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

Two Homeowners Bills Move to California Assembly

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 …

How to Increase Worker Savings? 401(k)s Provide Ideas

Five Percent Employer Match Proves Very Popular Among Workers What does it take to get workers to save more in their retirement plan? Based on the 401(k) experience, the message from workers is clear: “Show me the money” says the …

California Legislative Round Up

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 …

Small Business Owners Face Gaps, Confusion over Insurance Problem

Many U.S. small business owners face a major gap in their insurance coverage or do not fully understand coverage they have, a new national survey conducted by Trusted Choice® finds. Trusted Choice® agencies are insurance and financial services firms that …

Fearless Marketing

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, …

WIAA Fights Back Against Calif. Commissioner’s Proposed Regulations

Brochure Reveals Rift among Agent/Broker Trade Associations 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 …

Think Moderation on Loss History Reports Regulation

Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most buyers hire a home inspector to thoroughly check the …

North Dakota’s SB 2186 Should Be a Template for NAIC Model

Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common sense protections against unfair underwriting and rating actions by insurers because of information in loss history databases, such as CLUE and A-Plus. While the consumer …

Apartment Building Program

Nuts & Bolts: New Age Brokerage LLC, based in Morristown, N.J., made available a comprehensive apartment building insurance product, now available to insurance agents and brokers in New York, New Jersey, Pennsylvania, Maryland, West Virginia, Virginia, North Carolina, Tennessee, South …

E&O Liability Product

Nuts & Bolts: Kansas City-based underwriting manager and claims administrator Euclid Managers LLC launched ProtoType, an insurance product for manufacturers. The product features errors and omissions, Web site protection, security coverage, copyright and trademark infringement, defamation, privacy and other personal …