California News

America’s Best Independent Agencies to Work For

Salaries and Benefits Lead but Quality of People and Relationships Win Votes, Too 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 …

Ryan Group Denies Wrongdoing by Former Employee

North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …

People

Elizabeth Heck has been named president and chief operating officer of New York-based GNY Insurance Cos. She is a 20-year veteran of the insurance industry. She began her career with Ernst & Young, and worked in senior corporate accounting positions …

People

K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

Agents to Calif. State Fund: Please Pay Commissions

Insurance agents and brokers want the California State Compensation Insurance Fund to change its broker of service policy and instead recognize broker of record (BOR) letters. While the policy not to recognize BOR letters is not new, the Alliance of …

Commercial Program Insurance Services Starts Up in Pasadena

A new managing general agent facility has formed in Pasadena, Calif. Under the leadership of President Robert Markese and Senior Vice President Hal Thompson, the new company — called Commercial Program Insurance Services — will offer specialized programs, commercial general …

Employers Names Morton VP of Sales, Hedglin VP of Business Development

Reno, Nev.-based Employers announced that David Morton has been promoted to vice president of sales, strategic partnerships and alliances, and Stephen Hedglin has been promoted to vice president of business development for strategic partnerships and alliances. In his new role, …

U.S. Group Health Premiums Rose 3% in 2009; Individual Up 15%

U.S. health insurers took in 7 percent more revenue from premiums from individual, group and other policies in 2009 than in the previous year, even as the number of those people with coverage fell, according to a report released on …

The Hartford Targets Renewable Energy Firms with New Insurance Unit

The Hartford Financial Service Group Inc. has formed a Renewable Energy Unit to address the unique and evolving needs of the rapidly growing renewable energy industry. The new unit will provide specialized underwriting and property and casualty insurance products for …

Calif. Rating Bureau Wants to Lower Recommended Workers’ Comp Rate 2%

The Workers’ Compensation Insurance Rating Bureau of California announced it will be amending its recommended rate filing to the state insurance commissioner, recommending a 27.7 percent increase in the claim cost benchmark, instead of a 29.6 percent increase in the …