January 28, 2002
Washington workers suffered slightly fewer injuries and illnesses in 2000 than they did in the previous year, according to survey results released by the Washington Department of Labor and Industries. The continuing drop in the numbers means that Washington workplaces …
January 28, 2002
A bill that would permit motorcyclists 18 and older to discard their helmets will do nothing but increase the number of motorcycle-related injury accidents and deaths in California, according to the Personal Insurance Federation of California (PIFC). According to Michael …
January 28, 2002
Challenges to the use of credit scoring in underwriting and rating, and consumer privacy matters related to the Gramm/Leach/Bliley Act (GLB) will top the insurance issues considered by state legislatures in 2002, according to a survey of National Association of …
January 28, 2002
The California Department of Industrial Relations (DIR) recently approved a plan allowing some private sector groups to self-insure workers’ compensation liabilities. California Motor Car Dealers Comp Plan became the first to selfinsure in early January. DIR noted that there are …
January 28, 2002
According to the Los Angeles Times, after a threeyear experiment, California-based 21st Century Insurance has decided to stop selling homeowners insurance in the state. Instead, 21st Century will refer customers to DirectNet Insurance Agency Inc., a provider of homeowner, rental …
January 28, 2002
The California Association of Insurance and Financial Advisors (CAIFA) and the Professional Insurance Agents (PIA), two Sacramento-headquartered organizations that have worked together for years on legislative and other activities, agreed to create a joint lobbying entity— the Coalition of California …
January 28, 2002
The California Insurance Wholesalers Association endorsed Assemblyman Thomas Calderon in his bid to become the next Insurance Commissioner in California. Calderon has won the support of a number of groups, including: The Service Employees International Union; United Food and Commercial …
January 28, 2002
One month ago, when the insurance industry resigned itself to the fact that there would be no immediate provision of a federal terrorism reinsurance backstop, the reactions of individual states to this reality became a center of focus. By the …
January 28, 2002
• A California man pled guilty to knowingly receiving, possessing and without authorization appropriating stolen trade secret information belonging to his former employer—specifically, customer and order information in databases relating to his employer’s sales. He admitted to having made $300,000 …
January 28, 2002
“Bankruptcy” and “Chapter 11” are inadequate terms to describe the carnage left in the wake of Enron’s collapse, which affected the lives of thousands of people, numerous banks and dozens of insurance companies. The tremors reverberate from the U.S. through …