The commercial operations of SAFECO Business Insurance (SBI) and SAFECO Commercial Insurance (SCI) will be consolidated into one organization in an effort to concentrate on small- to medium-sized business accounts, SAFECO announced on May 17. The new combined operation is …
One of San Diego’s best-known independent insurance brokerage firms, Robert F. Driver Co. Inc., is becoming part of Alliant Resources Group Inc., an insurance brokerage and financial services distribution company. Driver Chairman and CEO Tom Corbett told IJ that the …
A Stockton, Calif. man and woman were arrested by investigators from the California Department of Insurance (CDI) on three felony counts each of insurance fraud. Frankie Lopez II, 26, and Gina Marie Martino, 27, were arrested and booked into the …
Legislation sponsored by the American Insurance Association (AIA) moved one step closer to becoming law when the California State Assembly voted Thursday to approve a measure continuing the 20-percent premium tax credit for insurers that invest in certified community and …
Bellevue, Wash.-based Baldwin Resources Group Inc. (BRG), a provider of commercial insurance and capital formation services, selected Enterprise System Solutions Incorporated (ESSI) as the exclusive provider of network security solutions for all clients of BRG’s Insurance Division. BRG underwrites more …
Millions of small businesses stand to benefit from the just-enacted Restoring Earnings To Lift Individuals and Empower Families (RELIEF) Act, which institutes changes that will lower tax bills and help perpetuate family-owned enterprises, according to Independent Insurance Agents of America …
Switzerland’s Winterthur Insurance Group became the first private corporate donor to the United Nations fund to fight the AIDS epidemic, pledging a donation of $1 million. Winterthur, the insurance arm of the Credit Suisse, plans to deliver the money next …
A report from Swiss Re Canada’s assistant vice-president Glenn McGillivray highlights an increase of 8 points in loss ratios in the automobile insurance market in the Province of Ontario. The rise in the loss ratio – 82.21 in 200 vs. …
Willis Group Holdings released a prospectus in connection with its public share offering giving compensation figures for CEO Joseph Plumeri, who took over management of the world’s third largest insurance broker last October. Plumeri’s five year contract provides for an …
Meetings in Shanghai between U.S. trade representative Robert Zoellick and China’s Foreign Trade Minister Shi Guangsheng have apparently produced “a consensus on major issues” further clearing the way for China’s admission to the World Trade Organization. The main difference centered …
