Monthly Archives: <span>June 2003</span>

Contractors in Need of Relief

With the iffy economy and a plague of insurance problems, building contractors may feel like they’re being persecuted. Fortunately, interest rates have been hovering at historically low rates keeping residential building starts from tanking completely, despite high unemployment in the …

The American Dream in California is Just That-A Dream

When you hear the phrase, “I want to live the American dream,” and you ask what that means, many people say that they want to own their own home where they can raise their family. Unfortunately, the dream is becoming …

Weiss Ratings Drops a Bomb on the Med-Mal Debate

Martin D. Weiss, the head of the Florida-based rating service that bears his name, couldn’t have chosen a better way to ramp up the debate over medical malpractice lawsuits, and the increased costs of insurance coverage, than to challenge the …

Born to be Wild or Something Like It

Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s song, “Born to be Wild,” reinforced the stereotype of …

IICF Celebrates 10 Years of Charitable Giving

The Insurance Industry Charitable Fund (IICF) recently marked their 10th year anniversary at their annual Gala celebration, held this year at the San Francisco City Hall. Over the past 10 years, the IICF has evolved as an organization, making its …

AAI Urges NCOIL to Take Initiative on Market Conduct Reform

Modernization of how states monitor insurer market conduct is a key element to preserving state regulation of insurance, and state legislators can play a key role in making sure existing initiatives are implemented quickly and efficiently, according to a long-time …

New AIG Construction Specialty to Focus on Builder & Contractors

Responding to the lack of availability in the construction market, AIG Excess Casualty recently introduced a new excess casualty practice for builders and contractors, AIG Construction Specialty. AIG Construction Specialty provides commercial umbrella liability insurance against events such as construction …

Minority and Women Agents Look to Tap Emerging Markets

Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the success of women …

IBA West Gets Down to Business Amidst Sun and Sand

Warm sun and the white sandy beaches of Kona, Hawaii, lent itself host to IBA West’s annual Blue Ribbon Conference last month, where agents, brokers, and top industry executives came to explore the latest news and information from top insurance …

NICB Says Port, Border Areas Special Targets for Vehicle Theft

The National Insurance Crime Bureau (NICB) reported that nine of the top 10 metropolitan areas for vehicle theft are in or near ports and Canadian and Mexican borders or within easy reach of them. The 10 metropolitan areas (MSAs) with …