November 19, 2012
The “B” word may have been the most lethal weapon against an automobile insurance portable persistency initiative put to Californians, the second such initiative in the last two years to be defeated. California’s Proposition 33, the 2012 Automobile Insurance Discount …
November 14, 2012
Now that it has sold its equity stake in Hispanic-focused auto insurance broker Confie Seguros, Genstar Capital LLC appears to be on the hunt for another insurance concern. The San Francisco, Calif.-based private equity firm on Friday sold off its …
November 9, 2012
Confie Seguros was acquired by Boston-based private equity firm ABRY Partners in a deal that closed on Friday under which the rapidly expanding auto insurer focused on the U.S. Hispanic market says will help it grow to double or triple …
November 8, 2012
Washington Insurance Commissioner Mike Kreidler won nearly six in 10 votes in his re-election bid, giving him bragging rights as the U.S.’s longest currently serving insurance commissioner. Kreidler won 57.7 percent of the vote, while insurance broker John Adams, his …
November 7, 2012
The “B” word may have been the most lethal weapon against an automobile insurance portable persistency initiative put to Californians, the second such initiative in the last two years to be defeated. California’s Proposition 33, the 2012 Automobile Insurance Discount …
November 7, 2012
Update: Californians Lump Props. 32 and 33; a Referendum on the ‘B’ Word The second automobile insurance persistency initiative put to Californians in the last two years was defeated. California’s Proposition 33, the 2012 Automobile Insurance Discount Act, was defeated …
November 5, 2012
Attack, attack and attack again. That’s been the modus operandi of each side in the Proposition 33 campaign, an initiative on the California ballot that enables automobile insurance consumers to take the loyalty discount they get with their current insurer …
November 5, 2012
It’s interesting to see what’s on people’s minds as potential catastrophes develop. Google’s top search on Oct. 29 as Hurricane Sandy approached the East Coast were for the “Weather Channel,” with more than half-a-million such searches recorded by midday Pacific …
November 5, 2012
A day before more than 9 million people in California took part in a massive nationwide earthquake drill in mid-October, U.S. Geological Survey seismologist Lucy Jones stood in a room full of risk professionals in the San Fernando Valley and …
October 31, 2012
Fresh on the heels of Hurricane Sandy’s destruction historical climatologist Evelyn Browning-Garriss on Wednesday said the weather phenomenon that generated the nearly 1,000-mile wide storm that slammed into the East Coast is here to stay for a while. Due to …