Best's News

California Utility Settles Subrogation Claims From 2017, 2018 Cats for $1.16 Billion

Southern California Edison has reached a $1.16 billion settlement with all the holders of insurance subrogation claims in cases related to the 2017 Thomas and Koenigstein fires and the 2018 . . .

-- This content requires registration --

Already registered?

Login

Not registered?

Register for free

California Catastrophes Subrogation


Latest News

MERGERS AND ACQUISITIONS
Humana to Divest Minority Stake in Gentiva, Valued at $900 Million
Jun 10, 2026 07:44 PM (EDT)
OBITUARIES
W.R. Berkley Founder Known for Building Global Insurer and Straight Talk, Dies at 80
Jun 10, 2026 03:19 PM (EDT)
CYBER LIABILITY
Axa XL Forms Cyber, Technology Partnership With Deloitte
Jun 10, 2026 02:59 PM (EDT)
CAPACITY
Jensten Underwriting Secures $406.1 Million in Zurich Insurance Capacity
Jun 10, 2026 02:23 PM (EDT)
LIFE AND ANNUITY INSURERS
Corebridge CFO: Second Quarter Returns on Alternative Investments Likely to Fall
Jun 10, 2026 01:44 PM (EDT)

More from Best’s News


Trending

1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)
2
EARNINGS
AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
Feb 10, 2026 05:09 PM (EST)
3
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
4
MERGERS AND ACQUISITIONS
Symetra Strikes Deal to Acquire Life & Disability Business of Dearborn Group
Jul 01, 2025 12:52 PM (EDT)
5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Members of Spinnaker Insurance Group
Jan 28, 2026 04:04 PM (EST)

    

1
GEORGIA
Georgia Commissioner Race Gains Clarity as Democrat Field Emerges
Mar 16, 2026 09:10 AM (EDT)
2
EARNINGS
AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
Feb 10, 2026 05:09 PM (EST)
3
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Members of Spinnaker Insurance Group
Jan 28, 2026 04:04 PM (EST)
4
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)