California Insurance Commissioner John Garamendi has announced he is introducing new regulations that require insurers to base auto rates primarily on a driver’s record and not on ZIP code. According to the commissioner, he wants to fulfill the intent of …
Co. v. Dennison (Hawaii Court of Appeals, Oct. 11, 2005) Ruling: The insurer in this case filed a declaratory judgment action against its insured, alleging that it was not liable for emotional distress damages caused when the insured saw his …
A St. George, Utah, man who faked his death on Pine Valley Mountain last summer and then fled to Australia pleaded guilty to one count of conducting a false or fraudulent scheme to obtain fees or services, a second-degree felony. …
Construction – General Contractors and Artisans Nuts & Bolts: Hull & Co., Stockton, Calif., has added another company to its array of contractors markets. The new market is Best’s rated “A,” IX and writes both general contractors and artisans. Key …
In Star Roofing Company Inc. v. The Workers’ Compensation Insurance Rating Bureau (WCIRB), the California Insurance Commissioner recently issued a ruling that could affect the way workers’ compensation premiums are calculated for California employers covered by a carrier that subsequently …
When David Rivera was appointed Insurance Commissioner by Colorado Governor Bill Owens in April 2005, he was the youngest commissioner in the United States. Despite his age, however, Rivera already had a wealth of experience, having served as the governor’s …
Lawson-Hawks Acquires Healthcare Property/Casualty Group Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., has acquired the El Dorado Hills, Calif.-based Healthcare Property/Casualty Group operation of USI Holdings Corp. The Healthcare Property/ Casualty Group specializes …
The California Insurance Wholesalers Association has launched a grassroots campaign to help its members have a more active and profound voice at the state legislative level. According to Mark Maucere, association president, the state’s special election in 2005 proved that …
An Alaska Superior Court recently ruled that credit history can be used in insurance underwriting. That is a major victory for consumers, according to the Property Casualty Insurers Association of America (PCI). “This decision upholds our contention that the use …
Builders and trade contractors vie to bring carriers back to the Golden State. During the past few years, builders and trade contractors in California have endured triple-digit rate increases and an exodus of insurance carriers, according to an informal survey …
