February 21, 2005
Insurance Journal West Magazine
Insurance Journal West Magazine
Wholesale Industry M&A Trends
In this Issue
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Editor's NoteTargeting Young Customers
Ahhh ... young customers. I'm proud to say I'm still one myself.... -
NewsbriefsPCI COMMENDS NEVADA DOI ON BROKER COMPENSATION ISSUE:
The Property Casualty Insurers Association of America commended the... -
NewsbriefsSTATE FUND PRESIDENT ANNOUNCES RETIREMENT:
State Compensation Insurance Fund announced that after three years of... -
NewsbriefsU.S. P/C INSURERS CONTINUE TO BOOST LOSS RESERVES FOR OLD BUSINESS:
For U.S. property/casualty insurers, periodic glimpses of rising... -
NewsbriefsINSURERS TO PAY $5.9M FOR LOST SOCAL AIRPORT REVENUE:
Officials with the city of Los Angeles announced that they reached a... -
NewsbriefsALLIANCE OFFERS FREE INFO SECURITY PROGRAM KITS TO MEMBERS:
The American Agents Alliance recently completed a year-long project... -
NewsbriefsD&O RATES TO DECREASE EVEN MORE:
The start of 2004 was a testing time for the global D&O market,... -
NewsbriefsAIA SAYS INCREASING IDAHO’S SPEED LIMIT IS DANGEROUS:
Increasing Idaho's speed limit from 65 mph to 75 mph is dangerous... -
People & PlacesPeople & Places
Jeannie Davila Encino, Calif.-based NAS Insurance Services has... -
New MarketsManagement and Professional Liability
Nuts & Bolts: National Union Fire Ins. Co. of Pittsburgh, Pa., a... -
New MarketsUmbrella
Nuts & Bolts: Jeffrey L. Heath Inc., dba Heath XS, is offering... -
New MarketsHealth Care Transit
Nuts & Bolts: In conjunction with acquiring the book of business of... -
New MarketsHigh Value Homeowners
Nuts & Bolts: Walnut Creek, Calif.-based J.E. Brown and Associates is... -
New MarketsGarage Program
Nuts & Bolts: Cascade-Amstar is offering a new garage program... -
New MarketsChildcare Nursery School
Nuts & Bolts: Indemnity Excess and Surplus Agency is offering a... -
New MarketsMono-line Workers' Comp
Nuts & Bolts: Venture Programs Inc. launched a new wholesale division... -
Fraud RoundupCDI Fines Agents over Work Comp Policies
California Insurance Commissioner John Garamendi has imposed... -
Fraud RoundupCalif. Man Arrested on Workers' Comp, Embezzlement Charges
On Jan. 31, Gregg Leo Curwick, of Rancho Cucamonga, Calif.,... -
Fraud RoundupLAPD Cop Nabbed in Workers’ Comp Fraud Case
A Los Angeles Police Department officer who worked as an armed... -
FeaturesBroker Fee Regulations to Dominate 2005 Legislative Session in California
Three issues will dominate California's 2005 legislative... -
FeaturesSurplus Lines Experiencing Softening Market with Rest of Industry
Insurance Journal recently surveyed several surplus line associations... -
FeaturesEliot who’ TRIA when’ Republicans Outline Insurance Priorities
Industry Gets Victory on Class Action but Reason to Worry Over TRIA... -
FeaturesN.Y. Weighed Contingent Fee Issue Years Before Spitzer Investigation
While it did not begin boiling over until last October when charges... -
FeaturesWyoming Lawmakers Trying to Stem Doctor Liability Costs
In the first half of the legislative session, the health care... -
FeaturesWashington All Industry Day: Associations Discuss Broker Disclosure
Broker disclosure, medical malpractice reform and credit scoring... -
FeaturesTargeting Generations X and Y: How to Attract and Retain Young Customers
Are you a baby boomer? Or do you consider yourself a Gen X'er? Or are... -
FeaturesSpecialists Rank Talent Management Among Top Five Priorities in 2005
Providing rewards programs that attract, motivate and help retain... -
FeaturesCalifornia Voters Act to Stop Shakedown Lawsuits
For the third year in a row, the American Tort Reform Association has... -
FeaturesNations Hazard Insurer Leaves Nationwide Trail
Even though his files have been stored in the department's archives... -
FeaturesI.I.I. Says Automobile Insurance Rates to Climb Slightly in 2005
The cost of auto insurance is expected to rise by just 1.5 percent in... -
FeaturesSome California Doctors Leaving Workers’ Comp System
Francis Pecoraro is trading a San Francisco Bay area medical practice... -
Parting ShotsThe Facts About Credit Information and Insurance
The use of credit history, one of many underwriting tools, is not a... -
FeaturesOutsiders See Need for Practical Solution to Compensation Disclosure
III Joint Forum: From the Outside Looking In It's not very often that... -
FeaturesRetailers Reel in the Perfect Catch
Response Time, Service Crucial When Selecting E&S Brokers, IJ Survey... -
Cover StoryKings & Pawns: Excess Brokers’ Moves and Mergers
The emergence of large national and regional firms and the creation... -
FeaturesMarsh & McLennan Faces Off with Insurance Journal Readers
The street has become a superhighway, far removed from the clubby... -
RatingsHartford Steam Boiler, Subs Upgraded
A.M. Best Co. upgraded the financial strength rating to "A++"... -
RatingsArch Affirmed, Outlook Positive
S&P revised its outlook on Arch Capital Group Ltd. to positive from... -
RatingsSt. Paul Travelers Subs Affirmed
Standard & Poor's Ratings Services affirmed its "A+" counterparty...