The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures that were not approved by the deadline …
The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust regulations aimed at the insurance industry. “It’s a fact: agents and …
The California State Senate recently passed SB 2 and SB 518, two homeowners bills that are now in the Assembly Insurance Committee. Both bills passed 23-15 in the Senate. SB 2, authored by Senator Jackie Speier (D-Hillsborough), is intended to …
A reported 15 homes are said to be destroyed on June 1 in Laguna Beach, California, due to a landslide in the Bluebird Canyon area, according to the Los Angeles Times. Only minor injuries have been reported. Approximately 20 homes …
Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently recommended that carriers decrease their workers’ comp rates by 18 percent, while …
WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s largest insurance brokerage firm to settle allegations of fraud and anti-competitive …
Few professionals understand more than insurance agents how unprepared Americans can be for life’s dangers. A new survey confirms agents’ fears about their own customers. It shows ours to be a nation of citizens who while worried about illness, accidents, …
The California State Senate recently passed SB 2 and SB 518, two homeowners bills that are now in the Assembly Insurance Committee. Both bills passed 23-15 in the Senate. SB 2, authored by Senator Jackie Speier (D-Hillsborough), is intended to …
Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently recommended that carriers decrease their workers’ comp rates by 18 percent, while …
The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust regulations aimed at the insurance industry. “It’s a fact: agents and …
