California News

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 …

Business Moves

PURE Risk Management PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes …

It Figures

$6 Million Attorneys for Lloyd’s of London, which is paying jailed Texas financier R. Allen Stanford’s legal bills, say the company has spent more than $6 million on lawyers from 10 firms to defend him from allegations that he orchestrated …

In Developing Producers, a Little Help From One’s Friends Goes a Long Way

As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend often is more than …

Business Moves

Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger …

The Right Relationship Chemistry Can Increase Sales, Create Succession Plan

As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend often is more than …

Insurance Educational Association Relocates to Orange, Calif.

Insurance Educational Association has moved its office to Orange, Calif. The new address is 725 Town and Country Road, Suite 430, Orange, CA 92868-4705. The general business telephone, toll-free and fax numbers remain unchanged:

Nautilus Insurance Group Receives Managing General Agents Award

Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of W.R. Berkley Corp. member companies Nautilus Insurance Co. and Great Divide Insurance Co., has been recognized with community service, advertising and marketing awards at the 84th Annual Meeting of the American Association of …

Hiscox USA Adds Underwriters to Los Angeles Regional Office

Hiscox USA has expanded its business in its Los Angeles, California office with the addition of underwriters in the allied healthcare professional and general liability; architects, engineers and construction managers professional liability; kidnap and ransom and miscellaneous professional liability product …