Democratic lawmakers in Michigan are promoting proposals they say would make auto insurance more affordable and strengthen consumer protections in the state. Opponents including the insurance industry say the proposals would drive up costs for customers and are a political …
BridgeStreet Consulting Group, a division of Chicago-based Wells Fargo Insurance Services, has named Christine Burden business development leader for its Midwest operations. BridgeStreet Consulting Group is a national employee benefits consulting firm headquartered in the Bay Area that serves customers …
California’s Insurance Commissioner Steve Poizner intends to ask insurance companies that are conducting business in the state to divest themselves of all financial holdings in Iran. Poizner, who is running for governor in California, says a probe he conducted indicates …
A convicted burglar has claimed in jailhouse interviews that he was badgered into confessing to starting a 2003 wildfire that burned about 1,000 homes in the foothills above San Bernardino and allegedly caused five people to die of heart attacks. …
Naxos Avondale Specialty Casualty Inc., an underwriting management company focused on the specialty casualty excess and surplus lines markets, has officially launched operations and begun accepting business. The creation of Naxos Avondale was announced in August 2009 as a joint …
A Republican state senator in Ohio wants to prohibit the nation’s largest state-run injured worker insurance program from providing benefits to illegal immigrants, a change he said should lower business premiums. State Sen. Bill Seitz of Cincinnati said he was …
Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in San Diego, Calif. RCG, founded in 2002 by William MacDonald, has additional …
Momentous Insurance Brokerage of Van Nuys, Calif., has launched a restaurant insurance specialty practice. Some of the risk management services offered include contract review, loss control and inspection, in-house claims services and access to a Forms and Resource Library. As …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport …
The U.S. Forest Service should allow helicopters to fight fires during darkness, a tactic that could have been used in the critical first hours of the summer’s gigantic and deadly wildfire in the Angeles National Forest, a Los Angeles County …
