American International Group, Inc. has appointed Charles Williamson as president of the AIG Private Client Group, which serves the insurance and risk management needs of high net worth individuals. He succeeds Ross Buchmueller, who has left the organization. Christopher L. …
California Insurance Commissioner John Garamendi announced plans to expand the California Low Cost Automobile Insurance Program CLCA) to eight counties in 2006. Recent legislation — Senate Bill 20 — recently expanded the program to six counties, effective April 1, 2006. …
A former employee of a San Diego custom kitchen cabinet company was sentenced in San Diego County Superior Court on one count of workers’ compensation insurance fraud. Superior Court Judge Timothy Walsh ordered Joseph Pankey, 38, of Santee, Calif., to …
The Ohio Department of Insurance recently announced that years of escalating premiums for medical malpractice insurance for the state’s doctors may be ending. For the first time in six years, an insurer is lowering rates, the Ohio Department said. Medical …
The Meacham Group, which provides insurance and health benefits to school districts, businesses and individuals, is merging with Baldwin Resource Group, a Bellevue, Wash.-based company specializing in insurance, risk management and business consulting. The newly merged Baldwin Resource Group Inc. …
The Insurance Educational Association and Chartered Property Casualty Underwriters Society’s (CPCU) Mt. Diablo chapter will be hosting its 7th Annual Educational Forum, “Forecasting the Future,” on Thursday, April 6, 2006. The forum is available for three continuing education credits. Topics …
Sovereign Risk Insurance Ltd., a joint venture between ACE Bermuda Insurance Ltd. and XL Insurance (Bermuda) Ltd., reported that effective Feb. 1, 2006, it is intended that the company will become wholly owned by ACE and write business solely for …
Although the overall market trends in both pricing and terms and conditions will not be fully developed until the July 1, 2006, Florida renewals are complete, and Standard & Poor’s says it is concerned that the improvements in pricing and …
A former South Dakota insurance agent has changed his plea in a fraud case. Ryan Wingler, 33, of Sioux Falls, is accused of taking more than $170,000 from elderly South Dakota customers between 2004 and 2005 while acting as their …
Microsoft Corp. has agreed to pay $209.5 million for the Redmond, Wash., office campus of Safeco Corp., the insurance company said in a regulatory filing Wednesday. The terms of the deal give Microsoft, Safeco’s neighbor in the Seattle suburb, 30 …
