Rancho Cordova, Calif.-based Allstate Insurance Company announced several promotions. Phil Telgenhoff was promoted to the position of regional distribution leader. He will have complete accountability for more than 1,300 California sales professionals who are responsible for selling a range of …
The California Workers’ Compensation Insurance Rating Bureau’s Governing Committee approved the filing of an average 5.2 percent decrease in advisory pure premium rates to be effective on policies incepting on or after Jan. 1, 2006. The recommended decrease was based …
Insurance Commissioner John Garamendi issued the following statement today in regard to the jury’s award of $700 million in punitive damages against Artemis S.A. for its participation in a conspiracy to defraud the Executive Life estate: “Today the jury found …
Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 to 40 percent of medical costs in most states, according to a new study by the …
Gainsco Inc., a Dallas-based property and casualty insurance holding company specializing in nonstandard personal automobile insurance, announced it has been approved for listing on the American Stock Exchange (Amex). Gainsco’s common stock is expected to begin trading on the Amex …
The U.S. Department of Labor has announced that California’s State Average Weekly Wage (SAWW) rose from $806.11 to $838.42 for the 12 months ending March 31, 2005 – remaining just below the threshold level of $840 that would have required …
ISU International announced that the latest addition to the network is C.H. Edwards Agency of Farmingdale, N.Y. The newest ISU agency was first opened in 1925. Since that time, the agency has established a clientele which spans all across the …
Vince Polito has been hired as a property broker at Crump E&S of California Insurance Services. He specializes in underwriting and brokerage with an emphasis on property lines. From 1993-2005, Polito served in several positions at Marsh USA in its …
Torrance, Calif.-based Keenan & Associates announced that Tom Russo has been promoted to the position of Northern California Practice Leader for Schools–Property & Casualty. Keenan serves 800-plus California school district clients. Bill Poland, President, Property and Casualty Division of Keenan, …
Tustin, Calif.-based National Advantage Insurance Services Inc. hired Tracy L. McNicol as an underwriter. She will be responsible for both commercial and personal lines. McNicol was most recently employed as commercial package/auto underwriter at Robert Moreno Insurance Services in Fullerton. …
