Posts tagged "Vehicle insurance"

Leavitt Group Acquires Group Services Northwest in Washington

Leavitt Group Northwest has acquired Group Services Northwest.

Terms of the deal were not disclosed.

This merger will not affect Group Services Northwest client policies and all staff remains with the agency at the same location and phone number.

Leavitt Group Northwest is part of Leavitt Group, a network of insurance brokers.

Group Services Northwest has serviced local Puget Sound and Western Washington businesses and their employees for more than 60 years.

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Posted by Insurance - 07/10/2018 at 19:40

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Arthur J. Gallagher & Co. Acquires New Mexico’s Reynolds & Rodar Insurance Group

Arthur J. Gallagher & Co. has acquired Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group Inc. Terms of the transaction were not disclosed.

With roots going back to 1882, Reynolds & Rodar is the oldest independent agency in New Mexico. It provides a full range of commercial property/casualty and employee benefits coverages and services, and high-net-worth personal lines coverages, to clients in New Mexico and throughout the southwestern United States.

Jake and Shona Rodar, and their associates, will continue to operate from their offices in Santa Fe and Taos, New Mexico, under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations, and Norbert Chung, head of Gallagher’s Western employee benefits consulting and brokerage operations.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.

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Posted by Insurance - 04/29/2018 at 19:40

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California Wildfires: May Take Years for Full Recovery

It will take at least months and likely years to fully recover from devastating wildfires that ripped through Northern California earlier this month, destroying at least 8,900 structures and killing 42 people, Sonoma County officials said .

“We don’t control these things, and it makes you realize how small you are in the world when something like this happens,” Sheriff Rob Giordano said. “I don’t think we understand the level at which it is going to impact lives, and the community will be different.”

Giordano spoke before hundreds of people gathered at a college in Santa Rosa, one of the hardest-hit cities, for a memorial service to honor the lives lost in the deadliest series of wildfires in California history. The fires sparked Oct. 8, eventually forcing 100,000 people to evacuate.

Before a bell rung 42 times to commemorate the dead, Giordano and other officials praised the ordinary and extraordinary acts of heroism by first responders and community members as the firefight raged on for more than a week. Some firefighters worked days on the front line, refusing to take breaks, while sheriff’s dispatchers continued taking calls even as the fire came close to taking out their building.

A firefighter walks near a home in Santa Rosa, Calif., Monday, Oct. 9, 2017. Wildfires whipped by powerful winds swept through Northern California sending residents on a headlong flight to safety through smoke and flames as homes burned. (AP Photo/Jeff Chiu)

“The night of Oct. 8, we were all tested,” Santa Rosa fire Chief Tony Gossner said.

U.S. House Minority Leader Nancy Pelosi and five members of Congress spent Saturday attending the memorial, touring the fire ravaged areas and gathering advice from federal, state and local officials on what Congress can do to aid the recovery efforts. In a briefing in Santa Rosa, officials asked them to ease red tape that will make it easier to erect temporary housing and to ensure the Environmental Protection Agency has the resources it needs to clean up any hazardous material before it infiltrates the water supply.

The EPA has assessed 740 properties so far, while the Federal Emergency Management Agency has given out $6 million worth of rental and other assistance to displaced Californians, officials said. Officials estimate the cleanup of debris and other hazardous materials will last into early 2018. The losses are estimated to be at more than $1 billion.

Pelosi and U.S. Rep. Mike Thompson, who represents Santa Rosa, said they must make their fellow lawmakers in Washington understand the unprecedented nature of the fires, the deadliest in California history. They drove through a neighborhood near Coffey Park where entire streets are wrecked, with only burned-out cars and charred remains of once-standing houses lining the streets.

“It was just unfathomable the amount of destruction that we saw,” Pelosi said. “My colleagues will have to understand this is different from anything else, many times over.”

But Pelosi said Northern California’s response to the fires can serve as a national model for disaster response if done right. She urged her colleagues in Congress to think beyond the incremental rebuilding needs to consider the big picture of helping the region better prepare for and mitigate damage from future disasters. Obtaining the appropriate amount of relief money will require detailed documentation of homes lost and other destruction, she said.

