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

PRIVACY, WORKERS’ COMP DOMINATE UTAH’S LEGISLATIVE SESSION

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 …

FARMERS SAYS NORTHERN CALIF. AUTO GLASS BUSINESS INVOLVED IN SCAM

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 …

Top brokers, agents head for idea exchange at Hawaii bungalows

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 …

Colorado medical payments coverage bill killed

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 …

Solve the multi-state surplus tax problem now

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 …

Hawaii leads nation in motorcycle theft

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 …

ARIZ. SENATE CONSIDERING LAW TO PROTECT CONSUMERS’ INFORMATION

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 …

For O&G operators, contracts and coverages go hand in hand

(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 …

Multi-state class actions could infringe on state regulators

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 …

Be Prepared

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 …