Insurance agents in Washington state can lose their licenses if they are deemed “untrustworthy.” In an important decision, the Washington State Court of Appeals ruled that Insurance Commissioner Mike Kreidler was correct in revoking insurance agent Jack Chandler’s license based …
There is no question that U.S. Supreme Court’s decisions impact small business. More than 40 percent of the court’s cases directly affect the business community, including employment, civil rights, insurance, workplace injury, environmental regulations and product liability issues. Unfortunately, the …
Despite current market conditions, as I travel from state to state, I find the goal of almost every independent agent is to grow personal lines business. The basis of this organic growth strategy is adding new clients or increasing the …
An appeals court tossed out a $241 million award won by California in a lawsuit over the takeover of failed insurer Executive Life by French investors. The 9th U.S. Circuit Court of Appeals overturned the award by a lower court …
More Subprime Challenges Ahead “The next few years will be very challenging for many insurers in terms of turning the page on credit issues and in strengthening balance sheets. While executives have been keenly aware of the subprime and other …
During 2007, Colorado citizens paid more than 26 billion dollars in insurance premium to approximately 1,306 companies, with 27 companies accounting for more than 50 percent of that total, according to the Colorado Insurance Industry Statistical Report released by the …
A Review of Reporting Changes in Licensee’s Background Information Many licensees or applicants are unaware of the continuing requirement to notify the California Department of Insurance (DOI) of changes in the background information they provided on their original insurance applications …
California Insurance Commissioner Steve Poizner has proposed regulations that would make a green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow motorists to more accurately pay for the coverage they need by linking their …
A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …
Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. He will provide supervisory governance of the Americas businesses and also will oversee and direct regulatory and public affairs for all of Swiss Re’s North America businesses, …
