Arizona News

Price Optimization Allegations Challenged, NAIC Investigating Practice

Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet guarded – however it appears regulators may already be starting to look into the practice. Consumer Federation of America this week …

Arizona Hit by Moderate Earthquake

A moderate earthquake that struck near Sedona, Ariz. was widely felt in the area. The U.S. Geological Survey says the magnitude-4.7 temblor struck shortly before 11 p.m. Sunday and was centered seven miles north of Sedona and six miles underground. …

Rideshare Companies Risk Defying Arizona Law

Ridesharing companies such as Uber are riding high in Arizona at the risk of defying state law, the Arizona Capitol Times reported. Companies such as Uber and Lyft have only revved up operations since Gov. Jan Brewer vetoed legislation that …

Arizona Sheriff Sues Building Owners Over Shoulder Injury

Maricopa County Sheriff Joe Arpaio has sued the owners of a downtown Phoenix, Ariz. office building over a broken shoulder he suffered when he fell crossing a street. Arpaio is seeking unspecified damages for his February 2013 injury and has …

CIG Names Houghton as Regional Field Executive for Southwest

Capital Insurance Group has named Mark Houghton as the regional field executive for the Southwest region. Houghton, the former regional manager of CIG’s Anaheim, Calif. territory, will oversee field operations and business relations for CIG’s newest regional territory comprised of Nevada, Arizona and New Mexico. Houghton has …

SBA Loans Available to Arizona Residents Hurt By Flooding

Arizona business owners and residents affected by flooding earlier this month can apply for federal loans. The U.S. Small Business Administration announced Thursday that low-interest disaster loans are available for Arizonans who sustained extensive damage from monsoon storms that hit …

Crestbrook Insurance Expands into Oregon, Washington

Scottsdale, Ariz.-based Crestbrook Insurance Co., an affluent market personal lines carrier, is expanding into Oregon and Washington. Independent insurance agents and brokers appointed with Crestbrook in both states are now able to offer the property/casualty carrier’s products and services to …

California-Based Palomar Specialty Insurance Expands Into More States

La Jolla, Calif.-based Palomar Specialty Insurance Co., established in February 2014 as a specialty catastrophe insurer, announced it is now licensed to write residential and commercial insurance in 14 states. Palomar Specialty initially focused on writing residential earthquake insurance, commercial …

Southwest Insurance Agents Names Call, Gordon Regional VPs in Arizona

Southwest Insurance Agents Alliance has expanded its team with the addition of Nate Call and William R. Gordon as regional vice presidents for Arizona. Both Call and Gordon will be responsible for membership service, development, and insurance company relations for …

Court Ruling States Arizona Can’t Deny Immigrants Driver’s Licenses

Arizona’s policy of denying driver’s licenses to people who came to the U.S. illegally as children was blocked by a federal appeals court in San Francisco, which said the measure is probably unconstitutional. The policy most likely violates equal protection …