California News

GCube Insurance Services Names Eisenstsat VP

Newport Beach, Calif.-based GCube Insurance Services Inc., an insurer of renewable energy technologies, announced that Sara Eisenstat has joined the company as vice president. Eisenstat will be responsible for product development and new business growth initiatives targeted at the company’s …

Hyatt Calls Injured Workers’ Claims a Union Ploy

Union-represented housekeepers filed injury complaints against Hyatt Hotels Corp. properties in eight U.S. cities Tuesday, but the company said the filing was a union ploy to gain leverage and members. The 12 filings with the U.S. Occupational Safety and Health …

Thom Smith Joins Sullivan Brokers as President

Los Angeles, CA – 9 November 2010 – Thomas E. Smith has joined Sullivan Brokers Wholesale Insurance Services as President effective November 8, 2010. Most recently, Smith was Great American Insurance Company Division President of Great American Custom Insurance Services. …

Good Friend Insurance Services Joins ISU Network

ISU International has announced that ISU Good Friend Insurance Services has joined the ISU Network. ISU Good Friend Insurance Services was founded by a group of veteran insurance agents and financial professionals to serve the Asian American community in Southern …

Actuaries Honor California’s Summers with Myers Award

The American Academy of Actuaries has honored Sheldon Summers with the 2010 Robert J. Myers Award for Public Service. Summers received the award in recognition of his contributions to the public good through his 31 years of service during his …

Gomez Joins Bolton & Co. as Assistant VP

Pasadena, Calif.-based Bolton & Co. announced that Arturo A. Gomez has joined the firm as assistant vice president. Arturo is the seventh producer to join Bolton in 2010. Arturo started his insurance career in 2005, specializing in commercial insurance as …

Calif. State Fund Revises Broker of Record Policy

California’s State Compensation Insurance Fund announced it has revised its broker of record policy, as well as filed for a 5.2 percent overall rate increase for 2011. The rate filing also includes changes that it says will better serve employers …

California Approves Amendments to Privacy Regulations

In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy regulations. The CDI filed with OAL on Sept. 22, …

EQECAT Names Keogh President

Catastrophe risk modeling firm EQECAT Inc. has announced that Bill Keogh has been named president of the Oakland, Calif.-based organization. He previously served as senior vice president of strategic initiatives. He succeeds Rick Clinton, who will continue in a consulting …

Federal Role in Catastrophe Insurance Would Increase Earthquake Coverage

A proposal for the federal government to support state-run catastrophe-insurance programs would increase the number of people buying earthquake coverage in California and modestly lower both uninsured losses and government assistance following a major quake, a new study has found. …