Three small earthquakes rattled California’s Orange County area over a period of less than four hours on April 23. No damage was immediately reported. A separate, small temblor shook the area on April 24. The first quake, with a magnitude …
San Jose, Calif.-based Micheletti & Associates has added Charles (Chuck) Longwello and Sharon Longwello to its sales staff. With a combined experience of more than 50 years in the insurance brokerage business, the Longwellos will continue to concentrate their efforts …
Van Nuys, Calif.-based Momentous Insurance Brokerage Inc. announced that Grace Neumann is an assistant vice president. Neumann has more than 20 years experience in providing asset protection consultation and insurance services for affluent clientele in Santa Barbara and the entire …
Data security represents both a new market opportunity to sell insurance coverage and a new risk — especially for independent insurance agencies that may not be compliant with data security laws or have plans in place to protect their own …
America’s market-based economic system once created the largest economic engine in the world and gave this country one of the highest standards of living in history. However, that system now faces a credibility crisis of great proportions. The extraordinary and …
A.M. Best Co. has downgraded the financial strength rating of CAMICO Mutual Insurance Co. (CAMICO) based in Redwood City, Calif., to B++ (Good) from A- (Excellent) and downgraded issuer credit rating to “bbb” from “a-.” The outlook for both ratings …
The head of the U.S. Federal Deposit Insurance Corp said Friday that she favors a council of regulators over one entity to oversee systemic risk in the financial system. “If there was a (interagency) council for systemic risk, that would …
American International Group Inc. (AIG) named Matthew E. Winter, 52, AIG senior vice president, president and CEO of American General Life Cos., has been named vice chairman, Transition Planning and Administration, reporting to AIG Chairman and CEO Edward M. Liddy. …
Ohio Department of Insurance Director Mary Jo Hudson announced that Huey Granderson of Millersport, Ohio, has pled guilty on three counts stemming from his involvement in a Fairfield County insurance fraud ring. Granderson was the alleged ring leader of a …
A North Dakota insurance agent has been barred from engaging in the business of insurance under a cease and desist order issued by the state insurance department. According to the order issued by North Dakota Insurance Commissioner Adam Hamm, Rex …
