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 …
The California Legislative Analyst’s Office issued a report yesterday that says the state’s General Fund is going to come up $20 billion short when its present budget ends. The report says officials are going to need to deal with this …
The California Department of Insurance has launched of a new report card on its Web site (www.insurance.ca.gov) that will allow consumers to make more informed choices about which Preferred Provider Organization (PPO) is best for them. The report card will …
California Insurance Commissioner Steve Poizner said that William A. Sassman, 41, of Sacramento was arrested early Nov. 16 on 43 felony counts of grand theft, 40 felony counts of selling unauthorized securities, 16 felony burglary counts and one count of …
A.M. Best Co. has affirmed the ‘A-‘ (Excellent) financial strength rating and issuer credit ratings (ICR) of “a-” of Employers Insurance Group (EMPLOYERS) and its four P/C members, Employers Insurance Company of Nevada (EICN), Calif.-based Employers Compensation Insurance Company (ECIC), …
California’s Insurance Commissioner Steve Poizner has announced that Louise May Batchelor, 55, of San Diego was sentenced Nov. 6 to 365 days of work furlough, five years probation and ordered to pay restitution totaling $24,375 to four victims after pleading …
California Attorney General Edmund G. Brown Jr. sent a letter last week to six major retailers, warning them that a number of children’s products on their store shelves were found to contain “illegal levels of lead” and to pull the …
A man who lived the high life in Sausalito pled guilty yesterday to setting a fire that destroyed a warehouse filled with 6 million bottles of wine and to selling wine he was supposed to be storing for customers. The …
Lockton Dallas has added Vice President and Producer Steve Pierce to its team of property and casualty experts in Dallas, Texas. He joins the group having served as the executive vice president of Guaranty California Insurance Services and previously as …
