A bill to allow the Washington’s insurance commissioner to order restitution for policyholders harmed by insurance companies moved out of the state Senate Business, Financial Services, and Trade Committee. Senate Bill 5331 gives the commissioner authority to require insurers to …
Washington Insurance Commissioner Mike Kreidler reached out to insurance company CEOs in a letter and urged them to stand behind their recent pledges to end discrimination and racial inequities by supporting his proposal to ban the unfair practice of using …
California Insurance Commissioner Dave Jones on Wednesday issued a notice to property/casualty insurers doing business in California advising them that so-called “price optimization” in rate making is unfairly discriminatory and violates the law. Price optimization is the practice of setting …
Bolton & Co. has opened an office in Santa Clara, Calif. to serve its clients in Northern California. Bolton’s Santa Clara office will serve a diverse client base, ranging from nonprofit organizations, technology and construction companies to educational institutions. Pasadena, …
The National Insurance Crime Bureau today released a historic look at vehicle theft in California that shows thefts dropped from a peak year in 1992 more than a 48 percent to 2013. California has the distinction of being the only …
Capital Insurance Group, a regional property/casualty insurer serving the Western U.S., has named L. Arnold Chatterton as president and CEO. The decision by the board of directors and the appointment follows Peter Cazzolla’s announcement that he would be retiring his …
Los Angeles, Calif.-based Select Guard Insurance Services LLC has joined The Iroquois Group. Select Guard, division of Westwood Group LLC, offers a range of insurance products with a focus on power sports vehicle insurance. Iroquois is property/casualty insurance agency with …
Sullivan Brokers Wholesale Insurance Solutions named Jim Sce to the firm’s casualty practice group as vice president. Sce will work in the Los Angeles, Calif. office. Sce has expertise in construction classes, as well as experience in all casualty lines …
Hub International Insurance Services Inc. named Artem Ilinets vice president in the San Francisco, Calif. commercial division. Ilinet’s primary role with Hub will be the deployment of risk aversive insurance solutions for business clients throughout the state. Prior to Hub, …
Insurers have become increasingly competitive and are reducing rates for most accounts as a result of low global insured catastrophe losses and added capacity from non-traditional market sources, according to wholesale insurance broker-NAPCO’s biannual State of the Market: NAPCO Property …
