West News

McShane Promoted at R.E. Chaix

Irvine, Calif.-based R.E.Chaix & Associates announced that Gloria McShane, vice president has been promoted as the new manager of its professional liability department. McShane began her career in the insurance industry over 15 years ago. She started in the Commercial …

New RRG to Offer GL to Calif. Contractors and Artisans

United Contractors Insurance Company Inc.—a new risk retention group domiciled in the District of Columbia—will offer general liability coverage to California contractors and artisans in commercial and residential construction. Acting as the RRG’s managing general underwriter, Palm Springs-based United Contractors …

Calif. Man Indicted on Federal Charges in International Insurance Fraud Scam

Matthew Wallace Schachter, aka Robert Lewis Brown, aka Matthew C. Rollins (Brown), 58, was indicted on federal charges relating to an insurance fraud scheme that allegedly netted more than $20 million over the last four years. The indictment, filed in …

AIA Raises Concerns Over Wash. Legislation to Restrict Insurers’ Use of Credit Information

A proposed law to restrict the use of credit-based insurance scores under consideration by the Washington Legislature is premature and could raise premiums for Washington insurance consumers, according to the American Insurance Association (AIA). “Washington already has a law on …

Chiropractors, Law Administrator Surrender on Insurance Fraud Charges

A Downey law office administrator, Rebecca M. Perez, of Riverside, and two Downey chiropractors, Dr. Raymond T. Oca, of Cypress, and Dr. Paul J. Lopez, of Huntington Beach, surrendered themselves to the Los Angeles County Superior Court after being charged …

ELAN Calls for State Senate Investigation Into Executive Life Settlement

The Executive Life Action Network, an activist group of former Executive Life Insurance Co. policyholders, called on California State Senator Jackie Speier, Chairperson of the Senate Insurance Committee, to investigate the reported $600 million settlement by Insurance Commissioner John Garamendi …

Price Joins ePolicy Solutions as Vice President of Sales

Torrance, Calif.-based ePolicy Solutions Inc., a leader in providing Web-based policy administration solutions that can reduce expenses and improve customer service, today announced that Britain T. Price has joined the company as vice president of sales. Price reports to Lou …

Barney & Barney Receives 11th PAR Excellence Award

Barney & Barney, San Diego’s largest and oldest privately-held insurance brokerage and risk consulting firm, announced it has been awarded its 11th PAR Excellence Award. Assurex Global, the third largest broker of commercial insurance in the United States, sponsors the …

SAIS Announces New “Direct Access” Business Model

Last year, Richard Swoy, chairman of Superior Access Insurance Services Inc. announced that SAIS was changing the way online wholesalers do business with their subscription based business model. Agents and brokers became Subscribers who had real-time access to multiple markets, …

CAAA: Workers’ Comp Carriers’ Profits up 25%-36%

Fourth quarter and 2004 annual earnings statements from leading California workers’ compensation insurance carriers are coming in, and profits are reportedly up by 25% to 36% over 2003 – and 2003 was already the most profitable year on record. Zenith …

West News Archives by Month