CA State Fund files rate decrease California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium its latest filing of workers’ compensation rates for 2007. The new rate will affect new and renewal workers’ …
The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage. With a recent government report suggesting that TRIA should not …
Countrywide Financial Corp. announced that Countrywide Insurance Group’s automobile insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in Arizona in Sept. 2006. According to a company statement, residents can obtain …
Award not warranted “Awarding workers’ compensation death benefits to an estate conflicts with the underlying policy of the workers’ compensation scheme, which is to provide financial support to a worker and a worker’s dependents when the worker suffers job-related injury …
Upland woman arrested for fraud and grand theft A woman from Upland, Calif., has been arrested for insurance fraud and grand theft. Investigators from the San Bernardino County, Calif., District Attorney’s Office conducted an investigation of Loretta Wolter-Pinkowski, 52, which …
National company dumps jockey insurance in Montana A national company that arranged insurance for race jockeys in Montana this year has dropped all four of the state’s race tracks for 2007, leaving the tracks scrambling to find another insurance provider. …
Santa is in the malls, families are stringing lights across the fronts of their houses and placing menorahs in windows, and the music of various faiths can be heard on radio stations. The holidays — from Christmas to Hannukah to …
California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the same period in 2005, while violent crime increased by 4.1 percent …
The Des Plaines, Ill.-based Property Casualty Insurers Association of America named Deirdre Manna, former acting director of the Illinois Division of Insurance, vice president of industry and regulatory affairs. Manna will help coordinate policy matters related to regulatory issues and …
The Board of Directors of Fireman’s Fund Insurance Co. has elected Joseph J. Beneducci as CEO of the property and casualty insurance company. His appointment takes effect on Jan. 1, 2007. Beneducci previously served as president and chief operating officer. …
