Paul K. Furlong, FCII, has been appointed southern California president of Fullerton, Calif.-based Armstrong/Robitaille Inc., according to Johannes (Johs) Worsoe, executive vice president and chairman of UBOC Insurance Inc., a wholly-owned subsidiary of Union Bank of California, N.A. Most recently, …
Calif.-based Risk Management Solutions will open an office in Hamilton, Bermuda. RMS made the announcement at a market seminar on the island that focused on recent technical developments in catastrophe modeling relevant to the insurance and reinsurance industry. The company …
Requiring insurers to submit written explanations of “for cause” terminations of company appointments is unnecessary and lacks statutory authority Rancho Cordova…The Western Insurance Agents Association, a leader in the fight against the Garamendi Agenda, submitted comments to the California Department …
The Association of California Insurance Companies has released their weekly bill roundup. The following bills that will be heard next week in the California Legislature: Senate Appropriations Committee – Aug. 15 AB 1183 (Vargas) Insurance Fraud. AB 1183 would extend …
Standard & Poor’s Ratings Services has affirmed its ‘BB+’ counterparty credit rating and ‘B+’ preferred stock rating on Zenith National Insurance Corp. (Zenith). Standard & Poor’s also affirmed its ‘BBB+’ counterparty credit and financial strength ratings on Zenith’s rated operating …
Former Senior Vice President Johannes (Johs) Worsoe, head of global markets, chairman and CEO of UnionBanc Investment Services, LLC, and chairman and CEO of UBOC Insurance Inc., has been promoted to executive vice president for Los Angeles-based Union Bank of …
Colemont Insurance Brokers announced the addition of Bob Maeyama as senior underwriter in its Dallas office. Maeyama will be responsible for the marketing and servicing of commercial insurance products to retail agents in Texas, Louisiana, Oklahoma and New Mexico through …
Las Vegas, NV – Summit Insurance Services, Inc. has an “Admitted” Insurance Program designed specifically for commercial electrical contractors in California. The program is written through Alea North America Insurance Company rated “A-” by A.M. Best and S & P. …
Nationwide Mutual Insurance Co. is targeting minorities to grow its property and casualty insurance business. Beginning this month, the Columbus, Ohio-based insurer has tailored its “Life comes at you fast” ad campaign to promote insurance policies to black and Hispanic …
Although earthquakes are among the least predictable natural hazards, losses to unprepared businesses can be substantial when they do occur. Affiliated FM, a commercial property insurer and loss prevention expert serving medium-sized companies, released actionable steps businesses can take to …
