Monthly Archives: <span>February 2012</span>

U-Haul Parent to Strengthen Loss Reserves on Discontinued Workers’ Comp Business

Reno, Nev.-based AMERCO (Nasdaq: UHAL) announced earlier this month that following an internal review of its property and casualty subsidiary’s excess workers’ compensation business, Repwest will take a third quarter fiscal 2012 charge to strengthen its loss reserves. The additional …

People

Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice president of property/casualty insurance and apparel practice Leader for USI …

Out-of-Trust C.M. Meiers Brokerage in California Fetches $1.375 Million at Auction

Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned earlier this month at a U.S. bankruptcy court near Los Angeles, with three competing bidders pushing the sales price to $1.375 million for the troubled brokerage’s assets and assumption of its …

Index of Optimism Brighter in Norcal

Things must look brighter around the San Francisco Bay. People there tend to have a more positive outlook on the economy than folks in the bay areas of Los Angeles and San Diego. That’s according to a recent Citibank survey …

Long-time California Insurance Lobbyist Looks to 2012 Legislation

John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work dating back to the early 1980s, including political battles to …

Lawsuit Seeks to Block Google’s Privacy Changes

A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month. The planned revisions would enable Google Inc. to bundle the personal information gathered by …

Independent Agency System Marked by Changes and Challenges

Robust merger and acquisition activity, carrier relocations and an aging workforce are influencing independent insurance agencies in ways an agency owner might not have experienced decades ago. But Bob Bramlett, president and CEO of The Bramlett Agency in Ardmore, Okla., …

Grade Insurance Commissioner Dave Jones

Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …

Former Cal-OSHA Chief Defends Safety Program

The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that requires California businesses to eliminate workplace hazards only works …

Declarations

Climate Change “Climate change will have major implications for the insurance industry, yet few insurance companies are identifying their potential exposure and strategies for dealing with it.” —Andrew Logan, insurance program director at Ceres, an investor group that has been …