Monthly Archives: <span>May 2005</span>

Workers’ Comp: An Introductory View into Loss Sensitive Plans

At a time in the California workers’ compensation marketplace where insureds are desperately seeking rate relief, many have begun to seriously evaluate alternatives to the traditional guaranteed cost plans they have been offered in past years. Loss sensitive rating plans …

Editor’s Note: Get with the Programs

If Insurance Journal readers have one consistent request it is for more information about available markets. No matter their agency size, history, politics or niche, readers like knowing about new opportunities for their own businesses, as well as about what …

Rodney Pierson

Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his recent executive role with Shurgard Storage Centers Inc., and …

New Markets

Hospitality and Leisure Companies Nuts & Bolts: Schaumburg, Ill.-based commercial P/C insurer Zurich North America launched a new coverage endorsement aimed at combining coverages for limited-service, full-service and resort companies in the hospitality and leisure industries. The new offering bundles …

News Briefs

JURY REACHES PARTIAL VERDICT IN EXECUTIVE LIFE CASE: A jury reached a partial verdict in the case involving the illegal takeover of failed insurer Executive Life Insurance Company on May 9, according to the Associated Press. The jury reached seven …

How a Multi-line Approach Can Strengthen Your Business

Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are …

How a Multi-line Approach Can Strengthen Your Business

Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are …

AIA Commends Senators’ Sponsorship of Federal Teen Driver Licensing Bill

The American Insurance Association commended Sen. Christopher Dodd (D-Connecticut) and Sen. John Warner (R-Virginia) for their sponsorship of S. 795, the National Graduated Driver Licensing (GDL) Incentive Grant Program. A GDL system phases young beginners into full driving privileges as …

Former California State Fund President Webb Passes Away

Former State Fund President Jack Webb, one of the most influential and colorful figures in the 91-year history of California’s workers’ compensation insurance system, died May 2, 2005. Webb had been undergoing treatment for lung cancer. A Petaluma, California resident, …

Tsunami Warning: Spitzer is Coming

This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places were hit very …