restructuring News

Claims People: Crawford & Co., Charles Taylor and Actuarial Risk Management

Crawford & Co. Shuffles Executive Assignments Crawford & Company has reassigned several executives as part of a new organizational structure that aligns the company to three lines of business: loss adjusting, third-party administration and platform solution. Andrew Bart assumes the …

Apollo, Centerbridge Backed PG&E, Funded Loan to Firm Suing It

Two major investors in PG&E Corp. are also backing a loan to one of the law firms suing the bankrupt California utility on behalf of thousands of wildfire victims. Centerbridge Partners LP is the among the 20 biggest shareholders in …

PG&E Is Near $13.5 Billion Deal With Wildfire Victims

PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, a key step toward resolving the biggest utility bankruptcy in U.S. history, according to people familiar with the matter. …