California News

Bedford Falls Insurance Receives Multiple Certifications

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.

AIG Raises $17.9 Billion; Prices AIA IPO at Top of Range

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 …

L/B/W Insurance Hires Suarez as Senior Account Exec

Valencia, Calif.-based L/B/W Insurance & Financial Services Inc. hired Lou Suarez as the firm’s new senior account executive. Suarez has more than 20 experience in both benefits area and property/casualty. He began his career at Health Net where he worked …

California Commissioner Hopeful: Assemblyman Mike Villines

The election for California Insurance Commissioner is a weighty one. The person selected will be in charge of regulating the approximately 1,500 insurance companies doing business in the state. Assemblyman and Republican Mike Villines recently shared his views on workers’ …

California Commissioner Hopeful: Assemblyman Dave Jones

On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why he has the experience to tackle such topics …

Record 7.7M Expected to Participate in Calif. Earthquake Drill

More than 7.7 million people are expected to shake, drop, cover and hold on in the country’s largest earthquake drill in history. The Great California ShakeOut is an earthquake drill in which participants practice how to protect themselves from falling …

The Rule Co.’s Titus Named President of SoCal Golf Association

Steve Titus, president and chief operating officer of Pasadena, Calif.-based The Rule Co., has been elected the 86th president of the Southern California Golf Association. A graduate of University of Southern California and its golf team, the San Gabriel Country …

San Bruno Gas Explosion Victims Begin Filing Lawsuits

Victims of a deadly gas line explosion that killed eight people and destroyed 37 homes in San Bruno, Calif., in September have begun filing lawsuits against Pacific Gas and Electric Co. Among the plaintiffs is Susan Bullis, who told the …

CNO Financial Approved to Consolidate Insurance Subsidiaries

CNO Financial Group Inc., based in Carmel, Ind., announced it has received regulatory approvals for the previously announced plan to consolidate three insurance companies. Under the consolidation plan, two CNO insurance subsidiaries – Conseco Insurance Co. and Conseco Health Insurance …

Union General Insurance Opens Southern California Office

Union General Insurance Services of Concord, Calif., has opened a Southern California branch office to enhance its service and marketing capabilities to retail producers in that part of the state. The operation will be staffed by Marlena Black, who comes …