Santa Rosa alone lost five percent of its housing stock, Pelosi said.

“What would we like to see the result be? Let’s engineer it back from there,” she said of the rebuilding efforts.

Thompson and other members of Congress, meanwhile, were asked to look at ensuring immigrants living in the country illegally are not at risk if they contact the Federal Emergency Management Agency. They were also asked to look into improving the system for alerting people of pending disasters, a more difficult task now that more homes rely on cellphones instead of landlines.

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Posted by Insurance - 04/29/2018 at 19:40

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Tornado in Oregon Damages Small Planes

Authorities say that it was a tornado that touched down south of Portland, Ore. last week overturning small airplanes, downing power lines and damaging several glass greenhouses.

National Weather Service meteorologists say the tornado touched down at the Aurora State Airport near Canby at about 3:45 p.m. on Thursday.

The Oregonian/OregonLive reported the storm prompted a tornado warning for west Clackamas County until 4:15 p.m.

Aurora Fire District Lt. Bill Hansen says two unoccupied planes at the airport overturned while others were blown around but not damaged.

Hansen says glass greenhouses and an office building housing a plant nursery also were damaged and that winds snapped a large tree in half and downed several power lines.

Molalla High School students stayed inside the high school during the storm, which delayed the school’s homecoming parade.

No injuries were reported.

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Posted by Insurance - 04/20/2018 at 19:40

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Venbrook in California Names Mercer’s Exton Managing Director

Los Angeles, Calif.-based Venbrook has named Lee Exton managing director of employee benefits and total rewards.

Exton will oversee all aspects of benefits and total rewards programs.

Exton has more than 25 years of human resources and benefits consulting expertise in both the public and private sectors. Exton was most recently a principal at Mercer developing employee benefit solutions. Prior to Mercer, he served was vice president at Keenan and Associates, a healthcare practice leader at Segal, and a consultant for Willis Towers Watson.

Venbrook is an independent insurance brokerage and services firm.

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Posted by Insurance - 04/17/2018 at 19:40

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Searing Heat Brings Fire Warnings to Southern California

The risk of wildfires will spike as triple-digit temperatures blanket parts of Southern California early this week.

The California Department of Forestry and Fire Protection says red flag warnings are in effect through Wednesday from Santa Barbara to San Diego as high winds and low humidity move through.

Cal Fire says extra firefighters are on duty with Santa Ana winds expected to top 50 mph.

The National Weather Service says temperatures in excess of 100 degrees could break records for late October in some areas.

The weather service has issued an excessive heat warning and says people should limit strenuous outdoor activity.

Temperatures aren’t supposed to cool significantly until Thursday.

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Posted by Insurance - 04/17/2018 at 19:40

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Alliant in California Names Morana Senior Vice President in Pharmacy Practice

Newport Beach, Calif.-based Alliant Insurance Services has named Sal Moranato a senior vice president and pharmacy practice lead in its pharmacy consulting practice.

Morana has nearly 25 years of pharmacy practice and industry experience.

Morana was a consultant in the pharmacy practice of brokerage firm. He has also held positions across various health system pharmacy divisions.

Alliant provides property/casualty, workers’ compensation, employee benefits, surety, and financial products and services.

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Posted by Insurance - 04/14/2018 at 19:40

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Fire at Large California Oil Refinery Doused

A fire that erupted at the West Coast’s largest oil refinery threatened storage tanks and sent huge flames into the sky and black smoke across neighborhoods before crews quickly smothered it.

Dozens of firefighters responded late Tuesday to the 1,000-acre Chevron El Segundo Refinery just south of Los Angeles, which processes nearly 275,000 gallons of crude per day.

Residents were urged to close windows and shelter in place as dramatic flames roiled at the facility and thick plumes of acrid smoke traveled through neighborhoods. Surrounding streets were briefly closed, but no evacuations were ordered. No injuries were reported.

Crews using firefighting foam kept the blaze from spreading to storage tanks and within about a half-hour, there was little visible flame.

Chevron officials did not immediately comment Wednesday on the possible cause. Fires at such refineries have had implications for gas prices, though it wasn’t yet clear if this one would.

