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

Editor’s Note: Repeat performance

The results are in and they bear repeating. Three-quarters of consumers are very satisfied with the services provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American …

News Currents

Study: Calif. workers’ comp reforms are working Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see — significant results from workers’ compensation …

Declarations

Workers’ comp caps “Workers’ comp is just too important to take any changes that something would go on the ballot that would make the system fall apart. There are unintended consequences when we go to the ballot so everyone is …

Court: Injuries even to prosthetic parts deserve workers’ comp benefits

The Colorado Court of Appeals has ruled that an employee is entitled to workers’ compensation benefits, even if the injury is to an artificial part of a person’s body. In American Appliances Inc. and Liberty Mutual Insurance Co. v. Industrial …

Calif. State Fund files 11% premium decrease

California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect new and renewal workers’ compensation policies with an effective …

News Currents

Swingle named president of IIAT; Elbert and Branniff honored The Independent Insurance Agents of Texas introduced new officers for the coming year at its 110th Annual Conference & Trade Show, held in early June in San Antonio. The IIAT also …

News Currents

La. and Fla. taking different paths on insurance woes Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a Republican, has …

Declarations

Declarations Untrue and unfair “This policy statement implies that agents who are contracted with carriers cannot act on behalf of their clients. That is untrue and unfair. … The independent agent’s ability to build a profitable book of good clients …

Poll: Many coastal residents still not ready for hurricanes

Many people along the Atlantic and Gulf Coasts still lack a hurricane survival plan and don’t feel vulnerable to storms, despite Katrina’s dramatic damage and pleas from emergency officials for residents to prepare before the season starts, according to a …

Louisiana Commissionerof Insurance