April 14, 2010
Catastrophe bond issuance conditions saw sustained improvement in the first quarter of 2010, reflecting the increase in prominence of the insurance linked securities (ILS) asset class. Despite the continued improvement in market conditions, however, catastrophe bond issuance relative to the …
April 13, 2010
An insurance agent organization revealed a new brand identity — including a new logo and tagline. The AMS Users Group changed its name and is now known as the Network of Vertafore Users, or NetVU. NetVU revealed its new brand …
April 13, 2010
The number of motorcycle sales dropped in 2009 and so did the number of motorcycle thefts. The latest report from the National Insurance Crime Bureau (NICB) shows that motorcycle thefts declined by 13 percent in 2009, continuing a downward trend …
April 13, 2010
T. Hale Johnston, senior vice president and regional manager, Pacific Region, for Reno, Nev.-based Employers, has been re-elected as chairman of the board of directors of the California Workers’ Compensation Institute. CWCI is a private, nonprofit association that works to …
April 13, 2010
Sierra Specialty Insurance Services of Clovis, Calif., has named Lizette Felde vice president of transportation. Felde possesses knowledge of all lines of trucking and commercial auto insurance — from “tow trucks to semi trucks” as a result of more than …
April 12, 2010
A California Department of Insurance examination has found that Mercury Insurance violated the state insurance statutes and as a result, Mercury Insurance may have illegally overcharged thousands of Californians for auto and homeowners insurance. “In addition, the Department’s examination finds …
April 12, 2010
Jennifer Hetzel, a broker at AmWins Group Inc., has been named the 2008 – 2009 Region VIII Rookie of the Year. Hetzel is a member of the San Diego Insurance Women, a local affiliate of the National Association of Insurance …
April 12, 2010
Woodland Hills, Calif.-based Zenith National Insurance Corp. announced that Craig Thomson will be joining its principal operating subsidiary, Zenith Insurance Co., as executive vice president. He will be responsible for building and leading Zenith’s non-workers’ compensation property and casualty operation …
April 12, 2010
All Risks of California Insurance Services LLC has named Paula Choy financial products manager. Choy has more than 20 years of experience as a successful broker in the financial products and professional lines marketplace. She brings extensive experience in directors …
April 12, 2010
Starr Aviation Agency, Inc. a subsidiary of C.V. Starr & Co. Inc., has acquired International Aerospace Insurance Services Inc. of Santa Barbara, Calif. The acquisition of Inter-Aero expands Starr Aviation’s distribution network as well as its suite of products, according …