The refinery, the West Coast’s largest, supplies 40 percent of the jet fuel to nearby Los Angeles International Airport and has 20 percent of the gasoline market share in Southern California, according the company’s website.

Daily production includes 110,000 barrels of gasoline and 100,000 barrels of jet and diesel fuels. Other products include fuel oils, coke and liquefied petroleum gas.

About 1,100 Chevron employees and 300 contract employees work there.

The El Segundo refinery dates to 1911. Its name is Spanish for `”the second,” and was bestowed because it was the second refinery built by Chevron predecessor Standard Oil Co. The first refinery was built at Richmond in 1901.

Chevron was fined nearly $1 million by the state of California for a major fire in 2012 at a refinery in the San Francisco Bay Area.

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Posted by Insurance - 04/14/2018 at 19:40

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California’s Chief Utility Regulator Says We May Never Know If PG&E Caused Fires

California’s chief utility regulator said the state may never determine whether PG&E Corp.’s electrical equipment played a role in igniting the deadly blazes near San Francisco earlier this month.

The wildfires, which have killed at least 42 people and destroyed thousands of structures across California’s iconic wine country, may have also burned the evidence necessary to find out what caused them, Michael Picker, chairman of the state’s Public Utilities Commission, said in an interview Wednesday. Utility owner PG&E has meanwhile lost more than $6 billion of its market value amid speculation that downed power lines may have contributed to igniting the fires.

“We still don’t know whether the fires caused pole or line damage or the poles caused the fires,” Picker said while attending a symposium organized by grid manager California Independent System Operator Corp. in Sacramento. “They may never sort it out.”

What is clear, he said, is that the state must consider climate change’s role in how severe wildfires have become and enhance its safety programs. His remarks echoed ones made by PG&E’s own chief executive officer, Geisha Williams, earlier this week. In an interview with the San Francisco Chronicle, she stressed the need to consider the right climate strategies as opposed to focusing on tree-trimming.

The devastating fires threaten to weigh on PG&E’s stock for months as state agencies investigate PG&E’s equipment as one potential cause. JPMorgan Chase & Co. estimated the company faces $12 billion of potential gross liability based on other state fires and updated damage. Under state law, the utility may be liable for damages even if negligence isn’t involved, according to Morgan Stanley.

The Public Utilities Commission has asked PG&E and telecommunication companies to preserve evidence in the areas of the wildfires. The agency is also looking into PG&E’s tree-trimming and maintenance activities where the blazes started.

When asked about recent calls to dissolve or split up PG&E should it be found negligent, Picker said Wednesday that the company’s structure would probably be taken up as part of an ongoing review of its safety culture.

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Posted by Insurance - 04/05/2018 at 19:40

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PEMCO in Washington Names Vigil to Executive Team, Barry as Vice President of Claims

Seattle, Wash.-based PEMCO Insurance has named M.J. Vigil to its executive team as the company’s new vice president of people and brand.

PEMCO also named Paul Barry to its executive leadership team as vice president of claims.

Vigil will be responsible for guiding the overall customer and employee experience for PEMCO. Vigil is joining the organization under a newly created role on the executive team. In addition to the strategic oversight of the employee and customer experience, her role will have functional leadership for PEMCO’s people services and marketing and communications areas.

M.J. Vigil

Paul Barry

Vigil has 20 years of human resources, customer service and business leadership experience. She spent 14 years at Starbucks holding various leadership roles, most recently as vice president of human resources. Prior to Starbucks, Vigil led talent acquisition, training, and operations for Northwest hospitality companies, including Schwartz Brothers, Cucina Cucina, and Restaurants Unlimited.

Barry replaces Steve Miller, who is retiring at the end of the year. Barry will begin transitioning into his new role, working with Miller through the fall.

Barry has been the senior systems manager for PEMCO’s digital services team since 2015, and he has more than 30 years of insurance industry and claims experience. He got his start in the industry as a claims adjuster. Barry worked for Safeco Insurance from 1985 to 2006. In 2004, he became the vice president of national operations.

PEMCO is a Northwest company providing auto, home, and boat insurance.

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Posted by Insurance - 04/02/2018 at 19:40

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