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

Garamendi Accuses Insurance Industry of Racial Discrimination

Two associations have responded to Commissioner John Garamendi’s recent accusations that the insurance industry’s rating practices are “blatantly discriminatory” and based on ethnicity. Garamendi’s comments recently appeared in an April 20 article in the Contra Costa Times. Representatives of the …

Accident Victim’s Attorney Asks Court to Limit Access to Medical Records

A lawyer for a woman suing over injuries from a 2001 car accident asked the Colorado Supreme Court to limit the other side’s access to her medical records, saying insurance companies have abused such information and need to be reined …

PIFC: California Commissioner’s Proposed Homeowner Regs Flawed

There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative Law on April 26, according to The Personal …

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 …

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 …

ACT! Now to Improve Sales – Contact Management for the Modern Agent

During the summer of 2004, ISU Curry Insurance, a commercial insurance brokerage, was looking for a way to keep track of its 6,000 contacts. The answer came with the introduction to an Act! consultant who unleashed the power from within …

To Subscribe or Not Subscribe That is the Workers’ Comp Question

As Texans, we pride ourselves on our rugged independence and our determination to forge our own path. That is certainly what Texas has done in the area of workers’ compensation, the state-regulated insurance program that pays medical bills and replaces …

My Brother’s Keeper-Duties and Liabilities of Agents and Brokers

Insurance plays an important role in today’s society in protecting individuals and businesses from different risks. A wide variety of policies and products have been developed to cover common, and not so common, risks inherent in today’s business world and …

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 …

Could Washington Be Listening to Small Business?

Many of the greatest problems small businesses face are government-related, particularly something they call ‘unreasonable government regulation.’ There probably are few American small business owners who could correctly identify the federal group whose primary job is to keep the president …