Insurer Mercury Says It Will Survive and Prosper Despite California’s Wildfires
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...
Eurogamer7d
Bobby Kotick says Activision Blizzard harassment lawsuits were "fake" and simply a "plan" to drive up union membership
When asked about the matter, and specifically the petition signed by Activision Blizzard staff asking Kotick to step down, the former CEO responded ... the California Department of Fair Employment ...
Nasdaq7d
Travelers Issues Preliminary Estimate Of Catastrophe Losses For California Wildfires
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 ...
California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
Los Angeles Times21d
Orange County Fair CEO Michele Richards to retire in spring, after 23-year career
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 ...
The Boston Globe22d
Starbucks bets on mugs, macchiato art in test of CEO’s plan
BLOOMBERG NEWS Oil and gas companies would be liable for damages caused by climate change-related disasters in California ... allow the Fair Access to Insurance Requirements Plan, created by ...
California's $1 Billion LA Wildfire Bill Highlights Insurers' Struggle, Analysts Say
"Tales of California residents finding it ever more expensive to get insurance are legion, assuming they can get it at all," ...
AOL6d
California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
"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 ...
kcra.com22d
California lawmakers want oil companies to be liable for natural disasters
THE MEASURE WOULD ALSO ALLOW THOSE WHO ARE ON THE CALIFORNIA FAIR PLAN, WHICH IS THE STATE INSURANCE ... Western States Petroleum Association President and CEO Catherine Reheis-Boyd issued the ...
Artemis27d
APCIA CEO joins call for California to issue cat bonds to recapitalise FAIR Plan after fires
The CEO of the American Property Casualty Insurance ... issue catastrophe bonds to recapitalize and restabilize the California FAIR Plan, which provides a critical safety net for homeowners.
Benzinga.com7d
Travelers Expects $1.7 Billion In Catastrophe Losses From California Wildfires
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 ...