After being dropped by their insurance companies, Adams Ambulance Co. of South Gate and about 95 California ambulance services have formed an insurance company in order to meet the $1-million liability coverage required by many cities.
Adams, which provides paramedic service to the city of Lynwood and ambulance service to the cities of Downey, Bell Gardens, Lakewood, Bellflower and Norwalk, was able to meet those cities' requirements for $1 million in liability coverage before July 1 when Adams' insurance policy expired.
Tri-Star Insurance Co., a Phoenix-based company, was formed by members of the California Ambulance Assn. and various ambulance companies in Arizona, according to William F. Gregg, a spokesman for Gregg-Miller & Associates of Phoenix. Gregg-Miller & Associates is the insurance consultant for the American Ambulance Assn.
According to Gregg, insurance through Tri-Star is available to all California ambulance companies, who will be evaluated according to normal underwriting standards.