West News

Nationwide Buys State Trust Land for $83M, Plans for Regional HQ

Arizona State Land Department officials say a national insurance company has successfully bid $83 million for about 134 acres of trust land in Scottsdale. Nationwide Mutual Insurance Co. has plans for a mixed-use development, including a regional corporate headquarters. The …

Labor Secretary: Cost Savings in California Workers’ Comp $1.3B Annually

Cost savings in the California worker’s compensation system from reforms made five years ago are far more massive than projected, according to David Lanier, secretary of the California Labor and Workforce Development Agency. Lanier on Thursday said that $1.3 billion …

Claims from California Summer Fires Top $845M, Commissioner Blames Climate Change

California Insurance Commissioner Dave Jones on Thursday announced that insured residential and commercial losses from the Carr and Mendocino Complex fires topped $845 million and are now counted among the most destructive wildfires in the state’s history. Jones also provided …

State Farm Inks Naming Rights Deal for Arizona Cardinals Stadium

The Arizona Cardinals’ home field is changing its name to State Farm Stadium. The team announced this week that it has reached an 18-year naming rights deal with the insurance giant. The facility has been known as University of Phoenix …

Los Angeles Will Limit Popular E-Scooters in Pilot Program

Los Angeles has approved a pilot program for dockless electric scooters that could remove thousands of them from city streets. The City Council approved a one-year program limiting the number of e-scooters to 3,000 per company. David Estrada, a spokesman …

California Comp Quarterly Report: Written Premium on Pace with Last year, but an Overall Declining Trend

Worker’s compensation rates in California have been going down a while, and that has had an impact on written premium, a report released on Wednesday shows. The Workers’ Compensation Insurance Rating Bureau of California’s report looks at on insurer loss …

Lockton Names Mccoy CEO of Mountain West Operations

Lockton has named Tate McCoy CEO of its Mountain West operations. McCoy will lead more than 400 Lockton associates who serve clients from offices in Denver, Phoenix, Las Vegas and Seattle. He is responsible for new business development and advises …

Elevator Company Wants Judge to Reconsider $2M Nevada Jury Verdict

An elevator company is asking a judge to reconsider a jury’s $2 million award to a California man who claimed in a lawsuit he was injured by a sudden drop in a Lake Tahoe casino elevator. Schindler Elevator Co. filed …

California Bridge Under Construction Gets Sensors to Gather Earthquake Data

A replacement bridge under construction at the second-busiest port in the U.S. isn’t just a crucial route for cargo trucks and Southern California commuters – it’s a concrete-and-steel science experiment for engineers and seismologists. The new bridge, which will stretch …

Hub Acquires Assets of Harman Agency in Idaho

Hub International Ltd. has acquired the assets of Harman Agency LLC. Terms of the deal were not disclosed. Pepper Harman, owner of Harman Agency, will join Hub Northwest and report to Garth Hamilton, chief sales officer of Hub Northwest. Harman …

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