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 …
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 William S. Skylstad said CNA Insurance agreed …
The American Association of Managing General Agents (AAMGA) commends efforts to modernize commercial insurance markets while maintaining the state-based system of insurance regulation and the surplus lines market’s fundamental precept of freedom from rate and form. We support the provisions …
Contrary to popular belief, climate is not a good gauge for mold risk, according to a ranking of states at risk for mold contamination on commercial and residential property. Areas with dry climates such as Nevada and Arizona made American …
Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing on Insurance Regulation Reform. Beneducci spoke as a …
Actions and Proceedings Continental Insurance Co. v. The Pamona Redevelopment Agency (California Court of Appeals, May 15, 2006, Unpublished) Ruling: On this appeal, the excess insurer, Continental, sought to intervene in an action pending between the city of Pomona and …
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 …
Growing up on Long Island, N.Y., Nicole Nason was taught how to drive by the man in charge of the local highway safety patrol: Her dad. Neighborhood friends knew wearing a seat belt was mandatory and the speed limit would …
Explaining Seattle-based Safeco’s recent announcement that it would sell its products directly to consumers via the Internet, President and CEO Paul Rosput Reynolds said the company previously had been not “completely honest” about its sales distribution channels. “I felt very …
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 high level view of the workers’ compensation market …
