Thousand Oaks, Calif.-based Gray-Stone & Co. has named Barbara Howard vice president to head the company’s new product development department. Howard came out of retirement to take the position. “I’ve known Howard Stone (Gray-Stone’s president) for years and I even …
Victor O. Schinnerer & Co., Inc. will decrease rates and expand coverage in the state of California for its real estate errors and omissions program. Beginning April 1, 2010, the following rating changes take effect: 20 percent rate decrease for …
Lee & Mason Financial Services, Inc. has increased its limits for insurance agents’ errors and omissions coverage from $5 million to $10 million. Insurance agents E&O coverage, with limits of up to $10 million, is available on either a primary …
Following Zenith National Insurance Corp.’s sell the company to Fairfax Financial Holdings Ltd., Toronto-based Fairfax will be the seventh-largest workers’ compensation insurer in the state, on a pro forma basis, based on analysis of SNL’s 2008 statutory market share data. …
Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has launched an online program that enables homeowners to reduce the deductible on their existing earthquake policy. The earthquake deductible buyback program is …
Fairfax Financial Holdings Ltd said Thursday it will buy all the shares of U.S. insurer Zenith National Insurance Corp that it does not already own in a deal worth about $1.4 billion.[Figures are in U.S. $, unless noted] The acquisition, …
Gerry O’Connor, senior vice president – commercial division of Old National Insurance in Indianapolis, has been named 2010 president of RiskProNet International, a network of 24 independent insurance brokers in North America headquartered in Menlo Park, Calif. O’Connor has been …
Three days before the deadly explosion at a Connecticut natural gas power plant, a federal agency that investigates chemical accidents recommended urgent changes to national safety standards for clearing gas from pipes. But even if those changes had been in …
Legislation aimed at protecting New Mexico’s spaceport from liability while the commercial space industry tackles the hazards of space flight was approved by a 37-0 vote in the state Senate. The approval is a victory for spaceport director Steve Landeene, …
Anthem Blue Cross has agreed to a Feb. 8 request by California Insurance Commissioner Steve Poizner to delay its individual health insurance rate increase until May 1 to allow an independent actuary to review their rates, the California Department of …
