Nearly half of California hospital buildings in danger of collapsing during a major earthquake will not meet a state deadline for safety improvements, according to a new study. Standards passed after the deadly 1994 Northridge earthquake in Southern California required …
More than 100 spots around Hawaii, from Oahu’s Sunset Beach to Kihei Commercial Center on Maui, lack emergency sires needed to warn people about tsunami and other natural disasters. A state Civil Defense Agency list obtained by the Honolulu Star-Bulletin …
Hundreds of Seattle residents want the city to pay them for flood damage caused by the city’s stormwater and sewage systems that were overwhelmed during Dec. 2006’s windstorm. More than 200 people have filed claims ranging from $50 to $100,000, …
Lloyd’s of London announced that Julian James, director-worldwide markets, will be leaving at the end of April to join Lockton International. He has been responsible for all Lloyd’s commercial activities outside the United Kingdom, including managing the company’s 72 trading …
Understanding the differences among drivers in different gender and age categories is crucial to preventing serious injuries, according to researchers in a new study showing statistical differences in traffic-accident injuries depending on the gender and age of drivers. The new …
There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …
Additional Insureds Alpha Holdings Ltd. v. Travelers Indemnity (California Court of Appeals, Second District, July 13, 2006) Ruling: This case involved a declaratory judgment action on insurance coverage under a vendor’s endorsement purporting to provide protection against product liability litigation. …
New Mexico Auditor Hector Balderas wants to send a message to the public and would-be whistleblowers: alert his office to potential fraud, corruption or mismanagement. Balderas, a lawyer and former legislator from Wagon Mound, N.M., has served as auditor for …
101 indicted in Calif. insurance fraud sting A two-year undercover sting operation by the Los Angeles County District Attorney’s office has resulted in 101 indictments, of which 88 have been arrested as of press time. Following a tip from a …
To some outsiders, insurance agents are threatened with obsolescence. Commoditized products, the information available online and the decreasing value placed on personal relationships could lead insureds to devalue the role of agents and, instead, make decisions on their own. A …
