West News

PEMCO in Washington Names Vigil to Executive Team, Barry as Vice President of Claims

Seattle, Wash.-based PEMCO Insurance has named M.J. Vigil to its executive team as the company’s new vice president of people and brand. PEMCO also named Paul Barry to its executive leadership team as vice president of claims. Vigil will be …

Collaborative Project Saved Homes in Oregon from Fires. Can It Be Duplicated?

Lightning started a forest fire one August afternoon near Sisters, an Oregon tourist town, and it was spreading fast. Residents in outlying areas evacuated as flames marched toward their homes. Just a few months earlier, the U.S. Forest Service and …

Woodruff-Sawyer Names Greenfield Producer in San Francisco and Denver Offices

Woodruff-Sawyer has named John Greenfield a producer in the property/casualty practices of the firm’s San Francisco and Denver offices. Greenfield will be responsible for business development and the design and management of P/C insurance and risk management programs for mid-sized …

Experts: Forget Government, Companies Must Step up to Combat Cyber Threats

Don’t rely on the U.S. government to protect your business from cyber threats. That was the consensus among experts speaking about cyber programs at a risk management conference on Tuesday. “The U.S. government hasn’t done a lot to protect cyberspace,” …

Tornado in Oregon Damages Small Planes

Authorities say that it was a tornado that touched down south of Portland, Ore. last week overturning small airplanes, downing power lines and damaging several glass greenhouses. National Weather Service meteorologists say the tornado touched down at the Aurora State …

All Wildfire Damage to California Wineries May Not be Covered by Insurance

Wineries damaged by wildfires tearing through Northern California are starting insurance claims, and at least some of the smaller vintners are likely to find limits in their policies mean payouts fall short of rebuilding costs. Gaps in coverage and a …

Arthur J. Gallagher & Co. Acquires New Mexico’s Reynolds & Rodar Insurance Group

Arthur J. Gallagher & Co. has acquired Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group Inc. Terms of the transaction were not disclosed. With roots going back to 1882, Reynolds & Rodar is the oldest independent agency in New …

Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More

One reason behind continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits. The amount of money and resources being put into the legal battlefield over commercial auto lawsuits is …

California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says

Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers. “Based on history and the number of structures damaged, insured losses will run into the billions of dollars, a credit negative,” the report …

PG&E’s Possible Liability in California Wildfires Targeted by Investigators

PG&E Corp. at the end of last week capped its worst week in nine years on speculation that downed power lines may have played a role in deadly wildfires raging across California. And the rout is far from over. After …

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