West News

New Mexico Sues 8 Drug Manufacturers, Distributors over Opioid Epidemic

New Mexico has sued eight opioid manufacturers and wholesale distributors, becoming the latest state or local government to file a lawsuit seeking to hold corporations accountable for a national drug addiction epidemic. New Mexico Attorney General Hector Balderas accused Purdue …

Los Angeles Agent Sentenced for Embezzling Over $100K

Suren Hovhannisyan, a former insurance agent, has been sentenced in Los Angeles County Superior Court to 180 days in jail and five years of formal probation after pleading no contest to three felony counts of Grand Theft. Hovhannisyan was also …

Prospect General Expands Admitted Residential Flood Program into Utah

Prospect General Insurance Agency has expanded Flood Guard, an admitted residential flood insurance product, into Utah. Flood Guard is an alternative to the National Flood Insurance Program (NFIP). Through its rating algorithm and online platform, Flood Guard offers affordable coverage …

New Workers’ Comp Filing Submitted to California Department of Insurance

The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the California Department of Insurance. The amended filing was based on the WCIRB’s recent review of June 30 loss experience, which …

Motel 6 Will Settle Human Trafficking Suit Involving Los Angeles Property

Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was a base for sex trafficking, drug dealers and gang members. City Attorney Mike Feuer told The Associated Press on Wednesday …

California Bill Would Force Wells Fargo to Court Over Fake Accounts

The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who say they were harmed by the bank’s fake account scandal. The legislation would prohibit the San Francisco-based bank in some …

Woodruff-Sawyer Adds Brissette as Vice President in Hawaii

Woodruff-Sawyer has named Nikki Brissette an account executive and vice president in its Hawaii-based operations, Risk Solution Partners. Brissette will be responsible for client relationships, designing risk management programs, recruitment and business and product development. Prior to joining RSP, Brissette …

Specialty Program Group Acquires Assets of Monarch E&S Insurance Services in California

Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm provides solutions for lines of business in both the commercial …

Bad Design, Poor Construction Blamed for California Dam Damage

Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as …

Charles Taylor Acquires Workers’ Comp Claims Admin Metro Risk in California

Charles Taylor plc has agreed to acquire Metro Risk Management LLC, a Southern California-based third-party claims administrator, from Nautilus International Holding Corp. Terms of the deal were not disclosed. MRM provides state and federal workers’ compensation claims administration services to …

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