The PIA Western Alliance will be holding its second Moisture Management Summit in Irvine, Calif. with the goal of writing a public policy based on moisture management standards that have already been developed. The PIA’s goal is to take that …
People Pacific Specialty Insurance Co., Menlo Park, Calif., promoted Tim Summers to chief operating officer. Summers will continue his duties as executive vice-president and corporate secretary, overseeing the product development and underwriting operations. He is also a member of the …
Utah city expects $2.5 million fire insurance settlement Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had offered for sale at a fraction of that amount. The cause of …
News Currents California Governor, Arnold Schwarzenegger won’t be making major workers’ compensation movements this year regarding permanent disability, according to an industry lobbyist. “[Schwarzenegger’s] administration reiterated its original position recently that it would reexamine the permanent disability schedule after 18 …
When a person drives and [where he or she] keeps their vehicle will impact cost, plain and simple. News Currents A bipartisan group of five assemblymembers joined with local elected officials and concerned citizens to support AB 2840, which they …
Public regulation commission suspends New Mexico’s superintendent State Insurance Superintendent Eric Serna has been suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating the office. Attorney General Patricia Madrid said an “inadequate controls …
Editor’s note: This is the second article in a series on Western insurance associations. Part I of this article appeared in the April 3, 2006, western region publication beginning on page 47. As people migrate to the West, insurers’ must …
Top meteorologist predicts 17 named storms will form in Atlantic Basin A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much …
A national insurance license helps agents by providing uniformity of regulatory standards; eliminating rate regulation; and allowing new products to be brought to market more quickly. Not all agents oppose an optional federal charter The Commissioners are now fully prepared …
News Currents Risk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they are designed to justify insurance premium increases. …
