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2 weeks 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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3 weeks 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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4 weeks 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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1 month ago | 
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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1 month ago | 
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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1 month ago | 
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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2 months ago | 
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.
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2 months ago | 
boardmember.com | Russ Banham
Like other board members analyzing the 2024 proxy proposals through the lens of the presidential election, Phyllis Campbell perceives changes ahead for publicly traded companies and boards. "The political divide will drive the issues for 2025, with some direct challenges to directors and company DEI and environmental efforts," says Campbell.
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Jan 14, 2025 | 
leadersedge.com | Russ Banham |Zach West
On this short list is Salesforce, whose cloud-based software-as-a-service (SaaS) platform to manage the customer relationship gave diverse businesses a radically new way to access centralized data, streamline sales processes, automate marketing campaigns, and harvest customer insights. More than 150,000 companies worldwide now employ Salesforce’s customer relationship management (CRM) solution, giving it dominant market share.
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Dec 10, 2024 | 
carriermanagement.com | Russ Banham
Setting aside the populist flavor of his campaign rhetoric, Donald J. Trump’s previous service as the nation’s 45th President presents a remarkable opportunity to make educated guesses about the impact of his expected policies on the property/casualty insurance industry as the 47th President. Executive SummaryA wide-ranging group of insurance industry experts weighs in on the impact of likely Trump 2.0 policies on property/casualty carriers and buyers of the industry's products.
