Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation found she allegedly stole more than $62,000 in insurance premiums from at least 10 …
A Colorado funeral home where 189 decaying bodies were discovered this month appears to have fabricated cremation records and may have given families fake ashes, according to information gathered by The Associated Press from customers and crematories. The families that …
White Mountains Insurance Group, Ltd. entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC (“Bamboo”), an MGA focused on the California homeowners insurance market. White Mountains expects to invest roughly $285 million, including primary …
USI Insurance Services acquired Honolulu, Hawaii-based Cavanah Associates Inc. Cavanah Associates is an independent brokerage firm specializing in commercial and personal risk insurance programs. Terms of the transaction were not disclosed. USI is an insurance brokerage and consulting firm offering …
Scott Canales has joined Alliant Insurance Services as executive vice president, Alliant Specialty. Based in Los Angeles, Calif., Canales has spent 38 years in the construction industry, with 31 years as a construction insurance broker. He was most recently in …
A magnitude 4.2 earthquake shook part of Northern California between the state capital and the San Francisco Bay region on Wednesday, setting off automated quake alerts, the U.S. Geological Survey confirmed. The 9:29 a.m. quake was centered in the agricultural …
Washington Insurance Commissioner Mike Kreidler imposed a $500,000 fine against UnitedHealthcare Insurance Company for reportedly failing to demonstrate how it administers its mental health and substance use disorder benefits in accordance with state and federal laws. Half of the fine …
The withdrawal of major homeowners insurance companies in the California market made national headlines, but news just as concerning and impactful is California’s private passenger auto insurance market. Much like the homeowners market, the PPA market has seen significant changes …
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bb” (Fair) from “bbb-” (Good) of Civil Service Employees Insurance Company and CSE Safeguard Insurance Company, which together comprise …
The California Labor Commissioner’s Office cited Hyatt Regency Long Beach $4.79 million for reportedly failing to timely offer job positions to 25 employees laid off during the COVID-19 pandemic once the hotel increased its business operations and began rehiring employees. …
