While the total dollar value of claims may not wind up being catastrophic, the damage done was certainly dramatic during the spree of car bombings that struck Los Angeles over the New Year's weekend.
A two-year investigation by the California Department of Insurance’s Fraud Division has resulted in the arrest of 20 people allegedly involved in a Los Angeles-area auto insurance fraud ring that cost insurers more than $1 million.
The Los Angeles branch caters to brokers in Arizona, Hawaii, New Mexico, South California and Southern Nevada. It has been open and operating since October 2009.
Los Angeles has accused Ambac Financial, MBIA, XL Capital Assurance, ACA Financial Guaranty, Financial Guaranty Insurance Co. and CIFG Assurance North America of plotting to support a bifurcated system of credit ratings that pressured states and
William Blake, regional executive for Zurich's Southwest Region, said in a statement: "This office will increase our market profile and enable our staff to spend more time with agents, brokers and our
William Blake, regional executive for Zurich's Southwest Region, said in a statement: "This office will increase our market profile and enable our staff to spend more time with agents, brokers and our
Zurich's North American commercial business divisions have opened a new office in downtown Los Angeles. William Blake, regional executive for Zurich's Southwest Region, said the decision was made for the company to be more