Property and casualty insurance providers

A woman walks through an empty pedestrian crossing in the Ginza shopping district Friday, April 3, 2020, in Tokyo. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Eugene Hoshiko)
1010 WINS Newsroom
April 03, 2020 - 6:04 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ $4 TRILLION BILL FOR CRISIS? The Asian Development Bank forecasts that the...
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FILE - In this Oct. 31, 2019, file photo, smoke from the Maria Fire billows above Santa Paula, Calif. A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy. The company cleared its latest hurdle Tuesday, Feb. 4, 2020, when U.S. Bankruptcy Judge Dennis Montali signed off on a deal to refinance billions of dollars in debt to pay off PG&E bondholders who threatened to cause problems. (AP Photo/Noah Berger, File)
1010 WINS Newsroom
February 04, 2020 - 4:39 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis Montali signed off...
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FILE - In this Oct. 27, 2019, file photo Woodbridge firefighter Joe Zurilgen passes a burning home as the Kincade Fire rages in Healdsburg, Calif. California's massive property insurance market is feeling the effects of three straight years of damaging wildfires. Insurers have pulled out of some markets and canceled thousands of policies, forcing regulators to step in and expand a state program that homeowners often turn to as a last resort. (AP Photo/Noah Berger, File)
1010 WINS Newsroom
December 24, 2019 - 3:11 pm
NEW YORK (AP) — Kent Michitsch seemed to be running out of traditional options to insure the home he’s lived in for more than 30 years northeast of San Diego as California’s massive property insurance market reels from three consecutive years of destructive wildfires. Michitsch, 57, has received...
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FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas and Electric has reworked a $13.5 billion settlement with victims of deadly wildfires blamed on the utility to try to prevent it from unraveling after California Gov. Gavin Newsom rejected the company's financial rehabilitation plan. The revision discussed in a bankruptcy court hearing Tuesday, Dec. 17, 2019, removes a provision requiring Newsom to approve the deal as a key piece of PG&E's plan to emerge from bankruptcy protection by June 30. (AP Photo/Jeff Chiu, File)
1010 WINS Newsroom
December 18, 2019 - 8:21 am
SAN FRANCISCO (AP) — A federal bankruptcy judge on Tuesday approved two Pacific Gas & Electric settlements totaling $24.5 billion to help pay the losses suffered by homeowners, businesses and insurers in the aftermath of catastrophic Northern California wildfires that sent the nation’s largest...
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Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg waits backstage as he is introduced to speak at the Iowa Farmers Union Presidential Forum, Friday, Dec. 6, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
1010 WINS Newsroom
December 14, 2019 - 12:56 am
DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private...
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1010 WINS Newsroom
November 09, 2019 - 6:39 pm
PORTLAND, Ore. (AP) — On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole complied, not realizing that a sophisticated hacker network had likely been spying on his communications...
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FILE - In this May 31, 2017 file photo, then-state Sen. Ricardo Lara, D-Bell Gardens, speaks at a Capitol news conference in Sacramento, Calif. Lara, who is now the California Insurance Commissioner, announced Wednesday, Oct. 2, 2019, that Mercury Insurance Co. is ending its two-decade battle with California regulators by agreeing to pay the state more than $41 million in property and casualty penalty and interest payments. (AP Photo/Rich Pedroncelli, File)
1010 WINS Newsroom
October 02, 2019 - 3:41 pm
SACRAMENTO, Calif. (AP) — Mercury Insurance Co. is ending its two-decade battle with California regulators over extra fees charged to customers by agreeing to pay the state more than $41 million, officials said Wednesday. California Insurance Commissioner Ricardo Lara said it’s the largest property...
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A passenger walks past a closed Thomas Cook office at Palma de Mallorca airport on Monday, Sept. 23, 2019. Spain's airport operator AENA says that 46 flights have been affected by the collapse of the British tour company Thomas Cook, mostly in the Spanish Balearic and Canary archipelagos. (AP Photo/Francisco Ubilla)
1010 WINS Newsroom
September 25, 2019 - 7:51 am
FRANKFURT, Germany (AP) — The German and Polish units of collapsed tour operator Thomas Cook said Wednesday they were entering bankruptcy proceedings and shutting down normal business operations in the wake of the parent company entering liquidation in Britain. Germany's Thomas Cook said it was...
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1010 WINS Newsroom
August 28, 2019 - 6:31 pm
SAN FRANCISCO (AP) — Tesla owners can now buy insurance policies from the electric car company in what may be an essential step toward it selling driverless vehicles. The company said Wednesday it's now selling policies in California and will go nationwide at an undisclosed date. Tesla said its...
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FILE - In this July 21, 2015 file photo San Jose Mayor Sam Liccardo, center, attends a conference on Modern Slavery and Climate Change at the Vatican. Liccardo, on Monday, Aug. 12, 2019, has proposed gun owners in the nation's 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence. If approved, Liccardo's strict new measure would be the first of its kind in the nation to curb gun violence. (AP Photo/Gregorio Borgia,File)
August 13, 2019 - 1:42 pm
SAN JOSE, Calif. (AP) — The mayor of San Jose has proposed requiring gun owners in the nation's 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence. If approved, Mayor Sam Liccardo's strict new measure proposed Monday would be the first of its...
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