July 5, 2011
U.S. Risk Insurance Group Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Margaret Zechlin as senior broker in San Francisco. She will work on all lines of property and …
July 1, 2011
Bonita, Calif.-based McKenna Insurance Services has changed its name to BasePoint Insurance Services. This change becomes effective on July 1, 2011 (exactly 16 years after McKenna Insurance Services opened its doors for business). BasePoint Insurance Services is an independent insurance …
June 30, 2011
CMR Risk & Insurance Services Inc. of San Diego has instituted a quarterly “give back to the community” donation where employees choose the local charity. The first presentation was made on June 29, 2011, to the Alpha Project for the …
June 30, 2011
Freeway Insurance, a California provider of non-standard auto insurance and a subsidiary of New York-based Confie Seguros, announced today the promotion of Alex Trachtman to chief administrative officer from his previous position as chief financial officer. Replacing Trachtman as CFO …
June 29, 2011
The California Supreme Court has confirmed a limitation on an employer’s potential tort liability for the acts of its employees, with a particular emphasis on employees operating motor vehicles in the course of their employment. According to Diaz v. Carcamo, …
June 29, 2011
California Insurance Commissioner Dave Jones announced that Monica Mui Ung, 51, owner and president of NBC General Contractor Corp. (NBC), has entered guilty pleas in Alameda Superior court for violating section 11880 of the Insurance Code, section 1778 of the …
June 29, 2011
A Los Angeles Superior Court judge has given final approval to a $10.5 million class action settlement involving Aon Insurance Services Inc., according to the plaintiff’s’ attorney. The plaintiffs alleged that California Account Specialists, whose work involves assisting account managers …
June 29, 2011
Tony McIntosh has joined Swett & Crawford as a California senior workers’ compensation broker. A seasoned worker’s compensation production specialist, McIntosh comes to Swett with 25 years of specialty experience. He will report to Minneapolis-based Ron Boudreaux, who heads Swett’s …
June 28, 2011
The number of California workers’ compensation insurance claims fell 13 percent between policy years 2007 and 2008 to 358,077 claims. However, a new report by the Workers’ Compensation Insurance Rating Bureau shows that the average incurred loss on a claim …
June 28, 2011
A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance in the event of a disaster took effect on June 27. Meanwhile, two insurance trade associations continue to …