West News

The Standard Promotes O’Brien and Pfeiffer to Senior VPs

Standard Insurance Co., a subsidiary of StanCorp Financial Group, Inc., has promoted David O’Brien to senior vice president of information technology and William W. Pfeiffer to senior vice president of human resources. O’Brien joined the company in 2004 as vice …

Unionbanc Insurance Services Expands to Pacific Rim

UnionBanc Insurance Services Inc., Fullerton, Calif., is expanding its focus to the Pacific Rim with the addition of Ted Ikuta, who joins the company’s Fullerton office as senior vice president. Ikuta has more than two decades of specialized insurance and …

Colo. Imposes New Procedures for Surplus Lines Brokers

Colorado has implemented new procedure changes for surplus lines brokers. Beginning Jan. 1, 2007, surplus lines brokers in Colorado will need to report their monthly policy and endorsement transactions directly to the state’s Division of Insurance, rather than the Surplus …

Court Rules Estate Not Entitled to Workers’ Comp Benefits

The Second Appellate Court of California has ruled in Six Flags Inc. vs. Workers’ Compensation Appeals Board, et. al. that it is unconstitutional to award a $250,000 worker’s compensation death benefit to the estate of an employee who suffers fatal …

Motor Vehicle Theft Declines in California

California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the same period in 2005, while violent crime increased by 4.1 percent …

Utah Appoints Spann Director of Captive Division

Utah Insurance Commissioner D. Kent Michie has appointed Donnie R. Spann, as the first director of the department’s Captive Insurance Company Division. “Don has a strong regulatory background, including experience working with captive insurers in the State of Tennessee,” Michie …

Company Dumps Jockey Insurance in Montana

A national company that arranged insurance for race jockeys in Montana this year has dropped all four of the state’s race tracks for next year, leaving the tracks scrambling to find another insurance provider. The Montana tracks were among 19 …

Grady & Associates Launches Web Site for Las Vegas Businesses

Grady & Associates Insurance Services, an employee benefits brokerage firm, has launched a new Web site (http://www.gradyandassociates.com) designed to be an online informational resource, helping Las Vegas businesses stay up-to-date with recent developments in the insurance industry. Headquartered in Las …

Calif. State Fund Files Average 9 Percent Premium Decrease

California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium its latest filing of workers’ compensation rates for 2007. The new rate will affect new and renewal workers’ comp policies with an effective date …

Calif. Company Recalling Contact Lens Solution

Santa Ana, Calif.-based Advanced Medical Optics Inc. is recalling U.S. batches of its Complete MoisturePlus multipurpose contact lens solution and Active Packs after finding bacterial contamination in three lots made at the same plant in China and distributed in Japan. …

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