Monthly Archives: <span>August 2008</span>

Business Moves

Sloan Mason Sloan Mason Insurance Services, a San Diego-based managing general agent and wholesale insurance broker, opened an office in Sacramento, Calif., to introduce specialty programs and coverages for underground utility contractors and related entities; ready mix manufacturers; and other …

Study: Buyer Satisfaction Better When Local Agent Plays a Role

Insurers who disappoint buyers during the shopping and sales process run the risk of losing sales from new and existing customers. Buyers who purchase their auto insurance policies through local agents give higher average satisfaction scores compared with those who …

Oregon Adopts Declaration of Emergency Order Rules

The Oregon Insurance Division recently adopted rules implementing legislation (HB 3605) enacted in the 2008 special session, which authorized the Director of the Department of Consumer and Business Services, in the event the Governor issues a declaration of emergency, to …

Figures

35 The number of compensable fatalities the Oregon Department of Consumer and Business Services’ Workers’ Compensation Division received notification of in 2007 – the third-lowest number reported since the state began tracking the statistic in 1943. According to DCBS’ statistics, …

Nevada Countersignature Law Officially Null and Void

protectionist requirement that served only the self interests of small protectionist agents. The battle to defeat countersignature laws is finally over, now that the July 9, 2008, deadline has passed for Nevada to file a petition of appeal with the …

People

W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley Regional Specialty. Acadia is a commercial property …

Washington Raises Workers’ Comp Benefits, Pays Dividend to Employers

Workers currently receiving Washington workers’ compensation wage-replacement or pension benefits will receive a 5.018 percent cost-of-living increase, according to the state Department of Labor and Industries (L&I). State law requires that benefits be recalculated each year to reflect the change …

California High Court Clarifies Policies on Workers’ Comp Utilization Reviews

utilization review process when considering requests for treatment. Employers must conduct utilization reviews when deciding whether to approve or deny an injured employee’s request for workers’ compensation medical treatment, the Supreme Court of California has ruled. In State Compensation Insurance …

By Robert Jablon

California Orders Allstate to Cut Home Insurance Rates 28.5% Allstate Corp. has been ordered to cut its California homeowner insurance rates by more than 25 percent, a move that will save consumers an estimated $255 million a year, state Insurance …

Hawaii Mandates Fire-Safe Cigarettes

Hawaii Gov. Linda Lingle has signed into law a bill that requires only fire-safe cigarettes be sold in the state as of Oct. 1, 2009. State officials say reduced ignition cigarettes burn at a lower temperature, thereby reducing possible fire …