Scientists want to know just how much shaking is going on in California house. The U.S. Geological Survey issued a request this week for volunteer homes in Southern California to host one of its earthquake sensors. The USGS says it …
California has a $1.85 trillion economy that ranks it as a global financial power, thanks in part to a multi-billion dollar boost from the property/casualty insurance industry, according to a new report. In 2007, insurers contributed $30.1 billion to California’s …
Halloween is scary fun for kids—and for some insurance agents, too. These insurance professionals make sure their clients who manage haunted houses, corn mazes, pumpkin patches and other Halloween attractions are protected should any of their tricks or treats turn …
The number of people in California hit by cars jumps 25 percent on Halloween versus the rest of October, according to Allstate Insurance Co. The insurer recently looked at its California auto insurance claims involving pedestrians over the past three …
A.M. Best Co. has upgraded the financial strength rating of Pacific Pioneer Insurance Co. to “B++” from “B+,” and issuer credit rating to “bbb” from “bbb-.” The outlook for both ratings is stable, according to the rating agency. A.M. Best …
Barney & Barney, a California insurance brokerage, has added Jennifer Sanborn to the Property & Casualty Division of its Bay Area office in Oakland. As a client executive, she will be responsible for new business development. Sanborn has spent 18 …
The weak outlook for U.S. employment could hurt insurers that cover work-related injuries. Persistently high unemployment translates to fewer workers to cover, which cuts into revenue. And workers compensation providers face higher payouts because claiming workers are staying on benefits …
L/B/W Insurance & Financial Services Inc. of Valencia, Calif., has announced that Chris Chegwin received the “40 under 40” award from the Junior Chamber International of Santa Clarita and the Signal Newspaper. Chegwin is an account executive with L/B/W.
Los Angeles-based Bedford Falls Insurance Services Inc. announced it has obtained its disadvantage business enterprise (DBE), women-owned business enterprise (WOBE), minority-owned business enterprise (MOBE) and small business enterprise (SBE) certifications, and is accepting new accounts in California.
AIA, the Asian life insurance arm of AIG, raised $17.9 billion by pricing its Hong Kong IPO at the top of its range, as investors piled into a company with a wide footprint across rapidly growing Asia. The pricing of …
