Bordentown, N.J.-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers, announced it is building its underweriting team by appointing Carole Carretta of Lafayette, Calif., to assistant vice president. Carretta, who will …
The U.S. Ninth Circuit Court of Appeals has upheld an arbitration award requiring U.S. Life Insurance Co. to pay reinsurance of more than $500 million to Superior National Insurance Companies, workers’ compensation insurer in liquidation, the California Department of Insurance …
Californians can expect more tax increases and cuts in state services, but it’s unlikely that a sale of some of the state workers’ compensation insurer’s assets will be used to shore-up the budget. In his State of the State 2010 …
All 1,327 insurance companies licensed in California have responded to California Insurance Commissioner Steve Poizner’s request to provide data on their investments with companies doing business with Iran’s nuclear, energy and defense sectors. Previously, the Commissioner’s office was waiting for …
San Diego – (January 6, 2010) – After months of planning and preparation, Insurance Journal has launched its latest product for the property/casualty insurance industry: The Academy of Insurance. Led by Director of Education, Christopher J. Boggs, CPCU, ARM, ALCM, …
Zurich, a property and casualty insurance provider globally and in North America, announced that Doug Bergen has been appointed southwest regional property manager for its Global Corporate in North America (GCiNA) business unit. Bergen will be located in Zurich’s Glendale, …
Soon after she became the nation’s labor secretary, Hilda Solis warned corporate America there was “a new sheriff in town.” Less than a year into her tenure, that figurative badge of authority is unmistakable. Her aggressive moves to boost enforcement …
Los Angeles, CA, January 5, 2010 – Sullivan Brokers Wholesale Insurance Solutions, Inc. is pleased to announce that on Monday, January 4, 2010, Paula Cobbett, CPCU, ARM joined the firm in the Northern California office in the position of Senior …
Los Angeles-based Heritage General Agency, a managing general agent and operating division of Worldwide Facilities Inc., has changed its trade name to Worldwide Facilities Inc. There will be no change in staff, offices or contact information other than the Worldwide …
Swiss Re has entered into a transaction with Redwood Capital XI Ltd., a Cayman Islands exempted company financed through the offering of insurance-linked securities, to receive up to $150 million in the event of a California earthquake in the covered …
