Monthly Archives: <span>August 2008</span>

Unico American Corp. Reports Second Quarter 2008 Financial Results

Unico American Corp., an insurance holding company based in Woodland Hills, Calif., that, through its subsidiaries, including Crusader Insurance Co., offers a variety of property and casualty insurance products and services, announced its financial results for the second quarter ended …

ABD Insurance Acquires Martin Financial/Insurance Services

ABD Insurance and Financial Services, a part of Wells Fargo Insurance Services, has acquired the assets of Santa Rosa, Calif.-based Martin Financial/Insurance Services. The acquisition adds to Wells Fargo’s Northern California presence, which now totals 2,500 team members in 51 …

Abram Interstate Offers New Market for Plumbers

Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new program for plumbers. The program includes custom tailored coverage for residential and commercial projects. ACORD 125, 126, and contractor’s supplement are required for a quotation. Occurrence form is …

Hockert Joins Wausau Signature Agency in Minnesota Office

George Hockert has joined Wausau Signature Agency (WSA) as the director of sales in the agency’s Eagan, Minnesota office, with responsibility for Minnesota, Iowa, North Dakota, South Dakota, and Western Wisconsin. Hockert has more than 15 years of experience in …

ACE Private Risk Services Expands to More States

ACE Private Risk Services, part of the ACE Group of Companies, expanded the availability of its ACE Platinum Portfolio policy to serve its policyholders in states representing 60 percent of all homes valued at $1 million or more in the …

Thoits Names Carranza VP

San Jose, Calif.-based Thoits Insurance Service Inc. named Pelayo Carranza vice president. Pelayo brings 14 years of experience to this role. He began his insurance career as a personal lines producer with a local brokerage. He moved into commercial lines …

An “Animated” Corporate Gift for Insurance Professionals

Warner Bros. animation art, museum-quality framed and personalized. Los Angeles, CA (August 13, 2008) – Wile E. Coyote has just blown himself up again in “Risk Management,” an entertaining and colorful limited edition fine art lithograph taken from “Fast and …

There’s No Crying in Insurance

Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins. There may be some truth to the big brokers’ complaints …

Small Businesses Lose $200K to Fraud, Survey Reports

U.S. organizations lose an estimated 7 percent of their annual revenues to fraud – but damages are more among small businesses, according to a new study. The median loss suffered by organizations with fewer than 100 employees was $200,000, higher …

Allianz Group and Fireman’s Fund Team to Combine Marine Insurance Business

Allianz Global Corporate & Specialty (AGCS), the industrial insurance arm of the Allianz Group, and Fireman’s Fund Insurance Co, an Allianz general insurance unit in the United States, are combining their marine insurance businesses,. The two Allianz subsidiaries will be …