West News

Mercury Partners with Personal Lines Growth Alliance

The Personal Lines Growth Alliance (PLGA), a coalition within the independent agency system, announced that Mercury Insurance Group is a founding financial partner. Mercury is the first of many insurance carriers that will become financial partners, according to PLGA Chair …

New Mexico Insurance Chief: ‘Sad’ Comments Led to Resignation

New Mexico Insurance Superintendent Morris Chavez announced he will resign, saying he and his family have been the targets of “sad and derogatory” online comments in the wake of a contentious health insurance rate case his office recently settled. Chavez …

Bailey to Lead Fireman’s Fund’s Entertainment Business

Novato, Calif.-based Fireman’s Fund Insurance Co. has named Lauren Bailey vice president of entertainment in commercial insurance. In this new position, Bailey will be responsible for managing the direction and priorities for the entertainment business and accountable for driving profitable …

Employers Holdings Reports Q1 Income of $16.1 Million

Reno, Nev.-based Employers Holdings Inc. has reported first quarter 2010 net income of $16.1 million or $0.38 per share compared with $20.9 million or $0.43 per share in the first quarter of 2009, a decrease of $4.8 million or $0.05 …

Colorado Rejects Bill Restricting Video Surveillance

The Colorado Senate Judiciary Committee last night defeated a bill that would have limited the use of surveillance of employees who have submitted a workers’ compensation claim. Among other things, HB 1012, would have restricted video surveillance to only when …

Calif. State Fund Revises Rate Plan; Better-Performing Accounts to Benefit

California’s State Compensation Insurance Fund announced it will not be filing a mid-year rate increase. Instead, the workers’ compensation insurance provider said it will revise its rating plan to provide underwriters greater flexibility to reward better-performing accounts. The revisions — …

Security Planning & Insurance Offers Charter School Insurance

Salt Lake City-based Security Planning & Insurance Corp., an insurance carrier in the childcare industry, has launched Charter School Insurance Professionals (CSIPros), an insurance company to focus exclusively on providing whole-package insurance to charter schools nationwide. According to Patrick Treend, …

Insurers Opposed to Calif. Workers’ Comp Bill

A workers’ compensation bill slated for a California committee hearing this week could increase pharmacy costs and fails to address underlying problems that are currently driving up system costs, according to the Association of California Insurance Companies Vice President Mark …

Lockton San Francisco Named a ‘Best Place to Work’

Lockton San Francisco has been ranked as one of the “Best Places to Work” in the Bay Area by a Bay Area business publication. “We were especially pleased to be honored as a top company in our first year participating …

H.W. Kaufman Financial Group Acquires US Reports

H.W. Kaufman Financial Group, a privately held company headed by Alan Jay Kaufman, has acquired Colorado-based US Reports Inc. – a national loss control inspection, premium audit and risk management services firm. US Reports is a family owned 70-employee risk …

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