-
2 weeks ago | 
carriermanagement.com | Russ Banham
Having already paid out billions of dollars in claims related to the Eaton fire, more than 100 insurers have filed lawsuits against Southern California Edison to recoup these costs, alleging the utility’s electrical equipment is the ignition source. Other insurers have made a choice not to sue and have instead sold their subrogation rights.
-
2 weeks ago | 
cfoleadership.com | Russ Banham
The right vendors make a difference—surround yourself with partners who prioritize fiduciary duty, transparency and flexibility, writes Roundstone’s Michael A. Schroeder.
-
1 month 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.
-
1 month 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.
-
2 months 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.
-
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,
-
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.
-
Mar 27, 2025 | 
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.
-
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.
-
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.
