The Caribbean Catastrophe Risk Insurance Facility will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayman Islands-based parametric catastrophe …
Mounting Oregon Wildfire Claims Threaten Ratings of Berkshire’s PacifiCorp
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money