A bill aimed at closing a loophole in California’s workers’ compensation laws that allows doctors to profit from big markups on prescription drugs they sell to their patients appears has died in the current legislative session. Assembly Speaker Fabian Nuñez, …
The California Senate has approved two bills designed to ease the process of rebuilding for victims of natural disasters in the state. Senate Bills 2 and 518 share a provision requiring insurance companies to pay the living expenses of victims …
The California Department of Insurance has plans to introduce the third iteration of its broker fiduciary responsibility regulations, much to the chagrin of the American Agents Alliance. In October 2004, the DOI introduced its first proposed Broker Fiduciary Regulations. The …
The Utah Supreme Court has declared that Workers Com-pensation Fund’s assets are owned by policyholders, not the state. The ruling in favor of WCF settles long-standing challenges by the State of Utah and upholds previous Supreme Court and district court …
Colorado’s average fire season has been a double-edged sword for Brett Gibson, a volunteer fire department chief in the tree-covered hills west of Boulder. He appreciates the lower threat of fires. But he is having difficulty getting residents to do …
California’s State Compensa-tion Insurance Fund has announced it will disclose broker commissions on new and renewing business to policyholders. SCIF also said it is revising its base commission structure. Beginning Oct. 1, 2005, insurance quotes and terms letters will display …
The insurance industry has made great strides toward increasing diversity in the past decade. Although there is still room for improvement at the top, there are doors open to Latinos, people of color and women more than ever before in …
Dr. Robert Moore, former senior vice president of Alexander & Alexander Services Inc. (now owned by Aon Corporation), and also past president of the National Association of Insurance Brokers, sat down recently with his collaborator, John Bogardus Jr., in a …
Affable Aquarius (January 21 — February 19) The gentle qualities of Aquarius are reflective in an average claims record on all counts. Aquarian drivers consider themselves sensible, responsible and family-oriented with a relaxed, patient attitude toward driving. Star driver: Zsa …
In the mainstream population, decisions about which insurance provider or broker to do business with may be influenced by television, radio or the yellow pages phone directory. In the Latino community, people are more likely to turn to friends, relatives …
