Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They would grow Ascension from zero revenue to …
Insurance administrator CRM Holdings is being sued for $405 million by New York’s workers compensation board and faces a separate $150 million lawsuit by the state attorney general over its alleged fraud in the management of its workers’ compensation business …
Walnut Creek, Calif.-based Heffernan Insurance Brokers has hired Cecille Feliciano as vice president in its Los Angeles office. She will be focusing on employee benefits, new business development, and account management for employers in Southern California. Feliciano brings 15 years …
Workers’ compensation insurance rates in California will be relatively stable and increase by an average of only 4 percent in 2010, the Department of Insurance said. The Department’s announcement comes a month after the Workers’ Compensation Insurance Bureau asked for …
The U.S. Forest Service says fire danger levels in parts of the Angeles National Forest that did not burn this year are being downgraded because of recent rain and snowfall. In a statement, the Forest Service says the level will …
Randy Jay Barrett, 41, of Canoga Park was sentenced to 240 days in jail and five years probation after pleading guilty to one count of felony grand theft. Barrett was also ordered to make restitution to his victim and a …
Steve Brooks, President of Steve Brooks Insurance Services based in Westlake Village CA, and Eric Bossuk, President of Tri County Insurance based in Calabasas, CA, have announced that the two companies will be merging, effective January 1, 2010. Bossuk will …
Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited, the global insurance broker, today called on corporate leaders to recognize and address the risks facing business at the start of a new decade. Plumeri delivered his remarks at Town …
A Southern California accountant has been sentenced to 12 years in prison for stealing more than $2 million from a pet insurance company. Stephen Anthony Frlekin of El Segundo pleaded guilty in a Santa Ana courtroom Friday to 152 felony …
Insurance agency owner Craig Randall, 52, of Porter Ranch has been found guilty of 13 counts of theft of funds by a broker or agent, two counts of forgery, one count of attempted theft of funds and one count of …
