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

Poll Shows Drivers Don’t Save Money Immediately By Owning a Hybrid Vehicle

Most new-car buyers in Washington who are likely to buy a hybrid share a common misconception that owning a hybrid car will save them money through better mileage, according to PEMCO’s Northwest Insurance poll. The Seattle-based insurer’s poll showed that …

Technology

Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …

John Niedernhofer

Bob Williford People Barney & Barney LLC, a San Diego-based risk management consulting and insurance brokerage firm, promoted John Niedernhofer and William Peartree to ownership status within the firm. Niedernhofer heads the firm’s Executive Risk Practice specializing in directors and …

•Doron M. Rotman, audit and RAS managing director for Information Risk Management; and

The participants included: •Scott B. Moritz, director of KPMG Forensic; •Hugh C. Kelly, principal of Financial Risk Management; •Joanna Taylor, senior associate for Financial Risk Management; •Linda H. Gallagher, principal for Financial Risk Management; •Carolyn Greathouse, manager for Financial Risk …

Mergers and Acquisitions

The answer is – to succeed at either one, preparation is the key Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs – …

Colorado targets 180 ‘sham’ affiliated businesses

Erin Toll, deputy commissioner of the Colorado Insurance Department, pledged to close 180 affiliated businesses operating illegally in her state this year. Toll said there is nothing wrong with affiliated businesses that operate properly. However, she is seeking legislation in …

California automobile repair bill modified to allow for additional study

In the wake of stiff industry opposition, a California proposal that would have have impeded consumer access to affordable auto repairs has been sufficiently mitigated for now, said a spokesman for the National Association of Mutual Insurance Companies (NAMIC). NAMIC, …

Stolen Fidelity laptop computer held sensitive data on retirement accounts

A laptop computer belonging to Fidelity Investments and containing sensitive data on about 196,000 retirement-account customers was stolen, the company said. The nation’s largest mutual-fund manager confirmed reports that the computer held information on participants in Palo Alto, Calif.-based Hewlett-Packard …

Miscellaneous Professional Liability

This morning, you received a phone call from a potential client interested in purchasing professional liability coverage. During the course of the conversation, the prospective client is not a traditional professional, such as an attorney, a physician, an architect/engineer or …

E-Discovery and Electronic Records

The focus of litigations and investigations on electronic documents, particularly e-mails, and the increasing accountability of compliance programs, including record retention, are leading organizations to reexamine their document management. That includes e-mail destruction practices, records management programs, compliance training and …