Silicon Valley, Calif., oenophiles are on alert after a brazen robbery occurred on Jan. 4, when thieves broke into a posh home and stole more than 150 bottles of wine. Estimated value: $500,000. The heist — thought to be one …
Paul H. Jones, recognized as “Mr. Insurance of Arizona,” died on Dec. 30, 2006. Jones was born on Oct. 4, 1910, in Los Angeles. He was extremely active in civic activities and served as president of the Tucson YMCA, United …
The California Department of Insurance has reached a resolution of its obligation to pay attorneys’ fees to two of the insurance companies that challenged the constitutionality of the landmark Holocaust Victims Insurance Relief Act of 1999. Former Insurance Commissioner John …
The Nevada workers’ compensation system “has undergone dramatic change since 1993″ becoming more competitive and allowing private insurers to enter the market,” but it has room for improvement particularly in auditing the most serious claims, according to the Workers’ Compensation …
By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based HM Capital has a controlling interest …
Although hurricanes have received wide attention in the media, earthquake exposure also should be a significant concern. Forecasts of potential damages indicate that earthquake destruction could be just as massive as that from a major hurricane. History of the hazard …
Ten things agents and brokers can do to help clients obtain adequate cat coverage When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new …
Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in those areas thanks …
A recent proclamation by California Insurance Commissioner Steve Poizner is allowing out-of-state insurance adjusters to be dispatched to California’s agricultural community to assist in the state of emergency resulting from January’s five days of freezing temperatures. The Commissioner said he …
Although 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are …
