Monthly Archives: <span>April 2004</span>

Agents Lobby to Renew, Reform National Flood Program

Members of the Independent Agents and Brokers of America (IIABA) testified before a Senate committee to make a case for renewal and reform of the National Flood Insurance Program (NFIP). Bill Stiglitz, an agent with Hyland, Block, Hyland Insurance of …

Surplus Lines Products For Homeowners – Salvation or Cause for Concern’

In 2004, the California homeowners and dwelling marketplace continues to erode. In October 2003, catastrophic wildfires destroyed 790,000 acres of brush and forest land, and along the way destroyed 3640 homes, 1141 outbuildings and 33 business entities. This catastrophe, resulting …

LAAA Prepares for Expansion, Upcoming Annual Convention

Founded five years ago to address the specific needs of the Hispanic insurance community in California, the Latin American Agents Association (LAAA) is well known for its popular monthly meetings and entertaining annual convention. By attending these events, agents and …

Bonds: A Return to Disciplined Underwriting

Writing surety bonds is a niche that perfectly illustrates why specialization is so important in the insurance industry. Bond underwriters need to exercise the utmost caution when issuing bonds, and they need to make sure they have done thorough background …

One TPA Says it Has the Secret to Reining in Comp’s Transition Costs

At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the back reveals his muscled frame, the one …

Underwriting Upscale Homes the Right Way

Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in the United States and Canada. These special homes are …

The Sad Case of the Mad Cow

The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …

The Silver State – Sagebrush, Hoover Dam and Vegas

The United States Census Bureau’s Census 2000 estimated the population of the state of Nevada at 1,998,257. Approximately 81 percent of the adult residents had graduated from high school and about 18 percent had earned a bachelor’s degree or higher. …

Wash. Drivers with High Incomes, Degrees Speed More Often

According to a PEMCO Insurance survey, the person passing you on the highway well above the speed limit is more likely to have an advanced education and earn a higher income than those traveling at safer speeds. The findings are …

Wash. L&I Suspends Registration of Contractors

Two Vancouver, Wash.-area construction companies and a Port Angeles contractor are the first to lose their registration as a result of action taken by the Wash. Department of Labor and Industries (L&I) for failure to pay workers’ compensation premiums. The …