In the largest survey of its kind, fewer than half of California’s 10,000 business insurance agents see California’s business economy improving, either for themselves or for their clients, in 2008. The study also found that, despite recent statements by California …
The best crisis plan in the world is useless if it sits on a shelf. A company’s employees — from the top down — must be ready to put the plan into action on a moment’s notice. That takes communication …
Tort trends will likely remain stable in the year ahead, according to a survey conducted by the Insurance Information Institute. Sixty-six percent of the executives polled believe that tort trends in 2008 will be little changed from 2007. However, 28 …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Three Year Policies — EPLI Nuts & Bolts: International Excess is offering online quotes at …
An insurer’s success rests largely in the expertise of its underwriters. As the U.S. Department of Labor noted in its Career Overview series, “Great trust is placed in underwriters as an insurance company may have to pay excessive claims if …
The American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of Justice intervened on behalf …
$62,000 Los Angeles-based Farmers Group Inc. announced it gave $62,000 to the La Jolla Band of Mission Indians to help rebuild after the Southern California fires of 2007. Farmers Executive Vice President of Field Operations Jerry Carnahan said over half …
Commissioner Poizner says measure needed to protect public safety, insurance costs A proposed measure that would require California state and local law enforcement officers to remove the license plates of any vehicle lacking proof of insurance and current valid registration …
Crime rates dropped for the first time in two years, according to a newly released report of the most recent data collected by the Federal Bureau of Investigation. Nationwide, violent crime fell 1.8 percent and property crime fell 2.6 percent …
The judge’s “sanctions order is simply wrong. Texas Mutual did not falsify any documents, did not deceive the court, and did not take any improper actions to gain an advantage.” Texas Mutual Insurance Company says it respectfully but strongly disagrees …
