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

News Currents

Low-Cost Auto Insurance Expands to Six Calif. Counties Anew California law will allow low-income residents in Alameda, Fresno, Orange, Riverside, San Bernardino and San Diego counties, to purchase driver’s insurance for less than $400, beginning April 1. Until now, a …

During catastrophic times, the majority of respondents (52percent) believed that it would be advantageous for their company to have multiple lines of commercial insurance with one carrier.

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. …

New Markets

New Markets Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third-party liability. Policies can be written monoline or as part of the directors’ and officers’ or partnership liability. Both new ventures and …

News Currents

John Garamendi 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 …

News Currents

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 …

SPECIAL REPORT: First Flood

Just like traffic, higher gasoline prices and high housing costs, Californians have come to expect certain things living in the Golden State. Most recently, it has been the rainy season, which many insurance agents and claims adjusters know like clockwork. …

People

Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents’ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich in Baltimore, Md., and has represented Zurich Small Business …

Spotlight: Counseling Buyers

Multiline Productivity Poll: Agents play key role in understanding risk Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by property and casualty insurer Wausau …

Wash. Commissioner Kreidler wants fraud unitto 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 …