Monthly Archives: <span>January 2006</span>

Colo. legislators to tackle auto insurance in 2006 session

The 2006 legislative agenda for property/ casualty insurers in Colorado will be dominated by automobile insurance and regulatory issues, according to the Property Casualty Insurers Association of America (PCI), based in Des Plaines, Ill. According to Kelly Campbell, regional manager …

ARIZ. SENATOR WANTS TO DENY FUNDS TO DRIVERS WHO LEAVE KEYS IN CAR

Glendale, Ariz., Republican Sen. Linda Gray is pushing legislation that would allow insurers to refuse to reimburse drivers if companies can prove that the keys were left anywhere in the vehicle, and not just the ignition, according to The Arizona …

LAWSUIT REVIVED AGAINST STAPLES CHAIN OVER INSURANCE CHARGES

A California appeals court has reinstated a lawsuit that claims office supply chain Staples Inc. cheated customers by charging them for insurance when shipping some products. The 2nd District Court of Appeals, in a 2-1 decision, ruled that Staples was …

Cooper & McCloskey buys Moore Special Risk

Jim Moore, owner of Moore Special Risk, has sold his wholesale brokerage to Cooper & McCloskey Inc., a San Francisco-based wholesale brokerage started in 1997. The transaction was completed Jan. 1. According to Keltie McCloskey of Cooper & McCloskey, “The …

PCI opens Denver office to serve five western states

The Property Casualty Insurers Association of America (PCI) has appointed Kelly Campbell as the regional manager of its newly opened office in Denver. Campbell will serve PCI members and address state legislative and regulatory issues affecting the property/casualty insurance industry. …

Hawaii recognized as first state to be tsunami and storm ready

The National Weather Service has declared Hawaii the first state in the nation to be tsunami- and storm-ready. Only 23 communities in the nation are tsunami-ready, according to David L. Johnson, director of the service. Sen. Daniel Inouye, D-Hawaii, said …

INSURERS HAPPY CALIF. MOTORCYLE HELMET LAW NOT WEAKENED

Earlier this month, legislation was introduced by Sen. Denise Ducheny, D-San Diego, to permit motorcyclists 18 years and older to ride without helmets if they could show proof of having medical insurance. The bill was considered Tuesday, Jan. 10, by …

WASH. COMMISSIONER KREIDLER WANTS FRAUD UNIT TO INVESTIGATE STAGED ACCIDENTS

Washington State Insurance Commissioner Mike Kreidler wants to create a new fraud unit to investigate staged traffic accidents. Those can involve a network of lawyers, doctors, chiropractors and physical therapists. Kreidler says he’ll request about $2 million in funding from …

Wash. anti-fraud auto insurance bill wins committee approval

In Olympia, Wash., a legislative committee amended and passed legislation that is designed to assist consumers injured in intentional “road rage” collisions — and protect insurers against auto insurance fraud, according to Kenton Brine, northwest regional manager for the Property …

Garamendi’s proposed auto rate regs will likely cause rate hikes

Insurers’ estimates say 61 percent of California drivers could pay more. Concern continues to build against California Insurance Commissioner John Garamendi’s plan to impose new regulations for determining auto insurance rates. At the Department of Insurance’s Auto Rating Factors Workshop, …