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2 weeks ago | 
boardmember.com | Russ Banham
Board members and the general counsel have long enjoyed a close working relationship. The company's highest-ranking legal officer provides expert legal counsel to directors to navigate complex risks. When these risks evolve into a tangled web of convoluted information, the board leans more on the GC, straining their close relationship.
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3 weeks ago | 
chiefexecutive.net | Russ Banham
In June 2024, after an extensive review, CEO Julie Wood at QBE North America introduced the large commercial insurer’s revised strategy—to focus on core customers and segments where the company has meaningful market position, relevance and scale. “We were finding our way around our appetite and marketplace in the U.S.” Woods says.
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1 month ago | 
insurancejournal.com | Russ Banham
PART TWO OF A TWO-PART SERIESIn this second article in a two-part series, Journalist Russ Banham endeavors to better understand the factors behind the devastating fires in Los Angeles County and the roles that public officials, fire suppression personnel, insurance regulators, insurance carriers, and homeowners can play to forge a safer future.
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2 months ago | 
insurancejournal.com | Russ Banham
PART ONE OF A TWO-PART SERIES It was pitch black in the house and the power was off. The Santa Ana winds were howling. As planned, my wife, Jenny,
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2 months ago | 
carriermanagement.com | Russ Banham
Last weekend, my wife, Jenny, and I drove three miles from our home to see firsthand the widespread devastation caused by the Eaton Fire in Altadena. Executive Summary In this second article in a two-part series, Journalist Russ Banham endeavors to better understand the factors behind the devastating fires in Los Angeles County and the roles that public officials, fire suppression personnel, insurance regulators, insurance carriers and homeowners can play to forge a safer future.
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2 months ago | 
rmmagazine.com | Russ Banham
As the new Trump administration continues to enact its agenda, many insurance industry experts anticipate that shifting regulatory priorities could impact directors’ and officers’ liability and the D&O insurance market. However, since the second half of 2022, when record high premiums confronted directors and officers across all industry sectors, D&O liability insurance capacity, coverage and pricing have rebounded. These favorable market conditions are expected to persist.
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Mar 4, 2025 | 
carriermanagement.com | Russ Banham
PART ONE OF A TWO-PART SERIESIt was pitch black in the house and the power was off. The Santa Ana winds were howling. As planned, my wife, Jenny, gathered our two dogs and cat and scurried them into her car, as I shuttled our important documents, medications, pet food, cash and clothes into mine. The bright orange sky illuminated our neighbors quietly performing the same choreography. Enter your email to read the full article.
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Mar 3, 2025 | 
leadersedge.com | Russ Banham |Zach West
fast focus Sixty-five percent of the U.S. population is underinsured. The wildfires that plague California illustrate the dangers of being underinsured or completely uninsured— almost 20% of homeowners in the town of Paradise lacked sufficient insurance to rebuild homes destroyed in the 2018 Camp Fire. Lower-income households and those in poverty are particularly vulnerable in the wake of a natural disaster, as are small businesses.
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Mar 3, 2025 | 
leadersedge.com | Russ Banham |Zach West
In 2024, 27 weather/climate disaster events in the United States cost more than $1 billion each, according to the National Oceanic and Atmospheric Administration (NOAA). These events encompassed one drought, one flooding event, 17 severe storms, five tropical cyclones, two winter storms, and a single wildfire in New Mexico that destroyed 1,400 houses and other structures. The disasters were spread across much of the country, with the Midwest and Southeast experiencing the brunt.
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Feb 20, 2025 | 
chiefexecutive.net | Russ Banham
In early 1983, Hamilton “Tony” James, head of the global mergers and acquisitions group at boutique investment bank Donaldson, Lufkin & Jenrette (DLJ), met in his New York office with Jim Sinegal and Jeff Brotman. The cofounders of a startup in Seattle called Costco were looking for Series A funding. James greenlighted the investment, did a second, larger Series B round, organized the company’s IPO in 1985 and joined its board in 1988. He’s still on it, serving as chair for the past seven years.
