May 5, 2010
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 — …
May 4, 2010
Grass Valley, Calif.-based Networked Insurance Agents, a subsidiary of Strongwood Insurance Holdings Corp., has announced its acquisition of AmCom Insurance Services Inc. AmCom, established in 1996, is a full service managing general agency located in San Ramon, Calif. James Furey, …
May 4, 2010
Streamlining the insurance buying and risk management process can be an attractive offer to entertainment businesses. This is especially true in a locale like San Diego, which has served as the background for such classic films as “Top Gun,” Lethal …
May 4, 2010
California’s Department of Industrial Relations (DIR) has appointed Bickmore Risk Services and Consulting as conservator for the Contractor’s Access Program of California (CAP), which is a self-insured group that has insufficient deposits to cover estimated future liabilities. The conservator has …
May 4, 2010
Anderson & Murison Inc. has announced two promotions in the company’s Personal Lines Department. Kris Pappas has been promoted to vice president – personal lines. She has been with A&M for more than 12 years, and has led the expansion …
May 4, 2010
A Los Angeles jury has awarded more than $200 million to the wife of a retired Department of Water and Power worker who was diagnosed with a rare form of cancer apparently caused by washing her husband’s asbestos-contaminated work clothes. …
May 3, 2010
California geology officials have released an updated state seismic activity map that they hope will improve earthquake preparedness and construction decisions.The map, which had not been updated since 1994, includes more than 50 surface fault lines discovered over the past …
May 3, 2010
San Francisco-based Woodruff-Sawyer & Co. announced that Carolyn Polikoff has been named the new Corporate & Executive Protection (CorpEx) Practice leader. She will be responsible for providing vision and strategic focus for the practice that includes directors and officers liability, …
May 3, 2010
In a ruling that’s being closely watched by some insurers, a Thurston County, Wash., judge has affirmed that the state insurance commissioner may hold an insurance company liable for the actions of the company’s appointed agent. “If you allow someone …
May 3, 2010
Los Angeles-based Mercury General Corp. has reported net income in the first quarter of 2010 of $61.2 Million, $35.5 million less than the $96.7 million net income reported for the same quarter in 2009. Operating income for the first quarter …