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 California’s ...
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 ...
California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...
Bobby Kotick says Activision Blizzard harassment lawsuits were "fake" and simply a "plan" to drive up union membership
Ex-Activision Blizzard boss Bobby Kotick has described the legal action taken by multiple government agencies over ...
Travelers Says California Wildfires Cost Its Insurance Business $1.7 Billion
The Travelers Companies, Inc. reported a $1.7 billion pre-tax loss ($1.3 billion after tax) due to the wildfires that ...
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
Lara also directed those responsible for implementing the FAIR Plan - an insurance program designed to help property owners ...
Los Angeles fires highlight risk of 'uninsurable future,' experts say
While they wait for a rental property to become available, Jewlz and Terry are now living in a hotel room with their dog Coda ...
CNET9d
Does Your Home Insurance Cover Wildfire Destruction?
Landscaping around the property is equally important. CalFire recommends removing vegetation within five feet of windows and ...
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Claims related to Los Angeles wildfires hit more than $4.2 billion -- report
The insurance industry has paid over $4.2 billion in claims related to the Los Angeles wildfires as of January 30, according ...
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California legislation would allow victims to sue oil and gas companies over disasters
Among the insurance companies would be those under California's FAIR Plan, the state insurance option for those ... In a statement, president and CEO Catherine Reheis-Boyd said state lawmakers are ...
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RenRe expects new opportunities to deploy capacity as LA wildfires show value of reinsurance
Executives at Bermuda-based reinsurer RenaissanceRe (RenRe) said today that the scale of industry loss from the recent California wildfires will affect ...
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Ellie Mental Health Announces CEO Succession Plan; Founder Erin Pash Becomes Chairwoman of the Board
today announced that Michael DiMarco will succeed founder Erin Pash as Chief Executive Officer ("CEO") as part of the company's succession plan. Ms. Pash will become chairwoman of Ellie's board ...