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Preliminary California Quake Damage Tally at $12.5 Million

A 6.5 magnitude earthquake struck off the coast of Northern California on Jan. 9, shaking buildings south of the Oregon border and knocking out power in several coastal communities. The quake hit at about 4:27 p.m. PST about 22 miles …

Nurses, Long-Term Care Facility Risk Retention Groups Merge, Expand

Atlanta-based Lewis & Clark LTC RRG, Inc., a nationwide provider of liability insurance to long-term care facilities, has merged with Sophia Palmer Nurses RRG, Inc. of Florida. Sophia Palmer RRG was established in 2006 to provide nurses in Florida with …

P/C Industry Must Strengthen Underwriting to Counter Weak Investments

The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — lower investment income. According to Dr. Robert Hartwig, president …

The Gibraltar Group Addressing Dairy Industry Risks

Insurance and risk management firm, The Gibraltar Group, headquartered in Lubbock, Texas, has introduced a new insurance program to address the risks faced by the dairy industry. Businesses served by the new program include dairy farmers, cooperative organizations, transportation companies …

Nautilus Insurance Makes Management Promotions

Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co., member companies of W. R. Berkley Corp., has promoted Susan Drebitko to assistant vice president- claims, and Renee Clyde to assistant vice president-premium accounting. Drebitko …

Keystone Insurers Group Adds 2 Agencies in Kentucky to Network

C.M. Moore Insurance of Bowling Green and Al Torstrick Insurance of Lexington will be the first franchises in Kentucky for Keystone Insurers Group (KIG), the nation’s sixth largest privately-held property/casualty agency. The two firms become part of KIG’s network of …

Crump Insurance Names Graves Associate Broker

Crump Insurance Services Inc. of Irvine, Calif., has named Marie Graves associate broker. She will assist with the marketing and placement of property and general liability risks. Previously she was a senior account executive for Partners Specialty Group. She has …

Chicago’s Alper Services LLC Welcomes Cook, Hester and Subak

Chicago-based independent retail insurance agency Alper Services LLC announced the addition of three new insurance professionals to its staff. Jeff Cook is Alper’s new vice president of Employee Benefits; Randy C. Hester is the new managing director of Financial Services; …

Labor & Industries: Washington’s Workers’ Comp System is Sound

Judy Schurke, director of Washington’s Department of Labor & Industries (L&I), said the state’s workers’ compensation system is not at risk of going insolvent and that characterizing it as such is wrong. Schurke said she is concerned that characterizations of …

A.M. Best Upgrades Farm Bureau County Mutual Insurance Co. of Texas

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” for Farm Bureau County Mutual Insurance Company of Texas (County Mutual). These ratings have been removed from …

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