Reforms pushing California workers’ comp rates, losses down The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through March 31, 2006, which suggested legislative reforms are working. “This report provides a …
New Mexico Insurance Deputy accused of soliciting funds A New Mexico insurance deputy has been placed on leave amid allegations he solicited charitable donations from a company that faced fines from regulators. Dan Mayfield, chief of staff for the state …
Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room of a local …
Spokane diocese settles claims with two insurers The Roman Catholic Diocese of Spokane has reached agreements with two more insurance carriers on payments to cover sexual abuse claims as the diocese’s bankruptcy case heads into mediation. In a statement, Bishop …
Best Practices is an Insurance Journal column that highlights how some of the nation’s top-performing agencies run their operations. Insurance Journal Publisher Mark Wells recently interviewed Jack Fritschi, CEO of Crist, Fritschi and Paterson in Oakland, Calif. To listen to …
“A major earthquake in Sacramento or the Bay Delta is a nightmare scenario for California. The earthquake damage would be bad enough. But if it were to weaken the levees, it would cause terrible flooding, kill thousands of people, jeopardize …
Starr Aviation Agency, Chubb Starr Aviation Agency Inc., a wholly-owned specialty subsidiary of C.V. Starr & Co. Inc. and The Chubb Corp. entered into an underwriting agreement under which Chubb will provide hull and liability coverage to Starr Aviation’s general …
As might be expected, diversity was discussed in virtually all lines – employment practices liability insurance, commercial, health, Mexican and life – among other agency management topics at the recent Latin American Agents Association 7th annual convention & 1st annual …
Montana takes action against agent A Helena, Mont., insurance agent had his license suspended and was ordered to stop doing business in Montana after allegedly committing insurance fraud and deceptive and illegal sales practices, the state auditor’s office said. Bart …
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens — before people who have worked all their lives for everything they have, all of a sudden, within minutes, lose all their …
