Golden Bear Insurance Co. News

Golden Bear in California Upgraded by AM Best

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Golden Bear Insurance Co. in Stockton, Calif. The outlook of these ratings has been revised …

Surplus Lines Pioneer Hall Remembered as Well-Respected Leader

Michael J. Hall, founder of M.J. Hall & Co. and Golden Bear Insurance Co., was a well-respected leader in the admitted and surplus lines industries. Hall, who was 81, died on Tuesday. He established himself early on as an industry …

Golden Bear in California Names Shreve Vice President

Golden Bear Insurance Co. in California has named Gary Shreve vice president and primary casualty manager. Shreve has more than 30 years of experience. He began his career with the Aetna Casualty & Surety Co. as a multi-line underwriter. He’s …

California’s 1st Cannabis Insurer Expands Coverage

California Insurance Commissioner Dave Jones approved a filing from Golden Bear Insurance Co. amending its California Cannabis program product to lower rates, expand coverage options, and expand the classes of business they will cover. Jones last year approved a Golden …

Claims Manager at Golden Bear in California Addresses Agency Fraud

Beth Ossino, claims manager at Golden Bear Insurance Co. in Stockton, Calif., puts dealing with agency fraud high on her radar. She talked with Insurance Journal about agency fraud, and how agency owners should go about avoiding being involved with …

Golden Bear in California Upgraded to A.M. Best A- VII Rating

Stockton, Calif.-based Golden Bear Insurance Co. announced that its A.M. Best issuer credit rating has been upgraded from “A- VI” to “A- VII” (Excellent). “Our rating reaffirms the deep level of experience among the Golden Bear team in underwriting property …

California Has Another Great ShakeOut

At 10:16 a.m. on Thursday employees at Golden Bear Insurance Co. were all under their desks practicing good risk management. Oct. 16 marked another Great ShakeOut event in California. According to California Insurance Commissioner Dave Jones, today more than 10 …

Abacus Brokers, Golden Bear Launch Online Earthquake Program

Abacus Insurance Brokers Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has partnered with Golden Bear Insurance Co. for its new online residential earthquake program. The program enables a homeowner to select from a variety of …

Golden Bear Names Brown Property Manager, Takamoto Chief Risk Officer in California

Stockton, Calif.-based Golden Bear Insurance Co. has promoted Michael Brown to the position of property manager. Brown has been with Golden Bear since 2002 as an executive underwriter. Brown’s promotion follows the promotion of Ed Takamoto, formerly property manager, to …

Golden Bear Opens First Office in Pacific Northwest

Stockton, Caif.-based Golden Bear Insurance Co. has opened its first office in the Pacific Northwest. The new office is in Edmonds, Wash. It was opened by Golden Bear Vice President Carl Heckman and his team, and Sarah Cress and Kim …