A consumer group this week accused California Insurance Commissioner Steve Poizner of adopting emergency regulations that would lead to higher rates for auto, homeowner and most other types of insurance coverage. In a sternly worded letter, Consumer Watchdog founder Harvey …
Few 77-year-olds could hold thousands of people in rapt attention for five hours. Sean Connery, maybe; Clint Eastwood, perhaps. Warren Buffett? Definitely. Buffett will be the center of attention on Saturday (May 3) at the annual shareholder meeting for Berkshire …
Insurance Specialty Group LLC, parent of Atlanta, Ga.-based Pacific Wholesale Insurance Brokers (Pacific Wholesale) entered into definitive agreements to acquire and merge with El Segundo, Calif.-based E.L.M. Insurance Brokers Inc. The combined companies will have 10 offices throughout the United …
A moderate earthquake hit a mountainous region of Northern California on Tuesday night. There are no immediate reports or injury or damage. The magnitude-5.2 temblor struck at 8:03 p.m., centered about 11 miles southeast of the town of Willow Creek …
California automobile insurance units of Allstate Corp. will lower rates by 15.9 percent by a May 12 deadline, complying with an order by the state’s insurance regulator that it had challenged, a company spokesman said Wednesday. “Yes, we are complying …
Dozens of minor earthquakes shook Reno, Nevada, on April 27 as a sequence of temblors entered its third month and prompted some frazzled residents to leave their homes. Officials recorded more than 150 aftershocks on the western edge of the …
Firefighters had to contend with gale-force winds while battling a huge brush fire that raced along the edge of a valley south of Reno, forcing a major highway to close, threatening homes, and causing the evacuation of a school. About …
QuotesAuction.com has found that more and more insurance brokerages are purchasing live transfer leads in bulk. North Hollywood, CA – April 30, 2008 — Insurance brokerages earn money by taking a large number of leads, and turning them into sales. …
A Desert Hot Springs, Calif., resident was arrested for allegedly defrauding his insurance company of $26,000, the California Department of Insurance reported. Robert Andrew Nelson, 44, was arrested in Cathedral City, Calif., on April 28 on charges of filing a …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …
