February 5, 2006
There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of bills are likely …
February 5, 2006
A doctor has pleaded not guilty to charges of bilking insurance companies by arranging unneeded surgeries with the cooperation of patients. Dr. Mamdouh Bahna, 58, who entered his plea in federal court, was taken into custody Jan. 1, Assistant U.S. …
February 5, 2006
Morgan Hill, Calif.-based DMI Insurance Services Inc., has created a wholesale division that will specialize in excess and surplus markets for independent auto dealers and automotive specialty shops. Tina Evans, an insurance professional with 15 years of experience, has been …
February 5, 2006
Wash. Reports 79 Workers Died on the Job Seventy-nine workers died on the job in Washington in 2005, down from 93 in 2004, and 112 fatal workplace injuries in 1998, the state Department of Labor and Industries (L&I) reported. According …
February 5, 2006
Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha state. Auto and homeowners insurance products will be provided …
February 5, 2006
CLASS ACTION FILED Calif. State Fund vs. interpreters TRAUMA CARE REIMBURSEMENT Colo. seeks to modify requirements EMERGING RISKS Unknown exposures could create extensive claims
February 5, 2006
I nsurers are cultivating California’s economy. In fact, the insurance industry benefits “the economic security of California and its citizens through claims and benefits paid to policyholders; investments in California’s infrastructure, housing, transportation, education and business growth; the generation of …
February 5, 2006
Chris R. Alcala of Los Angeles has filed a petition for class action against California’s State Fund Compensation Insurance Fund for mispaying for interpreting services. According to the petition, SCIF paid $45 – instead of the mandatory $90 fee required …
February 5, 2006
The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005. The National Association of …
February 5, 2006
Carve Diem: The 2006 Peak Performance Ski Conference Insurance professionals were asked to sharpen more than just their skis at the 2006 Peak Performance Ski Conference held Jan 25-28 in Vail, Colo. At the conference, reinsurance carriers, reinsurance intermediaries, professional …