Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A recent column by Sacramento Bee newspaper’s Dan Walters reportedly indicates that Garamendi sought a provision …
State Farm’s California management has given the go-ahead for a statewide consolidation of claim and business administration offices, including the closing of the major operation centers in Westlake Village and Costa Mesa. In addition, the company plans to go from …
Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a year. The online …
California Workers’ Compensation Insurance Rating Bureau’s (WCIRB) Governing Committee approved the filing of a proposed 11.9 percent increase in pure premium rates effective Jan. 1, 2003 for new and renewal policies at their July 24 meeting. “This is part of …
Saying it is a move that will benefit both groups, the National Association of Independent Insurers (NAII) has a tentative agreement in place to take on the Association of California Insurance Companies (ACIC). Joe Annotti, assistant vice president for public …
The Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance Counselors (CIC), both headquartered in Austin, have selected the state winners of the 2002 Outstanding CSR of the Year Award. Tammy Crider captured the honor in …
Fitch Ratings released a special report, “Asbestos: Impact on the U.S. Insurance Industry,” describing how future claims will affect property and casualty insurers. The report includes estimates of insurers’ future asbestos liability, a survival ratio target for the property/casualty industry, …
Insurance associations have been abuzz the past couple of weeks with regard to impending changes and new proposals to privacy regulations under Congress’ Gramm-Leach-Bliley Financial Modernization Act (GLB). Each state has already finalized details fulfilling one aspect of the GLB …
A recent article in The Cincinnati Enquirer perfectly (albeit accidentally) illustrates how vexing the toxic mold issue can be, how stridently companies and industries try to protect themselves from its consequences, and how difficult it is to determine who is …
The U.S. insurance industry must have breathed a collective sigh of relief recently, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile the bill, the Terrorism Risk Insurance Act (S. …
