitzer said in an earnings ...

The insurance industry has paid over $4.2 billion in claims related to the Los Angeles wildfires as of January 30, according ...

The insurer said the estimate includes losses from its personal and commercial segments, as well as assessments from the California FAIR Plan ... policyholders. CEO Alan Schnitzer acknowledged ...