In a clear indication of the enormous problems plaguing California’s workers’ compensation system, Insurance Commissioner John Garamendi obtained a conservation order June 4 over insolvent insurer Fremont Indemnity Company, putting it under the operational control of the California Department of …
Employers Insurance Company of Nevada (EICN) will sponsor an Open House for its agents and vendors on Friday, June 6, 2003 at its Southern Nevada office to commemorate the company’s one year anniversary in Henderson. The event, which will run …
San Francisco-based U.S.I. Holdings Corporation announced that it has consummated the previously announced acquisition of all the issued and outstanding capital stock of Woburn, Mass.-based Hastings-Tapley Insurance Agency Inc. Hastings-Tapley provides property and casualty insurance, risk management, and employee benefits …
Nevada State Insurance Commissioner Alice A. Molasky-Arman has approved a professional liability insurance program for dentists underwritten by Fortress Insurance Company (“Fortress”). The program will provide professional liability coverage for dentists at limits of up to $2,000,000 per patient, $6,000,000 …
State Insurance Commissioner Alice A. Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total increase of 24.9 percent requested by State …
In a letter from State Compensation Insurance Fund to its brokers, president Diane Oki reiterated the solvency of workers’ comp carrier, writing “To set the record straight, State Fund is solvent.” In efforts to assure brokers that State Fund is …
Four California Insurance Commissioners and the California Supreme Court reportedly agree – the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103 passed in 1988. On Thursday, The Personal Insurance Federation …
California-based Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, announced that the Earthquake Engineering Research Institute (EERI) has asked Dr. Fouad Bendimerad, vice president of RMS, to lead a reconnaissance team surveying …
The State Compensation Insurance Fund released a statement regarding the lawsuit filed May 28 against California Insurance Commissioner John Garamendi and the California Department of Insurance (CDI). The suit, according to State Fund, is intended to “clarify his [Garamendi's] and …
San Diego-based Goreham·Moore & Associates insurance brokerage has been acquired by Talbot Insurance & Financial Services. Talbot Insurance & Financial Services is a subsidiary of Talbot Financial Corporation headquartered in Albuquerque, N.M. Barry Moore, president of Goreham·Moore said that the …
Sign up to receive insurance news alerts!
