Monthly Archives: <span>August 2001</span>

Credit Scoring: No Surprises

The public doesn’t like surprises—especially when those secrets involve the use of personal financial info. Credit scoring has been around for years, but like the use of non-OEM parts, it’s safe to say that the public is not overly aware …

Mold: The Next Asbestos’ Maybe, Maybe Not

Some commentators on the mold issue compare it to the situation that insurers continue to face regarding asbestos. But does it have to be that way? While there are striking parallels, there are also significant differences. Perhaps the first thing …

It’s Fire Season: Time to Brush Up on Coverage and Prevention

Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster. As of Aug. 15, close to 300 …

Asbestos Claims: ‘The Shroud’ Over the Industry

Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of impending doom. Hickey, like everybody else, expected asbestos-related claims to …

Fear of the Unknown: The Mold Issue Raises More Questions Than Answers, Part I

Editor’s Note: This is the first of a two-part series dealing with the rising issue of toxic mold claims. These days, an Internet news search on the word “mold” will bring up numerous articles testifying to the fact that mold …

American Agents Alliance to Stir Up Ideas at 2001 Conference & Expo

A two-day “Agency Management Training Camp” is among the highlights of the American Agents Alliance 2001 Conference & Expo, to be held Sept. 19-23 at the Westin Mission Hills Resort in Rancho Mirage, Calif. The two-day camp, which will be …

AIA Comments on Legislative ‘Highlights’ of Calif. Session’s Final Weeks

As the West Coast heads into the “dog days of summer,” the California Legislature commenced the final four weeks of its 2001 session on Aug. 20. To mark the occasion, the American Insurance Association (AIA) recently held a briefing to …

Battle for Reliance Assets Heats Up

The fight for Reliance Insurance Company’s (RIC) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent company, Reliance Group Holdings (RGH), which has filed for …

Politics Can Lead to Bumps in the Road for Auto Insurance

Overregulation in the auto insurance industry may be an accident that has already happened in some states; but regulators can look to other states as examples of how regulatory requirements can be uniform and yet flexible to accommodate the needs …

POLIS Strikes Partnership with Durham & Bates, Xenium Resources

POLIS, a technology company pioneering cost- and time-efficient workplace compliance solutions, has formed strategic partnerships with Durham & Bates Insurance Brokers and Agents, a regionally based insurance brokerage, and with Xenium Resources, a human resources outsourcing/professional employer organization (PEO). The …