California News

Report: California’s ‘Other Big One’ Could Cause $300B in Damages

California could be subject to a powerful series of storms, capable of costing $300 billion in damages — three times as much as a severe earthquake in the southern part of the state, according to a new report by the …

Krisanits Joins Old National Insurance as Regional President

Frank Krisanits has joined Indiana-based Old National Insurance as its Evansville region president. He will lead the insurance teams in the tri-state area. Before joining Old National, Krisanits held senior management roles including chief operating officer, president and CEO at …

Recent Calif. Regulator Actions Create Insurance Agent/Broker Concerns

Reflecting on Calif. Insurance Commissioner Dave Jones’ recent emergency order to enforce medical loss ratio rules requiring insurers to limit the percentage of premium revenue spent on reimbursement for “non-claim costs,” Kevin Baker of San Jose, Calif.-based Suhr Risk Services, …

Calif. Commissioner Asks Blue Shield to Delay Rate Increases

California Insurance Commissioner Dave Jones has called on Blue Shield of California to delay its implementation of a new round of substantial individual health insurance premium increases that would impact tens of thousands of California policyholders. In some instances, consumers …

Consensus: Consumer Education Needed to Reduce Disaster Losses

With more than 50 percent of the country’s population living in coastal counties, there is an urgent and extensive need to convince consumers to adopt a long-term view of catastrophic risk. That is the conclusion of a symposium organized by …

One Risk Group Names Sweeney VP

Pleasanton, Calif.-based One Risk Group LLC, a Bay Area property and casualty insurance brokerage, has hired Tim Sweeney as a vice president. Sweeney brings almost 20 years of client management, advocacy, and risk advisory experience to One Risk Group. His …

Woodruff-Sawyer Names Stygar Account Manager

San Francisco-based Woodruff-Sawyer & Co.,an independent insurance broker, has named Ann Stygar an account manager, Employee Benefits in the company’s North Bay Office. She will assist clients with strategic benefit design, medical cost management, and compliance issues. Stygar has 10 …

Berte To Run AIA Western Region

The American Insurance Association (AIA) has announced that Marjorie Berte has joined the association as its new vice president for the Western Region. Berte’s career includes experience in both the public and private sectors, most recently with the state of …

Florida Workers’ Compensation Market Remains Competitive: Report

Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market. Also, availability does not appear to be a major concern in the aggregate, although …

CompPartners Names Hutchings Account Manager

Sue C. Hutchings has joined CompPartners, a workers’ compensation, disability, and group health managed care organization, as account manager. She brings 25 years of experience to the position, having most recently served as regional workers’ compensation claims supervisor for PMA …