California Insurance Commissioner Steve Poizner today announced that due to the recent frost warnings issued throughout the San Joaquin Valley, farmers should take a close look at their crop insurance policies to make sure they are up-to-date and offer enough …
Fresno Insurance agent Ismael Flores Venegas, 34, has been arrested on felony counts of embezzlement by an agent and grand theft by embezzlement, the California Department of Insurance announced yesterday. If convicted, Venegas could be sentenced to as many as …
California’s workers’ compensation insurance market will remain vulnerable to wide swings in performance unless changes are made to improve the predictability of costs, transparency of pricing decisions, regulatory oversight and consistency of the incentives facing different parties, according to a …
Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They would grow Ascension from zero revenue to …
The Toledo, Ohio-based insurance brokerage Hylant Group has appointed Tony Evans as the new president of its Chicago, Ill., office. Evans will be responsible for the strategic direction, growth and profitability of the office. This includes the daily management of …
Walnut Creek, Calif.-based Heffernan Insurance Brokers has hired Cecille Feliciano as vice president in its Los Angeles office. She will be focusing on employee benefits, new business development, and account management for employers in Southern California. Feliciano brings 15 years …
Insurance administrator CRM Holdings is being sued for $405 million by New York’s workers compensation board and faces a separate $150 million lawsuit by the state attorney general over its alleged fraud in the management of its workers’ compensation business …
Federal investigators are profiling bank robbers by giving them an online identity. The FBI and the North Carolina Bankers Association unveiled a Web site that includes photographs and information about bank robbers. It’s designed to generate information about the cases, …
Texas Mutual Insurance Company has returned a $90,643 dividend to the Texas Recreation Purchasing Group (TRPG). The group’s first dividend was based largely on its favorable loss ratio. By committing to workplace safety and helping injured workers return to productive …
West Virginia has paid out $17.7 million to resolve more than 5,000 accident claims involving state vehicles during the past five budget years. That’s one finding from an audit delivered to legislators this week. The audit also cites the lack …
