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

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

American Appliances Inc. and Liberty Mutual Insurance Co. v. Industrial Claim Appeals Office of the State of Colorado and Charles E. Bodine, the court ruled that the injury Bodine had sustained to his hip prosthesis was a compensable injury. Bodine …

Calif. commissioner seeks additional workers’ comp reforms

California Insurance Commissioner Steve Poizner said even after the workers’ compensation reforms of 2005, there still are systemic and structural deficiencies in the system.Thus, he ordered the state Workers’ Compensation Insurance Rating Bureau to make improvements. He also recommended a …

Key employer advantages to Health Savings Accounts

After being available for four years, Health Savings Accounts (HSA) combined with a High Deductible Health Plan (HDHP) are finally catching on. A recent nationwide study indicated that 26 percent of U.S. companies with 500 or more employees are considering …

Fraud Roundup

Oregon Fines Former Marsh Executive The Oregon Department of Consumer and Business Services has fined a former executive of insurance broker Marsh USA Inc. for her role in overcharging public entities for insurance coverage. Debora A. Leopold-Hutchins, who was fined …

Managing D&O claims expense

One of the standard features of the typical directors’ and officers’ liability insurance policy is the provision allowing the insureds to select their own defense counsel, subject only to the insurance carrier’s consent (such consent not to be unreasonably withheld). …

My New Markets

Residential Construction Nuts & Bolts: Bliss & Glennon has two products for the residential construction market, offering coverage for custom home builders and spec home builders with remodeling, and residential repair and service contractors. Product 1, the custom home builders …

Maximizing your value by asking the right questions

The workers’ compensation value checklist Price, all too often, is the single factor in an agent’s choice of workers’ compensation insurance coverage for his or her clients. An effective way to differentiate your agency from your competitors is to shop …

Violent crime up, property crime down in 2006, FBI reports

Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the Federal Bureau of Investigation. The FBI collected the national preliminary data from 11,723 …

Mulryan: Working to improve Calif. State Fund’s value, transparency

California’s State Compensation Insurance Fund suffered setbacks recently over unethical practices in its group programs, and an order by California Insurance Commissioner Steve Poizner forced the organization to address structural and operational changes. Yet newly appointed SCIF Interim President Lawrence …

Consumers not informed about homeowners insurance, study says

A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from an array of perils, according to research by the National Association of Insurance Commissioners, which recently hosted its summer conference in San Francisco. Yet, typical …