Yacht and boat coverage in Calif., Ariz.Nuts & Bolts: Abram Interstate Insurance Services Inc., Rocklin, Calif., is offering a standalone watercraft program for boats and yachts of all sizes, up to 15 years old. Coverage includes physical damage on hull, …
Calif. pair arrested for fraud, grand theft and conspiracy charges California Insurance Commissioner John Garamendi has reported that Troy Portillo, a body shop manager, and Gabi Zaarour, a parts department manager, were arrested in the city of Torrance for insurance …
While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without a hitch. For the first time, the International Olympic Committee purchased an event cancellation policy …
Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third parties injured when a policyholder failed to …
Californians believe that their state is prone to disasters, but they see little motivation to prepare for nature’s crushing blows, a new poll has found. The poll, sponsored by the Insurance Information Network of California and Fireman’s Fund Insurance Co., …
Damage inspectors from the Federal Emergency Management Agency (FEMA) have begun meeting with California homeowners and renters who registered for disaster assistance after the severe flooding in December and January. FEMA schedules inspections to verify property damage and losses within …
Unlike other sales and service companies, independent insurance agencies have a management function in their daily operations. Most property and casualty insurance agencies agree not only to sell and service insurance products, but they also receive transacted premiums, maintain them …
The Spokane, Wash., City Council will decide whether to terminate a contract with a private ambulance company that overbilled hundreds of patients and insurance companies more than $320,000. The fire department was supposed to oversee the ambulance contract. An audit …
Seattle-based Safeco Insurance Companies has appointed Michael LaRocco as president and chief operating officer. In that expanded role, LaRocco will bring together the company’s property and casualty operations, and will have profit-and-loss responsibility for all Safeco product lines, including product …
As many as 15 percent of Montana vehicles lack required liability insurance, and current penalties against the owners don’t act as much of a deterrent, the state’s legislative auditors reported. Legislative auditors, in a 26-page investigation, said they estimate between …
