California News

Top Personal Lines Agencies

Correction: Top Personal Lies Agencies The Top 2009 Personal Lines Agencies list that was published in the Nov. 16 issue of Insurance Journal was incorrect. Unfortunately, columns of spreadsheet data shifted in the process of producing that listing. Insurance Journal …

The Hanover Forms Agreement With OneBeacon, Expands in West

Worcester, Mass.-based The Hanover Insurance Group Inc. announced that it has entered into a renewal rights agreement with OneBeacon Insurance Group as part of its goal to strengthen its competitive position and expand in western states. Through the agreement, The …

Lawson-Hawks Acquires J6 Insurance Services

Mountain View, Calif.-based Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker, has acquired J6 Insurance Services, Inc of Rocklin, Calif. in an asset purchase arrangement. The terms of the transaction were not disclosed. John Miller, CEO of Lawson Hawks …

Venbrook Insurance Adds Three to Staff

Venbrook Insurance Services of Woodland Hills, Calif., has made three appointments. Ana Preston was named vice president of personal lines. She formerly was with Countrywide Insurance Group. Rose Nordbrokc was named senior vice president. She formerly was with Bolton & …

Union General Insurance Offers Market for Residential Care Facilities

Union General Insurance of Concord, Calif., has a market available to California agents for residential care facilities for developmentally disabled residents ages 18 to 59. Coverage also cna provide for physical/sexual abuse coverage and medical payments. Professional liability and personal …

SullivanCurtisMonroe Names O’Connor Vice President

Irvine, Calif.-based SullivanCurtisMonroe has named Matt O’Connor vice president to its Irvine Office. O’Connor joins SCM from Aon in Orange County, Calif., where he was an account executive in the Construction Division. He held previous positions at Sumitomo Marine Management …

Swiss Re Obtains $150 Million Backup for Hurricanes, Quakes and Windstorms

Swiss Re announced that it has entered into a transaction with Successor X Ltd. a Cayman Islands exempted company financed through the offering of insurance-linked securities, to receive up to $150 million of payments. They would be triggered in the …

California’s Poizner to Subpoena Companies Over Iran Divestment

California’s insurance commissioner said he intends to subpoena insurance companies that did not comply with his probe of insurance companies and Iran. Commissioner Steve Poizner announced yesterday that he intends to urge–and perhaps coerce–insurance companies doing business in California to …

TAPCO Underwriters Expands Into Alabama and Louisiana

Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company explained in its announcement that it has …

NAS Insurance Enhances Medical Malpractice Coverage

Encino, Calif.-based NAS Insurance Services has enhanced its miscellaneous medical malpractice insurance by adding an endorsement for Medefense Plus with a $25,000 sublimit and an option to increase the sublimit up to $100,000. Medefense Plus is a program that offers …