March 20, 2006
Utah insurers faced a busy and difficult year during the Utah 2006 legislative session, according to the American Insurance Association. “Insurers had to play a lot of defense this year,” said Steve Suchil, AIA assistant vice president for the western …
March 20, 2006
Farmers Insurance Exchange, Los Angeles, has begun serving civil summons and complaints on Redding, Calif.-based auto glass company Onsight Auto Glass and its owner. Farmers is accusing the company of taking part in a scheme designed to defraud the insurer …
March 20, 2006
Senior executives and producers are scheduled to meet and exchange “cutting edge” ideas at the Insurance Brokers and Agents of the West (IBA West) Blue Ribbon Conference on the Big Island, Hawaii, on April 30-May 4. The conference, in its …
March 20, 2006
Legislation forcing Colorado drivers to purchase additional emergency medical insurance coverage as part of their auto insurance policies was defeated in the state’s Senate Appropriations Committee by a vote of 6-3. Senate Bill 19 would have required drivers to purchase …
March 20, 2006
The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116-year history of the industry. In recent years, the multi-state …
March 20, 2006
Honolulu motorcycle riders are most likely to have their bikes stolen, although the city is the 53rd largest metropolitan area, according to a recent study by Progressive Group of Insurance Companies. A motorcyclist in Honolulu is four times more likely …
March 20, 2006
Members of the Arizona Senate are considering a bill designed to safeguard the personal information of Arizona residents. SB 1338, authored by Sen. John Huppenthal, R-HD 20, requires businesses to notify their customers if data containing clients’ personal information is …
March 20, 2006
(Editor’s note: This is the third article in a series of five addressing risk management for oil and gas operators. The first article appeared in the Aug. 22, 2005, issue of the West region edition on page 66. The second …
March 20, 2006
Allstate Insurance Co., the National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America have joined forces requesting a review of a Court of Appeals decision involving a multi-state class action appeal currently before the Washington …
March 20, 2006
Are insurers prepared for the next big disaster? According to a new report released by GE Insurance Solutions, massive growth along the nation’s coastlines has dramatically increased the potential for insured losses, even without a cyclical increase in the frequency …