AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of The California Casualty Indemnity Exchange in San Mateo, Calif., and its wholly owned subsidiaries. …
Arthur J. Gallagher & Co. has acquired Rocklin, Calif.-based Abram Interstate Insurance Services Inc. Terms of the deal were not disclosed. Ron Abram and his associates will remain in their current location under the direction of Joel Cavaness, president of …
Nevada’s attorney general is recommending approval of a $25 million settlement with homeowners and insurance companies who sought more than $300 million in damages from the state after a fire destroyed 24 homes south of Reno when strong winds reignited …
A wrongful death lawsuit claims dangerous work conditions and a Wyoming developer’s negligence caused the deaths of two men when a trench collapsed last year. The Jackson Hole News and Guide reports the lawsuit was filed Tuesday on behalf of …
Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a service to all of its California home and landlord policies, helping customers prepare their property for a fire by different …
Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees. “We can make independent work better if we update century-old employment …
Average conditions are predicted for the Wyoming wildfire season this year, but officials say they expect the season to be less severe than last year. Wyoming Public Radio reports State Forester Bill Crapser says fire predictions are below average for …
Two insurance fraud suspects pleaded guilty and one suspect entered a diversion program after investigations by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. Abdikarin A. Mohamed pleaded guilty in King County Superior Court to one count of filing a false …
Sacramento will pay $5.2 million to the family of a man who was repeatedly shocked by police Tasers and left with severe brain damage, according to a newspaper report. The City Council voted in a closed-door session to settle an …
Ten WCF direct agents have joined Leavitt Group. Calob Johnston and Mary Ann Moser will join Dixie Leavitt Agency in St. George, Utah. Eric Torgersen, David Melling, and Angie Thurman will join Wasatch Leavitt Agency in Orem, Utah. Roger Gardner, …
