April 17, 2006
Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. has announced an excess automobile liability program. The program is designed to provide excess limits more than FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch …
April 17, 2006
When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a decade ago when they persuaded state lawmakers …
April 17, 2006
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 officers liability and …
April 17, 2006
A bipartisan group of five assemblymembers joined with local elected officials and concerned citizens to support AB 2840, which they say will help ensure fair auto rates for all drivers. Supporters said the bill will be amended. Assemblymembers John J. …
April 17, 2006
A recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system is unlikely to have a major effect on insurers’ current use of credit in underwriting and rating for homeowners and …
April 17, 2006
Alternative and agro-tourism enterprises are allowing farmers and ranchers to earn higher profits by replacing or supplementing traditional farm operations with innovative on-farm or on-ranch ventures, according to Kiki Chvosta and Bonnie Reed of Allied Insurance/Nationwide. As a result, insurance …
April 17, 2006
California Insurance Commissioner John Garamendi successfully underwent surgery to repair a leaking mitral valve in his heart. He is currently recuperating from the surgery. Surgeons who performed the mitral valve repair on Garamendi for five hours said his prognosis for …
April 17, 2006
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 …
April 17, 2006
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 …
April 17, 2006
Allstate and Sterling Autobody Centers can communicate benefits of its shops, a federal district judge in Texas has ruled. In a news release, Allstate reported that on March 9, 2006, the judge in Allstate, et al. v. Abbott, et al. …