April 22, 2010
Zenith National Insurance Corp. announced today that the Delaware Court of Chancery, ruling from the bench after hearing arguments from plaintiffs who had filed actions in both Delaware and California, has denied the preliminary injunction that was filed to attempt …
April 21, 2010
Worldwide Facilities Inc. has announced that Renee K. Belgarde has joined the property division in the Los Angeles headquarters as vice president and broker. Belgarde will be responsible for new business development and servicing the division’s current clients. She will …
April 21, 2010
Gov. Arnold Schwarzenegger has estimated the Easter earthquake caused about $91 million in damage in impoverished Imperial County. Schwarzenegger’s office sent a letter to the federal government with the preliminary estimate and asked that the quake that left two people …
April 20, 2010
Many insurance industry professionals are living in a dream. Their fantasy is that the soft market is ending, but nothing could be further from the truth. As long as our economy stays weak, the soft market will continue. A good …
April 20, 2010
Insurance companies are gearing up to recoup from Toyota money they paid for claims in crashes involving sudden acceleration, the subject of major safety recalls by the Japanese automaker. It could also mean money back for some drivers who paid …
April 20, 2010
Momentous Insurance Brokerage Inc. of Van Nuys, Calif., has announced that Marifel Divinsky, former senior account manager from USI of Southern California, has joined the company as an account executive. Divinsky has more than 15 years of experience in marketing …
April 19, 2010
Oklahoma City-based Insurica Insurance Management Network has hired Dillon B. Rosenhamer of Edmond, Okla., to augment the company’s surety practice. Rosenhamer has experience in the banking industry, most recently as an assistant vice president in commercial lending with First Fidelity …
April 19, 2010
A man who claimed his infant son was left brain-damaged after surgery at Childrens Hospital of Los Angeles has lost a $19-million lawsuit. A Los Angeles jury ruled in favor of the hospital and two doctors. Eduardo Rivas of Tujunga …
April 19, 2010
An attempt by the New Orleans Saints to lower its workers’ compensation costs for injured players has mushroomed into an issue that would apply to all businesses and employees in Louisiana. The Saints were pushing a bill by Rep. Cameron …
April 19, 2010
Kansas City, Mo.-based Ascension Insurance Inc. has announced the acquisition of the Las Vegas-based Kapp Insurance Agency Inc., doing business as Portal of Nevada. Portal of Nevada is a full service employee benefits consulting firm with clients throughout Nevada and …