California-based PAULA Financial announced net income for the second quarter of 2002 of $0.01 per share compared to $0.04 per share for the 2001 period. For the six months ended June 30, 2002, the Company had net income of $0.04 …
Kibble & Prentice, one of the largest independent insurance brokerage firms in the Pacific Northwest, has just acquired Axelson & Associates, a Pacific Northwest business and personal insurance brokerage. Employees of Axelson, a Seattle-based firm, will join Kibble & Prentice’s …
Colorado-based SilverPlume and Insurance Services Office Inc. (ISO) have entered into an agreement that allows SilverPlume to distribute ISO content via their online product, Sage. With the addition of manuals from ISO’s loss costs, policy forms and insurance rules for …
Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division announced actions in two cases in the Inland Empire. • Truck driver Ovidio Ochoa, 43, of Hesperia, was arrested late last week by CDI Investigators. Ochoa alleged …
Standard & Poor’s Ratings Services has placed its double-‘B’-minus long-term counterparty credit and insurer financial strength ratings on ESG Reinsurance Bermuda Ltd., ESG Reinsurance Ireland Ltd., and European Specialty Ruckversicherung AG on CreditWatch with negative implications. The companies are the …
British insurance broker Benfield Greig Group reported Aug. 13 it was not in takeover talks, following a report that U.S. insurer Marsh & McLennan was discussing a potential bid with the firm, according to Reuters. Benfield commented in a statement …
State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating the …
Kemper Auto and Home, formerly Individual Family and Group (IFG) are adding a pair of training seminars to its roster. To date, more than 3,000 new and existing agents have participated in the program since it was first introduced at …
The Public Risk Management Association (PRIMA) and the American Institute for CPCU/Insurance Institute of America (the Institutes) are launching a joint project to market five of the Institute’s educational programs to PRIMA members. PRIMA and the Institutes will promote the …
International Risk Management Institute (IRMI) is seeking nominees for this year’s Gary E. Bird Horizon Award, formerly known as the Construction Risk Management Best Practices Award, to be given at the upcoming 22nd IRMI Construction Risk Conference (Nov. 11-14) in …
