June 7, 2011
The Insurance Professionals of Orange County,Calif., (IPOC), a local representative of the National Association of Insurance Women (International), has installed new officers for the 2011/2012 term. They are: President Freeda Koopsmans, retired senior commercial lines underwriter with Northbrook Property & …
June 6, 2011
Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and omissions policies for life insurance agents …
June 6, 2011
Insurance Commissioner Dave Jones announced that he has appointed Erika Sperbeck as the new deputy insurance commissioner of the Administrative and Licensing Services Branch. Sperbeck comes to CDI from the California Health and Human Services Agency, where she has served …
June 6, 2011
A San Francisco Superior Court has approved California Insurance Commissioner’s rehabilitation plan for Majestic Insurance Co., a failed workers’ compensation insurance carrier. Under the plan, Majestic’s insurance liabilities and certain assets will be transferred to AmTrust North America Inc., which …
June 6, 2011
San Francisco-based Woodruff-Sawyer & Co., an independent insurance broker, has named John Pierson vice president, account executive, in the company’s Southern California Office. He will focus on client service and specialize in assisting with their risk management needs. Pierson has …
June 6, 2011
California State Compensation Insurance Fund is pursuing legislation to allow it to offer coverage to California employers who have out of state employees. Currently, California-based businesses insured with State fund must obtain a separate workers’ compensation policy to cover employees …
June 3, 2011
Former California Deputy Insurance Commissioner Gary A. Hernandez, has died as the result of a pulmonary embolism, the state Department of Insurance announced. Hernandez was a leader in Latino community, a dedicated public servant, talented lawyer, inspiring community leader, and …
June 2, 2011
After more than 42 years of service to the California workers’ compensation community, Workers’ Compensation Insurance Rating Bureau President and CEO Robert Mike announced that he will retire effective Dec. 1, 2011. Planning for Mike’s succession began in late 2010. …
June 1, 2011
USAA is reducing insurance rates for most of its California policyholders an average of 14.9 percent, the California Department of Insurance announced, noting it had approved the rate filing. “This is good news for the approximately 200,000 USAA policyholders … …
May 31, 2011
Officials say tornadoes that touched down in a rural area of Northern California destroyed hundreds of acres of almond orchards. The twisters hit Butte and Glenn counties on May 25. Colleen Cecil with the Butte County Farm Bureau tells the …