West News

Agency Resource Group Announce Strategic Partnerships with Pacificare and United Concordia

Valley-based Agency Resource Group Inc. (ARG) President Bud Bowlin announced two strategic alliances with major national insurance providers – PacifiCare and United Concordia Insurance Company (United Concordia). ARG is a new, national employee benefits general agency that works with a …

Safeco Names Kelly New CIO

Seattle-based Safeco has named Richard Kelly as the company’s new chief investment officer. Kelly brings more than 20 years of experience in analyzing, executing and leading investment strategies for property and casualty insurance companies. Most recently, Kelly served as chief …

Alaska Workers’ Comp Bill Passes House By 25-13 Vote

The House on Sunday accepted a compromise bill to change the state’s workers’ compensation laws. House members passed the new bill 25-13, with most saying it wasn’t the perfect fix to lowering workers’ comp insurance rates and employers’ costs, but …

Pro-Business Insurance Bill Tops Ariz. Legislative Session

Legislation that will allow business owners to lower their insurance costs highlighted the action on insurance-related measures during the recently concluded legislative session, according to Sam Sorich, regional vice president of the Property Casualty Insurers Association of America (PCI). “The …

Compromise Plan on Ore. Malpractice Damages Drawing Concerns

After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is still facing criticism from …

A.M. Best Affirms Ratings of Zenith National Insurance Group

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and has assigned issuer credit ratings (ICR) of “a-” to Woodland Hills, Calif.-based Zenith National Insurance Group. The ratings apply to three intercompany pool members and are based …

Keshishian Promoted at Networked Insurance Agents

Steve Keshishian has been named territorial sales vice president for Grass Valley, Calif.-based Networked Insurance Agents. He will be supporting the marketing and placement needs of Networked’s affiliates in the Central South Bay territory. Keshishian has been in the industry …

California’s State Fund Seminar on Workers’ Comp Fraud Draws Kern County Employers

As part of its commitment to fight workers’ compensation insurance fraud, State Fund held a seminar May 18 at the Valley Plaza’s Pacific Theatre where more than 200 Kern County employers heard State Fund and law enforcement officials outline a …

San Jose Chain Store Owners Plead Guilty in Workers’ Comp Scam

A San Jose, California husband and wife have pled guilty to charges of workers’ compensation premium fraud and will serve 14-month jail sentences and pay $2 million in restitution following a multi agency investigation into the crimes. The owners of …

The Doctors Company’s Rates Increase in Wyoming

The Doctors Company, which provides medical malpractice insurance to Wyoming physicians, has received approval from the state for a 7.3 percent base rate increase for medical malpractice insurance premiums. To be approved, rates cannot be “excessive, inadequate or discriminatory,” according …

West News Archives by Month