Monthly Archives: <span>June 2007</span>

Calif. permanent disability cuts ruled invalid

A Workers Compensation Appeals Board judge has invalidated California’s rating schedule that cut injured workers’ permanent disability compensation. According to the California Applicant Attorneys Association, Judge Jacqueline Duncan ruled in Scott Boughner vs. Comp USA Inc. and Zurich North America …

People and Places

Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling and risk assessment practices and resources, and also advanced underwriting support and …

It Figures

9.6% Proposed amount of increase the Property & Casualty Insurance Co. of Hartford, part of the Hartford Insurance Group, wants to raise private passenger automobile rates in Nevada, according to the state Department of Insurance. The rate increase proposal is …

Calif. Commissioner could seek Allstate refunds

California Insurance Commissioner Steve Poizner announced that he will seek refunds for Allstate customers if the Department of Insurance determines that the company’s rates are excessive. In May, the insurer announced it would stop writing new homeowners and landlord package …

Washington Insurance Fair Conduct Act becomes law

Insurance industry associations are criticizing Washington Gov. Chris Gregoire for signing into law the Insurance Fair Conduct Act, a measure they say will raise insurance costs. The law, which will take effect on July 22, increased allowable monetary damages claimants …

Insurers try to prevent losses in wildfire hotspots

Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other precautions. The inspections have angered homeowners and watchdog groups …

Fire safety begins at home

The insurance industry recently has been facing criticism from consumer groups for asking its policyholders to take a more proactive approach to reducing fire risks. Some say fire inspections are unnecessary and last minute, especially when they see public insurance …

Why the United States must make TRIA permanent

It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from potential terrorist attacks. …

N.C. department declines to probe malpractice rates

The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company of excessive physician rates. The department said it reviewed data prepared for …

Delta officials fear effects of levee warning

Officials in the Delta have accused the government of trying to scare local residents into buying flood insurance by suggesting the Mississippi River levees could be breached as were those around New Orleans during Hurricane Katrina. The Federal Emergency Management …