May 5, 2003
Only weeks ago it seemed that a series of well-publicized doctor walkouts across the nation had led not only to political pressure to enact malpractice award caps in crisis states but action at the national level as well. Now it …
May 5, 2003
It’s no secret that these days CSRs oftentimes are in contact with clients far more than an agent or producer is, and therefore, are crucial to the agency’s success. The role of the CSRs has evolved over the past couple …
May 5, 2003
Insuring The Children will present its ninth annual forum, “The Future of This Industry,” Thursday, May 22, at The California Club, 538 S. Flower St., Los Angeles. Registration begins at 8 a.m., with the Forum running 8:30 – 11:30 a.m. …
May 5, 2003
The Oregon Senate Judiciary Committee unanimously voted to pass Senate Bill 260, which would prohibit insurance carriers from using credit information for underwriting and rating policies, the National Association of Independent Insurers (NAII) said. SB 260 now heads to the …
May 5, 2003
Strict underwriting controls imposed on the California State Compensation Insurance Fund (SCIF) are one bright spot in a gloomy scene for workers’ compensation writers in the state, according to a new report by Standard & Poor’s Ratings Services. For employers, …
May 5, 2003
The escalating health care crisis that has reportedly been jeopardizing patient access to quality medical care across the country is beginning to claim victims in other areas of American life as well, starting with baseball. In a recent game between …
May 5, 2003
Prudential Financial’s property/casualty subsidiary has terminated the contracts it had with 200 independent agencies across the country recently in a move to focus its retail distribution on captive agents. While independent agents will be prohibited from selling any new Prudential …
May 5, 2003
The property/casualty industry continued to report strong growth in net written premiums for both the fourth quarter and full-year 2002 amid robust price increases across all sectors, according to the A.M. Best Co. Earnings for property/casualty insurers improved, despite another …
May 5, 2003
Reaffirming his instruction that it remains Calif. “insurer of last resort,” California Insurance Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for small employers who pay $25,000 or less in estimated annual premium …
May 5, 2003
Calif. Insurance Commissioner John Garamendi’s announcement of the seven-point business proposal to return State Compensation Insurance Fund to financial stability in March was naturally met with a great deal of apprehension by brokers across the state. Industry association IBA West …