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 …
The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. The law placed responsibility for insurance regulation with the states and has permitted insurers to employ joint …
Most people hear the word asbestos and think of home insulation, deteriorating ceiling tiles, or scuffed flooring. Few realize the soil in their yard, school athletic field, or neighborhood park might be tainted with the mineral. The July 8 Science …
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 …
California agency approves change in auto insurance law A state administrative office approved changes to California’s insurance law, clearing the way for regulations that will force insurers to base premiums on drivers’ records instead of their address. The action should …
