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

ARIZ. WILDFIRE SEASON Experts Say Devastation Ahead WASH. EMERGENCY MANAGEMENT Funds Come From State, Not Insurers CALIF. WORKERS COMP TAKES TURN FOR THE BETTER NONPROFITS INVITE NEW EXPOSURES

Southern Oregonians seek help after floods Southern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting. They’ve got to wait for insurance adjusters to tell them how much they’ll cover for damages, and for investigators from …

Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …

Denver court denies class action certification in Morris v. Travelers U.S. District Court Judge Edward Nottingham has denied a class certification in Morris v. Travelers Indemnity Co. of America, according to Morrison & Foerster LLP. The law firm represented Travelers …

Outsourcing often receives a bad rap, with large corporations using it to reduce staff count, bureaucracy and overhead. However, for small- and medium-sized insurance agencies, outsourcing can be a valuable, even critical, tool to facilitate cost-effective growth and stimulate productivity. …

Workers’ comp court case could cost Montana fund $200 million A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s …

People Encino, Calif.-based NAS Insurance Services has appointed Richard Robin president. He will be responsible for overall operations, including underwriting, marketing and administration. Ed Robin will continue to serve as chairman and will remain responsible for overall management and direction …

Washington Senate passes emergency readiness bill A measure to improve Washington’s emergency readiness passed the state Senate, after a lawmaker agreed to bend to insurance industry insistence that the $5.7 million needed come from the state and not a surcharge …

Glendale Community College (Calif.) has added new credit courses for training in the insurance industry. Courses were developed as part of a $1.2 million President’s Community-Based Job Training Grant involving 16 California Community College districts and several employers and workforce …

Colorado defeats legislation to change auto insurance claims practices The Colorado House Business Affairs and Labor Committee has unanimously rejected a bill that would have created the legal assumption that if an insured accepts liability for property damage to a …