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Jonathan Rinderknecht was arrested Tuesday on destruction of property charges. -
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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Winds have strengthened to 80 mph, and the hurricane is expected to intensify further over the next 48 hours.
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IAG completed its takeover of RACQ last month.
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The measures also seek to encourage greater wildfire mitigation efforts.
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The assistant treasurer is also due to review the Australian cyclone pool.
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Models anticipate a busier second half, particularly in the next few weeks.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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The data modeling firm said losses previously averaged $132bn annually.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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The group claims the White House is undermining disaster preparedness.
