Privately-owned wholesale insurance firms, Brown & Riding of Los Angeles and Alexander, Morford & Woo of Seattle have announced that they will merge their operations as of Dec. 31, 2010. The combined entity will serve retail brokerage clients throughout the …
Mercury Insurance announced a $72-million rate reduction for California drivers that includes a rate decrease that could reach up to 10% or more, a new group affiliation discount for university alumni, and the inclusion of 24-hour roadside assistance for auto …
California State Compensation Insurance Fund, the state’s largest provider of workers’ compensation insurance, announced it is consolidating its business operations, a move it expects will save nearly $200 million in operating costs. Beginning in September 2011, State Fund will significantly …
A California Assemblyman has proposed a bill aimed at preventing pipeline explosions like the natural gas blast that killed eight people in Northern California. A bill introduced by San Mateo Assemblyman Jerry Hill would require utilities to share their emergency …
California employers, by and large, saw lower experience modifications in 2010, thanks to changes to the experience rating formula. On Nov. 9, 2009, California Insurance Commissioner Steve Poizner issued a decision approving several changes to the experience rating formula including …
Newport Beach, Calif.-based Alliant Holdings I Inc. has announced that it intends to raise $160 million principal amount of incremental senior secured term loans due August 2014. Proceeds of the Facility will be used to finance contemplated acquisitions.
California Division of Workers’ Compensation (DWC) acting Administrative Director Carrie Nevans has appointed the Hon. Alice Vilardi as chair of the workers’ compensation ethics advisory committee, and re-appointed Michael McClain, Steve Siemers, and Robert Ruby to membership positions on the …
Pleasanton, Calif.-based E-Comp has released a wholesale broker program called E-Comp that allows brokers to compete in the pay-as-you-go marketplace with a workers’ compensation insurance program. Workers’ compensation integrated with payroll has gained popularity across the country, according to the …
California Insurance Commissioner Steve Poizner has issued a report card highlighting the progress of the Department of Insurance during the past four years, including his successful efforts to maintain solvency and stability in the insurance market amidst the biggest financial …
To liven up its holiday cards this year, CSE Insurance Group ran a contest in which the children and grandchildren of its agents submitted artwork. The card illustration contest “enabled us to involve our agent force on a fun level. …
