West News

Inszone Acquires J.B. Martin Insurance Agencies in New Mexico

Inszone Insurance Services acquired J.B. Martin Insurance Agencies in Albuquerque, New Mexico. This acquisition bolsters Inszone’s presence in the Southwest. Since its establishment in 1981, John Bradley Martin and his team have built J.B. Martin Insurance Agencies to provide a …

Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding

San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark Capital. The company says it will utilize the funds to …

People Moves: Across American Names Barr CFO/CTO; Sobel Joins Aspire in California

Barr Named CFO/CTO at Across America Insurance Leah Barr joined commercial transportation insurance wholesaler Across America Insurance, headquartered in Riverside, Calif., as chief financial and technology officer. A 20-year insurance industry veteran, Barr was previously technology manager in the premium …

People Moves: PCF Insurance Services Names Leadership Team Members

PCF Insurance Services (PCF), headquartered in Lehi, Utah, appointed several new members to its leadership team. Brooke DeWyze joined as chief development officer. Before joining PCF Insurance, DeWyze was chief operating officer of Moreton & Company. DeWyze also spent more …

Founder of AgencyPoint in California Says Many Agencies Put Accounting on Backburner

Many small- to mid-sized agencies aren’t putting much thought into accounting, relegating the important function to the backburner by opting to use local accountants, agency management systems that may not be sufficient, or even relatives to keep track of their …

Family of Black Girls Handcuffed, Held at Gunpoint in Colorado Reach $1.9M Settlement

The four Black girls lay facedown in a parking lot, crying “no” and “mommy” as a police officer who had pointed her gun at them then bent down to handcuff two of their wrists. The youngest wore a pink tiara …

CoreLogic: California Storms Put 543K Homes at Risk of Flash Flood Damage

CoreLogic estimated that across the greater Los Angeles area, nearly 543,000 single- and multifamily homes with a combined reconstruction cost value (RCV) of more than $258 billion are at risk of flash flood damage. Reconstruction cost value is the cost …

SpaceX Accused of Sexual Harassment as Fight With Ex-Employees Intensifies

Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former employees allege in California civil rights complaints viewed by Bloomberg. The California-based workers, who were fired in 2022 after circulating …

West Coast Insurers Warned of Billions in Losses Over Climate-Linked Investments

A new report warns insurance companies could face billions of dollars in losses if they stay on the current course of investments that contribute to climate change, at “a scale exceeding some of the worst wildfires in California’s history.” The …

People Moves: Falvey Group Names Olsen to Marine Cargo

Falvey Insurance Group Names Olsen as Vice President, Marine Cargo Falvey Insurance Group, headquartered in North Kingstown, Rhode Island, named Jason Olsen as vice president, marine cargo. Olsen is based in Seattle, Washington, focusing on a California-based underwriting portfolio. He …

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