The utility said it expects insurers will provide the funding.

The wrongful death lawsuit arose from an incident at a South Carolina social club in November 2020.

The exec's five-year run of improved returns was marred by recent managerial turmoil.

Warren Buffet, 95, still serves as chairman of the company, whose holdings span insurance companies, utilities, railroads and a stock portfolio.

But most say they support tougher safeguards and legal standards.

New categories in this expansive recognition program include Brokerage of the Year, MGA of the Year, Insurtech of the Year and much more.

While faster than their traditional counterparts, they're still relatively untested.

‘There is real fear, frustration and misinformation with the pace of recovery.’