Usaa Casuality Auto Insurance Ratings

Wells Fargo Insurance Services Expands Focus on Technology; Announces Silicon ...

Continuing to expand its Bay Area team, Wells Fargo Insurance Services USA, Inc. – part of Wells Fargo & Company – today announced Kathy Hinz, Darryl Ives and Rod Okimoto have joined its Bay Area-based Technology Practice and will open a new office in San Jose. They will lead efforts to identify new business opportunities, strengthen customer relationships in Silicon Valley and help to expand Wells Fargo Insurance Services’ presence in the market. They will each report to Rod Sockolov, managing director and Technology Practice leader for Wells Fargo Insurance Services’ San Francisco Bay Area region.

“We are committed to strengthening our team by investing in top talent like Kathy, Darryl and Rod,” said Sockolov. “Their valuable knowledge and expertise will further strengthen Wells Fargo’s capabilities to provide our customers with the insurance and technology solutions they need.”

Okimoto joins Wells Fargo Insurance Services after working at Lockton and Aon in San Jose where he served Silicon Valley’s robust technology industry. Serving the needs of Silicon Valley companies for over thirty years, Okimoto started as a Highly Protected Risk (HPR) engineer at FM Global in Mountain View. He graduated with a degree in Industrial Technology from San Jose State University.

Ives also joins Wells Fargo Insurance Services after prior roles with Lockton and Aon where he developed and implemented risk management and insurance programs for technology companies. He has served clients as an outsourced risk manager, leveraging his 10 years of experience with National Semiconductor Company (NSC) in Santa Clara. Prior to NSC, he trained as an HPR field engineer with Industrial Risk Insurers in San Francisco and helped established their field office in Sydney, Australia. Ives earned his Bachelor of Science degree in Industrial Technology from Fresno State University and an MBA from San Jose State University.

2010 Top 10 Home Insurance Companies + Free Home Insurance ...

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Until Hurricane Andrew hit south Florida in 1992, causing the largest insured losses of any single natural disaster up to that point, most of us lived in blissful ignorance about our insurance coverage. Those days are long gone, thanks to some other unwelcome visitors named Katrina, Wilma, Rita, Charley, Jean and Frances. Not that the Southeast has a monopoly on natural disasters. At any given time, somewhere in the U.S. we are threatened by snowstorms, mudslides, floods, tornadoes, wildfires and other mood swings of Mother Nature. But these disasters are not just capable of wiping out roads and homes. They can wipe out your insurance provider too. In 2006, Poe Financial Group went under as a direct result of hurricanes Frances and Jean in Florida, and Vesta Insurance Group failed as a direct result of Hurricane Katrina.

The rest of the industry survived surprisingly well, in part because years of strong profitability had allowed them to build up strong capital reserves. Just as important, the increased use of reinsurance, or insurance from other insurance companies, over the past decade helped them move some of the risk off their balance sheets. However, the cost of reinsurance has risen sharply in the wake of the 2005 hurricane season. That means insurers are more exposed to catastrophic losses now. All the more reason to sign up with a strong company. Our ratings are based on many factors, including an insurer’s level of capitalization, the trend in its profitability, the adequacy of its loss reserves and concentration of its business geographically and along business lines.

The top three insurance providers on the list were the United Services Automobile Association, USAA Casualty Insurance and Inter-Insurance Exchange of the Automobile Club. All three earned an A-plus rating.

The nation’s 10 strongest homeowners insurers are below . Although based in a small number of states, they write business in multiple states and may write in yours. Contact them directly or through the state insurance department to check them out.