Los Angeles-Attorney General Edmund G. Brown Jr., who has an ongoing investigation into possibly illegal practices by some California health insurers, has subpoenaed financial records and other documents from California’s seven largest health insurance companies. “We have been looking at …
Jacob Sokol has been apppointed marketing manager of C.V. Starr & Co. Inc. based in New York, N.Y. Sokol will be responsible for the development and implementation of Starr’s marketing efforts as the company continues to strengthen and expand its …
The California Department of Insurance announced it will be implementing a 6 percent licensing fee rate reduction on July 1, 2010, including the fees paid by more than 300,000 liensed insurance agents, brokers and adjusters. The cost of renewing a …
To protect policyholders, Golden State Mutual Life Insurance Co. has entered into a letter of intent with IA American Life Insurance Co. to negotiate a reinsurance agreement to transfer all in-force insurance policies of Golden State Mutual, the California Department …
Evergreen Insurance Managers Inc. of Beaverton, Ore., announced the purchase of a Penn-America Insurance Co., Penn-Star Insurance Co., United National Insurance Co. book of business, and certain brokerage accounts from Intercontinental Insurance Services Inc. of Seattle, Wash., effective March 1, …
Employers Holdings Inc. reported fourth quarter 2009 net income of $11.3 million compared with $15.9 million in the same period in 2008, a decrease of $4.6 million. Pre-tax income in the fourth quarter increased $13.8 million in 2009, compared to …
A Milan court convicted three Google Inc executives on Wednesday for violating the privacy of an Italian boy with autism by letting a video of him being bullied be posted on the site in 2006. Google will appeal the six-month …
President Barack Obama launches a last-ditch bid to salvage his stalled healthcare overhaul Thursday at a televised summit that could offer more potential for political theater than problem solving. After months of heated battle over healthcare reform in the Congress, …
Zurich named two new regional managers for its North American Environmental team: Richard Calvert has been named manager for the South Central region, and Warren Puffer is the new manager for the Northwest region. Calvert, who prior to joining Zurich …
The U.S. House of Representatives voted Wednesday to take a 65-year-old antitrust exemption away from health insurance companies, leaning hard on an industry that has been the focus of criticism for fast-rising rates. The chamber voted 406 to 19 to …
