February 5, 2006
There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still many losses that need to be adjusted, what …
February 5, 2006
Jones v. County of Missoula (Montana, Jan. 4, 2006) Ruling: At issue on this appeal was whether the county deprived citizens of their constitutional right to participate in the operation of government by failing to give citizens proper notice of …
February 5, 2006
People Bob Amado, president of Colemont’s Northern California offices, has retired, effective Jan. 1, 2006. Doris Barnett has been named his successor. Amado joined Colemont in 1997 and was instrumental in growing the company’s offices in San Francisco, Sacramento and …
February 5, 2006
New Mexico Set to Better Protect Credit New Mexico’s Personal Insurance Credit Information Act (PICIA) took effect Jan. 1. According to the Rocky Mountain Insurance Information Association, PICIA requires insurance companies to limit the use of credit information when selling, …
February 5, 2006
New Markets Nuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists – plastic/cosmetic surgeons, emergency room physicians, lasik surgeons, orthopedics, etc. – except for obstetrics and bariatric surgeons. Dollars: Limits of …
February 5, 2006
The California Assembly is considering a bill that would require insurers to report biannually to the insurance commissioner their community development investments. When it was initially introduced, AB 925 would have required insurers to invest 1 percent of their premium …
February 5, 2006
News Currents The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market competition,” according to comments filed at a public CDI hearing on Jan. 24, 2006, in Los …
February 5, 2006
Colo. Considers Emergency Responder Proposal Colorado legislators are considering an amendment that would eliminate a requirement for auto insurance customers to purchase compulsory coverage to pay for emergency medical care services. The proposal was offered as an amendment to SB19 …
February 5, 2006
That the investigation of New York Attorney General Eliot Spitzer into compensation practices of the nation’s insurance brokers and carriers brought to light the unethical behavior of some bad industry apples was a good thing, according to a panel of …
February 5, 2006
Doing the right thing is profitable