May 6, 2010
Novato, Calif.-based Fireman’s Fund Insurance Co. has named Lauren Bailey vice president of entertainment in commercial insurance. In this new position, Bailey will be responsible for managing the direction and priorities for the entertainment business and accountable for driving profitable …
May 6, 2010
Reno, Nev.-based Employers Holdings Inc. has reported first quarter 2010 net income of $16.1 million or $0.38 per share compared with $20.9 million or $0.43 per share in the first quarter of 2009, a decrease of $4.8 million or $0.05 …
May 6, 2010
CRC Insurance Services Inc. (CRC) – the largest wholesale insurance broker in the United States – released a memo to its customers stating that a number of CRC employees in Illinois, California and Pennsylvania resigned on May 4. CRC’s CEO …
May 5, 2010
A workers’ compensation bill slated for a California committee hearing this week could increase pharmacy costs and fails to address underlying problems that are currently driving up system costs, according to the Association of California Insurance Companies Vice President Mark …
May 5, 2010
The Louisiana Legislature won’t be meddling any further this session in a workers’ compensation dispute between NFL players and the New Orleans Saints. The Saints had been pushing a bill to lessen its workers’ compensation costs for injured players. But …
May 5, 2010
The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high” ratings, causing $1 billion of losses. A San …
May 5, 2010
California’s State Compensation Insurance Fund announced it will not be filing a mid-year rate increase. Instead, the workers’ compensation insurance provider said it will revise its rating plan to provide underwriters greater flexibility to reward better-performing accounts. The revisions — …
May 4, 2010
Grass Valley, Calif.-based Networked Insurance Agents, a subsidiary of Strongwood Insurance Holdings Corp., has announced its acquisition of AmCom Insurance Services Inc. AmCom, established in 1996, is a full service managing general agency located in San Ramon, Calif. James Furey, …
May 4, 2010
Streamlining the insurance buying and risk management process can be an attractive offer to entertainment businesses. This is especially true in a locale like San Diego, which has served as the background for such classic films as “Top Gun,” Lethal …
May 4, 2010
California’s Department of Industrial Relations (DIR) has appointed Bickmore Risk Services and Consulting as conservator for the Contractor’s Access Program of California (CAP), which is a self-insured group that has insufficient deposits to cover estimated future liabilities. The conservator has …