Tower Group, Inc. in New York has entered into a strategic relationship with CastlePoint Holdings, Ltd.,a Bermuda-based holding company that it has sponsored. The move gives Tower reinsurance backing, additional underwriting capacity and flexibility to take advantage of opportunities in …
The California Low Cost Automobile program (CLCA) is now available in San Bernardino, Riverside, Alameda, Fresno, Orange and San Diego counties for low income good drivers at less than $400 per year. Senate Bill 20 (Escutia), which was sponsored by …
Insurance Commissioner John Garamendi announced the surrender of Wanda Cleveland, 49, Willie Cleveland, 50 (husband and wife) from Whittier; Farrell Cobbs, 42, of Victorville and his brother Wade Cobbs III, 44, of Los Angeles on March 22, 2006 for charges …
Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators today unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation under an “optional federal charter” system. United States Senators John …
Chicago-based Arthur J. Gallagher & Co. announced the acquisition of Sobieski & Bradley, Inc. of Salt Lake City, Utah. Terms of the transaction were not disclosed. Formed in 1987, Sobieski & Bradley, Inc. is a wholesale insurance broker and managing …
A guide to incentives for businesses seeking to rebuild, expand or begin operations in the portions of Mississippi, Louisiana and Alabama that suffered the brunt of Hurricane Katrina is available from the law firm Butler, Snow, O’Mara, Stevens & Canada, …
The American Motorcyclist Association and Columbus-Ohio-based Nationwide Mutual Insurance Company have announced a new partnership. The new affiliation makes Nationwide the AMA’s “Motorcycle Insurer of Choice” and brings new benefits to the AMA’s 270,000-plus members, according to a written news …
NASD, the securities industry’s private sector regulator, has fined American General Securities, Inc. (AGSI), a member company of American International Group, Inc. (AIG) located in Houston, more than $1.1 million in connection with its receipt of directed brokerage in return …
Willis Group Holdings Ltd., the global insurance broker, has appointed Arthur Christoffersen as Western Region Risk Solutions Practice Leader. He will be working out of offices in both Las Vegas and Los Angeles. Christoffersen also will serve as a regional …
Seattle-based Safeco has named William Jenks Chief Information Office. He most recently served as executive vice president and chief information officer of worldwide operations at Publicis Groupe, one of the world’s largest advertising and media companies. At Publicis, Jenks led …
