John Garamendi, has won the Democratic primary for California state insurance commissioner. He previously held that position from 1990 to 1994.The Republican primary winner was former state Commissioner of Corporations, Gary Mendoza.Political analysts are saying that Garamendi's vict...Read More
(NYSE: GNA) today announced that it has received formal notice from the New
York Stock Exchange ('NYSE') that GAINSCO is 'below criteria' for NYSE
continued listing standards requiring total market capitalization of not less
than $50 million over a 30 trading day period and stockho...Read More
State: Natl. | Segment: Top | 84 | 0 | Popular with Insurance
On August 9, 1999 13 tomato pickers killed and 2 seriously injured in a crash returning home from a day of work. On Friday the WCAB issued a decision awarding death benefits to the dependents of those killed and benefits to the 2 survivors, ruling that the situation was exempt from the going and com...Read More
The San Francisco Chronicle reports that California Insurance Commissioner candidate John Garamendi announced that he returned $20,000 in political donations that he claimed he erroneously received from insurance concerns in two previous campaigns.
Garamendi had run for governor of California i...Read More
Arthur J. Gallagher & Co. (NYSE: AJG) announced its financial results for the fourth quarter and twelve months ended December 31, 2001 with an increase in total revenues as well as net earnings.
AJG announced that for the twelve months ended December 31, 2001, total revenues were $910,043,000, ...Read More
Guard Insurance Group, a workers' compensation specialist based on Wilkes-Barre, Pa., has named Rich Zatorski executive vice president of insurance operations. In his new role, Zatorski is responsible for the overall profitability of the company and has direct authority over underwriting, pricing, s...Read More
A Fresno, California, man was arraigned yesterday on insurance fraud charges. Three arrest warrants were served on Alexander Martinez, AKA Luis Leiva, including a 'No Bail' warrant from Fresno County for a probation violation from a previous conviction for Workers' Compensation Fraud. The other two ...Read More
Industry sources have recently reported in the media that Golden Eagle Insurance Corp. has sued the California Department of Insurance (DOI)
for $260 million.
The suit alleges that the DOI has failed to pay Golden Eagle for claims
administration services and that Golden Eagle was not paid ev...Read More
General & Cologne Life Re of America (formerly Cologne Life Reinsurance Co.) has published a 'corrective advertisement' post arbitration loss, to say it regrets any damage done when it tried to break a contract with IOA Re, a managing general underwriter that wrote workers' compensation carve-out re...Read More