West News

Prime Closes $5 Million Note with Zions Bank

Prime Holdings Insurance Services closed a $5 million dollar note transaction with the Salt Lake City office of Zions Bank, a subsidiary of Zions Bancorporation, a U.S. based financial services company. The note provides Prime Holdings subsidiary, The Prime Insurance …

United Agencies Inc. Expands Into Nevada

Thomas E. Hays, chairman of the board for Calif.-based United Agencies, announced they have added a Nevada agency to their growing list of associate members. Effective Oct.1, 2004, Cutler, LLC has come aboard as the newest affiliate member. Lloyd Cutler …

Zenith Estimates Losses Related to Hurricanes

Woodland Hills, Calif.-based Zenith National Insurance Corp. announced its initial estimate of aggregate losses in its assumed reinsurance business attributable to Hurricanes Charley, Frances, Ivan and Jeanne. Zenith currently expects its net after tax loss in the third quarter from …

Masters to Head Western Region for Insurance Institute of America

Sandra L. Masters has assumed responsibility as marketing director for the American Institute for CPCU and the Insurance Institute of America’s Western Region. She takes over the territory following the retirement of Daniel P. (Chuck) Hussey Jr. Previously, she headed …

Alliance Applauds Passage of SB 1500

The American Agents Alliance congratulated State Senator Jackie Speier (D-Hillsborough) on the passage of SB 1500. Her legislation, which puts an end to debate over electronic auto insurance policy data sharing, as well as requiring the DMV to cancel vehicle …

No 2005 Work Comp Increase for Oregon

Oregon workers’ compensation insurance rates will not increase in 2005, Gov. Ted Kulongoski said September 28. The announcement marks the third straight year without an increase following 12 consecutive years of rate reductions that began with a major reform in …

GNW-Evergreen Complete Phase One of Merger

Los Angeles-based GNW Insurance Services Inc. and Evergreen Insurance Services Inc. of Tarzana, Calif. two independently owned insurance brokerage firms, have announced completion of phase one of their merger. The newly combined organization will be housed under one state-of-the-art insurance …

Infinity Insurance Offering CE Classes

Infinity Insurance Company will host Education Expo 2004 in the month of October, with Continuing Education Classes being held throughout California. The two classes available are Professional Field Underwriting 3: Risky Business: How to Avoid Errors & Omissions and Professional …

Still Time to Register for ITC Golf Tourney Oct. 11

The Insuring the Children Golf Tournament will be held Oct. 11, 2004, at the Santa Ana Country Club in Santa Ana, Calif. According to Golf Tournament Chairman Ed Rochford of Chubb & Son, “this is a great opportunity for the …

All Risks Opens Southern California Office

Baltimore-based surplus lines broker and managing general agent All Risks announced the opening of a La Mirada, California office. All Risks provides insurance solutions to retail insurance brokers countrywide, with offices in Arizona, California, Florida, Georgia, Maryland, North Carolina, Pennsylvania, …

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