California News

Homeowners’ Madoff Claims Not Covered Under AIG Policy: Judge

American International Group Inc. need not make payments to some former Bernard Madoff clients who said their homeowner insurance policies entitled them to coverage for alleged losses, a judge ruled. Two California residents, Robert and Harlene Horowitz, had alleged $8.5 …

Schwarzenegger Signs Homeowners Insurance Disclosure Law

California Gov. Arnold Schwarzenegger has signed into law new rules designed to make it easier for understand their choices when purchasing homeowners insurance. AB2022 will, on July 1, 2011, revise the mandatory language of the California Residential Property Insurance Disclosure …

Safeco Names Alexander Regional General Manager in California

Safeco Insurance has appointed Chris Alexander to regional general manager for its California region personal lines operation. Alexander will be based in Aliso Viejo, Calif., and comes to this position from New York, where he most recently was Safeco’s region …

Calif. May Stop Paying Some Workers’ Comp Benefits

About 2,700 injured workers in California may not receive the workers’ compensation benefits they are entitled to because the state has not yet passed its budget. According to Susan Gard, chief of legislation and policy for the California Division of …

Best Independent Agencies to Work For

The results are in from the 2010 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For in 2010 accent different programs or benefits depending upon their employee needs, their …

Best Overall Agency to Work For: Barney and Barney LLC

San Diego, Calif.-based Barney and Barney LLC, ranked No. 33 on Insurance Journal’s Top 100 list, has grown year-over-year throughout the past 10 years. This privately held independent agency generated revenues of $36.61 million in 2009, including property/casualty written premiums …

Best East Agency to Work For: KMRD Partners Inc.

When Kevin McPoyle and Robert Dietzel founded their namesake independent agency, KMRD Partners Inc., six years ago, they aimed to create a unique business model that blended high-level expertise in risk management techniques with an agencywide emphasis on relationship-building. And …

Best South Central Agency to Work For: Bryan Insurance Agency

“I would never consider leaving this agency for another job.” That’s what one obviously very happy employee said of Bryan Insurance Agency in Graham, Texas, one of Insurance Journal’s 2010 Best Agencies to Work For. That employee was not alone …

Calif. Governor Vetoes Workers’ Comp Measure

California Gov. Arnold Schwarzenegger has vetoed a workers’ compensation measure that would have required a physician who conducts a utilization review of workers’ comp medical treatment to be licensed in California (AB 933). “Such a requirement would be inconsistent with …

Best Southeast Agency to Work For: Seitlin

The employees at Florida-based insurance agency and advisory services firm Seitlin appreciate their salaries, bonuses and wellness program. But for them, their working environment is exemplary not just for what the agency does for them but also for what the …