California News

CSE Insurance Captures Holiday Cheer with Card Design Contest

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. …

Supreme Court to Hear Wal-Mart Sex-Bias Class Action Certification

The U.S. Supreme Court said Monday it would decide if the largest sex-discrimination class-action lawsuit in U.S. history against Wal-Mart Stores Inc. can proceed, a case involving women workers who seek billions of dollars in damages. The nation’s highest court …

Risk Strategies Completes Merger Of Cohn-Reid-O’Neill Insurance Services

Risk Strategies Co. (RSC), a national insurance brokerage and risk management firm based in Boston, has completed the merger of Cohn-Reid-O’Neill Insurance Services Inc. (CRO) in Burlingame, Calif., with its West Coast operations. Focused on providing insurance brokerage and employee …

Insurance Industry Outlook Improving, Slightly

The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry economist. The property/casualty insurance …

Court: Insurance Doesn’t Cover Milwaukee Priest Sex Abuse

The Archdiocese of Milwaukee’s insurance company doesn’t have to pay damages that could arise from more than a dozen lawsuits involving sex abuse by priests, a state appeals court has ruled. The 1st District Court of Appeals decision, if it …

Employees Beware: Employers Monitor Twitter, Facebook, Internet Posts

Those photos on Facebook showing you palling around with drunks, the raunchy joke you posted on Twitter, and those links to politically incorrect groups on your personal web site -all of this information can now become part of your job …

Fireman’s Fund Ready to Rally

Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said he’s “very bullish” about …

Employers With Foreign Labor Face Increased Liability

Insurance Considerations for Agents Insuring Agricultural Employer Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable workforce due to the “dirty” or menial nature of certain …

People

Oakland, Calif.-based catastrophe risk modeling firm EQECAT Inc. named Bill Keogh president. He will be based in the Hackensack, N.J., office. Keogh previously served as senior vice president of strategic initiatives. He succeeds Rick Clinton, who will continue in a …

California Self-Insured Group Declared in Default

The Contractors Access Program of California (CAP), a self insured group, has been declared in default due to insufficient funding required for continued operation, California’s Department of Industrial Relations (DIR) Director John C. Duncan announced. Duncan said the default was …