West News

CDI Fines Agents over Workers’ Comp Policies

California Insurance Commissioner John Garamendi has imposed discipline upon two agents and the companies they work for over their marketing of an illegal tribal-based insurance product. The actions taken by the commissioner include fines, cost reimbursement, and a restriction on …

Shorey Promoted at Swett & Crawford

Donald M. Shorey, executive vice president of Los Angeles-based Swett & Crawford Group has been named western region manager, overseeing 12 offices throughout the West. Shorey has more than 35 years of experience in the insurance industry, having served as …

ITC Awards $125,000 to SoCal Children’s Organizations

As chairman of the grants committee of Insuring the Children, Orange County Chapter, Lawrence G. Shoaf has reported that in 2004, Insuring the Children awarded grants to seven Southern California charities totaling $125,000. The awards included: $30,000 to the Orange …

Wood Joins Acordia’s West Region

Chicago-based Acordia Inc., a Wells Fargo Company, announced that H. David Wood has accepted the position of senior vice president, regional managing director of Acordia’s West region. Wood will assume the leadership of the offices in the West region’s seven …

Nine Armenian Charity Groups to Get $3M of Insurance

Nine Armenian charitable groups will receive $3 million over the next two weeks as part of a $20 million settlement between an insurance company and descendants of Armenians killed nearly 90 years ago in the Turkish Ottoman Empire. Five organizations …

Former Safeco CEO Roland Trafton Dead at 85

Roland Milton “Milt” Trafton, former chief executive of Seattle-based Safeco Corp. and a leading local arts benefactor, mountain climber, Arabian horse enthusiast and corporate art collector, is dead at 85. Trafton, who assembled a nationally recognized art collection in 33 …

Calif. Governor Appoints Berte to CalPERS Board

Governor Arnold Schwarzenegger announced that Marjorie Berte, 52, of San Francisco, has been appointed to the Public Employees’ Retirement System Board, according to the Los Angeles Times. Berte is currently vice president of the California State Automobile Association. She will …

Calif.’s State Fund Implements New Reform Measure

State Compensation Insurance Fund announced the establishment of an enhanced Medical Provider Network (MPN) that will assure the provision of rapid access to medical treatment for injured workers. The network expands on State Fund’s existing medical network which has reduced …

Wyo. Med-Mal Bill Voted Down

One of the proposals to help control medical malpractice insurance costs in Wyoming failed to garner enough votes to get to the state House floor. The House Labor, Social Services and Health Committee split 4-4 on the bill Wednesday. Under …

Colo. Airport’s Insurance Jumps after Ebersol Crash

The crash of a corporate jet that killed the son of NBC Sports Chairman Dick Ebersol and two other people has contributed to a 48 percent increase in Colorado-based Montrose Regional Airport’s liability insurance premium. Airport Manager Scot Brownlee said …

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