January 15, 2010
Wilson, Paves & Associates, which has offices in Bakersfiled and Atascadero, Calif., has joined PacWest Alliance Insurance Services Inc. PacWest Alliance Insurance Services Inc. is a California-based insurance cluster that provides a managed environment for its members to maximize growth …
January 15, 2010
The recent recession and record unemployment rates have increased pressure on the workers’ compensation insurance system to help return injured employees back to work while effectively managing costs. That was one of the messages shared by presenters at the Workers …
January 15, 2010
U.S. Treasury Secretary Timothy Geithner said Thursday the bailout of insurer American International Group was not meant to help out bank counterparties and that he had no role in the decision not to disclose payments made to banks. In his …
January 14, 2010
California Gov. Arnold Schwarzenegger has declared a state of emergency in the Northern California county struck by a weekend earthquake, saying damage from the magnitude-6.5 temblor was expected to top $28 million. Saturday’s quake “disrupted utilities and caused damage to …
January 14, 2010
Wall Street’s chiefs acknowledged taking on “too much risk” and having “choked” on their own cooking, but stopped short of an apology as they sparred with a commission looking into the financial crisis. The first public hearing of the Financial …
January 14, 2010
Arrowhead General Insurance Agency of San Diego has a new commercial package available in Cailfornia. As part of the commercial contractor suite of products, the Commercial Package product offers more than 170 eligible classes including garden apartments, commercial real estate …
January 14, 2010
Trans Cal has sold all Zurich transportation accounts of Trans Cal to Cochrane & Co. Inc., the Spokane, Wash., company announced. The sale became effective on Dec. 31, 2009, and applies to existing Zurich accounts and to all open quotes. …
January 14, 2010
The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal rights agreement with OneBeacon Insurance …
January 13, 2010
For more than a decade, Connecticut lawmakers have considered and dismissed the idea of requiring seat belts on school buses that carry nearly 500,000 children each day. But a deadly weekend crash in Hartford has given the argument a human …
January 12, 2010
The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — lower investment income. According to Dr. Robert Hartwig, president …