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    • Insurance Regulator Targets Warranty Scammers

      State Insurance Commissioner Kim Holland and the Oklahoma Insurance Department have been aggressively tackling service warranty companies operating without a license. Unlike many other states in the U.S., Oklahoma law requires service warra...

    • Diversity Aids Insurers Through Slowing Economy

      After unprecedented growth over eight decades in the commercial insurance sector, Tulsa-based Rich Cartmill Inc. faces one of its toughest challenges. It is a tricky balance for the company. Traditional industries like energy and manufacturi...

    • Temecula Valley Bancorp to Seek Bankruptcy Protection

      Temecula Valley Bancorp plans to enter Chapter 7 bankruptcy on Aug. 18 following the seizure and sale of its assets this month by regulators from the Federal Deposit Insurance Corp., according to a July 31 regulatory filing. Citing inadequa...

    • Canadian Company to Acquire Zenith National

      Zenith National Insurance Corp. and Fairfax Financial Holdings Ltd. said Thursday that they have entered into a merger agreement, under which Fairfax will acquire the Woodland Hills workers compensation insurer in a deal valued at $1.4 bill...

    • Benefits Consultants, Insurers Guide Clients through Reform

      As the year winds down, Orange County benefits consultants and providers are waiting to see how national healthcare reform plays out. Congressional leaders are working to pass one major bill in each house that aims to remake the countrys he...

    • First American Swings to Profit,Updates Spinoff

      Santa Ana-based title insurer and data services company First American Corp. reported a profit and sales in line with Wall Street estimates Thursday and said it hopes to complete a long-planned spinoff by June 1. First American reported a p...

    • Zenith Files for Rate Increase

      Zenith National Insurance Corp. said late Wednesday that a subsidiary has asked the California Department of Insurance to approve a 2.7 percent increase in its workers compensation base rates. The new rates for Zenith Insurance Company woul...

    • Infamy Insurance

      The Tiger Woods scandal captivated millions, but it also sent shivers down the spines of advertisers. After all, the superstars image was the mainstay of multimillion-dollar ad campaigns that have gone up in smoke. Now, DeWitt Stern, a New...

    • Temp Service to Pay Insurance Fine

      A Bellflower-based temporary employment agency has agreed to pay up to $20 million in court-ordered restitution in a workers compensation fraud case, but could end up paying only $5 million in a plea agreement. Staffing Services Inc., which...

    • Insurance Exec Finds Gap to Fill With Defaults

      The process of foreclosing on a piece of real estate is daunting in detail. It involves mailing letters, posting public notices and other standardized procedures which must be done on a strict timetable and to exacting specifications. The w...

    • Encino Insurance Broker Pushes South

      GNW-Evergreen Insurance Services, an Encino-based broker, said Aug. 25 that it signed a deal to acquire the assets of Plenary Insurance Services for undisclosed terms. As part of the deal, GNW-Evergreen took on Plenarys San Diego office wit...

    • Better Business Bureau Mixer Heads Down Under

      Bondi Bar Kitchen, an Australian-themed restaurant in the Gaslamp Quarter, is the venue for an Oct. 1 business-to-business networking mixer put on by the San Diego Better Business Bureau. The event runs from 4 to 6 p.m. at the restaurant at...

    • 1 in 5 San Diegans Without Medical Insurance

      With the rancorous debate on a nationalized health care system dragging on in Washington, the U.S. Census Bureau reports that more than 500,000 adults in San Diego County, or one in five residents, are without medical coverage. And thats ba...

    • Regulators Close San Diego National Bank, U.S. Bank Takes Over

      The Federal Deposit Insurance Corp. said late Oct. 30 that regulators closed San Diego National Bank. The federal agency said San Diego National branches will reopen as branches of Minneapolis-based U.S. Bank. Local bankers had been expecti...

    • UC Board May Require Insurance for Grad Student Enrollment

      Eight years ago, University of California officials noticed an unsettling statistic that prompted a rewrite of the rules on campus health care. The figureheads found that, systemwide, an estimated 40 percent of undergraduates were living wi...

    • As Tournament Time Nears, Farmers Steps In as Sponsor

      The San Diego Open has been renamed the Farmers Insurance Open after the Farmers Insurance Group agreed to become the title sponsor for the areas premier golf tournament, according to a Jan. 18 announcement. The one-year agreement between F...

    • Barney & Barney to Advise on Executive Compensation

      Executive compensation is a hot topic. At times it can be a lightning rod. More often its an unseen, strategic asset. The task of setting executive compensation can make or break a business. San Diego-based Barney Barney LLC has opened a co...

    • FDIC:Balboa Thrift Operating In Unsafe Manne

      Balboa Thrift and Loan, a $200 million asset lender based in Chula Vista, has been put on notice by the Federal Deposit Insurance Corp. that it has been operating in an unsafe and unsound manner with policies that are detrimental to the thr...

    • Impac Eyes Title Insurer,Mortgages

      The mortgage meltdown of 2007 led to some sleepless nights for executives at Impac Mortgage Holdings Inc. I didnt sleep at that time, said Joseph Tomkinson, Impacs chairman and chief executive. And I can say the same for (President) Bill As...

    • State Fund Plan Draws Fears of Higher Workers' Comp Rates

      Construction companies and similar businesses beware: Workers compensation insurance rates could soar if a plan to sell part of the State Compensation Insurance Fund comes to fruition. The budget compromise reached earlier this year by Gov....
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