California News

Networked Insurance Agents Promotes Three to Assistant VPs

Networked Insurance Agents of Grass Valley, Calif., has promoted three managers. Mike Carrington and Joann Webb were promoted to assistant vice presidents, commercial lines. In his new role, Carrington will be responsible for the account management renewal team and affiliate …

People

Aliso Viejo, Calif.-based LaBarre/Oksnee insurance brokers promoted Jeff Leane to the newly created vice president of sales position. He is charged with leading the development and implementation of sales strategy and growing the company’s sales organization. He has more than …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Speaker and Entertainer No-Show, Cancellation Coverage Market Detail: HCC Specialty Underwriters can provide coverage for …

Schafnitz Purchases Brakke-Schafnitz

Matthew F. Schafnitz, co-founder and CEO of Brakke-Schafnitz Insurance Brokers Inc. in Laguna Niguel, Calif., announced the completed purchase of Brakke-Schafnitz Insurance Brokers Inc. and the formation of the holding company, Signature Insurance Group. After the purchase of Brakke-Schafnitz Insurance …

What Agencies Should Do When Key Employees Leave

Protecting Trade Secrets, Confidential Agency Information Critical, Attorney Hirshfeld Says The insurance industry is a highly competitive market, even when it comes to its work force. There’s a shortage of highly qualified employees at all levels of the industry. Agency …

Infinity Insurance Selects Leads360 to Provide Lead Management for Independent Agents

Infinity Auto Insurance has announced the addition of Leads360 to its Infinity Perks Web site, where Infinity’s appointed independent agents will now have access to Leads360’s lead management software and expertise at a reduced price. Leads360 was selected as a …

Business Moves

Fremont Michigan, Northern Mutual Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurance company headquartered in Fremont, Mich., and Northern Mutual Insurance Co. (Northern), a Michigan mutual insurer, have agreed to a strategic alliance between the two insurers. Northern …

20% A little more than 20 percent of the nation’s drivers would flunk a drivers test but drivers in the Midwest are among the most knowledgeable, according to a recent survey. The 2009 GMAC Insurance National Drivers Test found that …

Drop in Calif. Weekly Wage Means No Change in Some Workers’ Comp Benefits

There will be no change in minimum and maximum temporary total disability (TTD) and permanent total disability (PTD) rates for 2011 work injuries, or in several other workers’ compensation benefits that are tied to increases in California’s average weekly wage, …

20% of Drivers Would Flunk Test

The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …