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

A lawsuit in the making – the EPLI insurance application

Every day, the Equal Employment Opportu-nity Commission receives some 200 new employment practices liability complaints alleging discrimination based on race, sex, national origin, religion, retaliation, age and disability. Even if an employment-related claim is baseless, defense costs can be significant. …

Top 10 metro areas with highest auto theft rates

1. Modesto, Calif. 2. Las Vegas/Paradise, Nev. 3. Stockton, Calif. 4.Phoenix/Mesa/Scottsdale, Ariz. 5. Visalia/Porterville, Calif. 6. Seattle/Tacoma/Bellevue, Wash. 7.Sacramento/Arden-Arcade/ Roseville, Calif. 8. San Diego/Carlsbad/ San Marcos, Calif. 9. Fresno, Calif. 10. Yakima, Wash.

New risks, laws continually expand employers’ liability

While insurance agents and brokers probably know employment practices liability should not be taken lightly, they might not be aware of new coverage issues and trends, according to Patricia Carlson of the Insurance Skills Center. Approximately 550 employment lawsuits are …

New Markets

Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, the program is available on a licensed and admitted basis in …

News Currents

California considering new mileage verification rules Insurance brokers and agents could be required to verify odometer readings for new and renewal automobile insurance policies under amendments the California Department of Insurance (CDI) has proposed to its personal automobile rating factor …

California State Compensation Insurance Fund files average 10 percent premium decrease

California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with an effective date on or after July 1, 2006. The filing also …

Top 10 Pet Peeves of the Road

Following are the top 10 annoying types of drivers on today’s roads. 1. Motor Mouths: Distracted drivers talking on cell phones. 2. Turtle Racers: Slow drivers in the fast lane. 3. Piggybackers: Pushy drivers who tailgate. 4. Wacky Weavers: Drivers …

Fraud Roundup

Marketing fraud scheme results in 560 arrests; $1billion in losses More than 560 people have been arrested in an international investigation of mass-marketing fraud schemes that have victimized more than 2.8 million people, the U.S. Justice Department said. Losses exceeded …

High-hazard tsunami states could lose precious funding, GAO finds

The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …

People

Combined Agents of America LLC (CAA), based in Austin, Texas, announced its newly elected 2006 management committee. Each management committee member is elected to serve a two-year term and is selected by CAA’s Board based on their leadership abilities and …