PartnerRe Ltd. joined the growing list of companies, reporting sharp fourth quarter and full year net income decreases. The Bermuda-based reinsurer posted Q4 net income of $95.3 million, compared to the $180.6 million it earned in the same period of …
Intel Corp., based in Santa Clara, Calif., has filed a $50 million lawsuit against its insurer, New York-based American Guarantee and Liability Insurance Co. (AGLI), for failing to cover litigation costs it believes it purchased coverage for. According to its …
Insurance Brokers and Agents of the West (IBA West) CEO Clark Payan recently installed the associations new officers and directors. Following will serve in 2009. President Richard E. Dinger of Crescenta Valley Insurance, Glendale, Calif.; President-Elect: Kevin M. Baker of …
Carl Morello, assistant vice president for loss control at Sequoia Insurance Co., has taken over responsibility for Sequoia’s internal underwriting staff while continuing to lead the company’s loss control efforts. He replaces Aaron Kuluk, who moves to Sequoia’s Personal Express …
Take a guess — how long are the dashed lines that are painted down the middle of a road? If you’re like most people, you answered, “Two feet.” The real answer is 10 feet. That’s the federal guideline for every …
When an earthquake larger than magnitude 3 strikes the Northwest, an automated system is supposed to page University of Washington seismologists and notify emergency managers. But that’s not what happened on Jan. 30, 2009, when amagnitude-4.5 jolted the state. Because …
Sloan Mason has introduced a new program for Ready-Mix, Asphalt and Aggregate Facilities, available in all 50 states. The new program provides general liability, auto coverage, workers’ compensation, umbrella liability, inland marine and property coverage through an A.M. Best “A” …
San Francisco-based American E&S Insurance Brokers has introduced AESPro, a nationwide professional liability program for architects and engineers, technology media, and miscellaneous professional liability risks. This broad form coverage is available for almost any class and any size of business, …
Lori Ault has joined S. H. Smith & Co., a national specialty insurance broker, as vice president of Sales. She will be part of the Midwestern sales team located out of S. H. Smith’s office in Ohio. Ault’s responsibilities will …
Texas State Representative Bill Callegari (Katy) has filed two measures to cap increases in property tax appraisals for commercial property. The bills, HB 979 and HJR 49, limit annual appraisal increases for commercial properties to ten percent. Unlike residential homestead …
