November 14, 2010
California voters have elected Assemblyman Dave Jones to be the state’s next insurance commissioner. Jones, a Democrat, won 51 percent of the vote to defeat Republican Mike Villines, who was favored by the insurance industry. Jones will succeed Republican Steve …
November 14, 2010
Union General Insurance Services Union General Insurance Services of Concord, Calif., opened a Southern California branch office to enhance its service and marketing capabilities to retail producers. The operation will be staffed by Marlena Black, who comes to Union General …
November 14, 2010
5.2% The amount of rate increase the California State Compensation of insurance has filed for with its 2011 rates. In addition to the increase, State Fund is expanding the merit rating range for accounts $25,000 and above in premium to …
November 14, 2010
Not Cutting Corners “To date we have not seen a single instance where a human being made a conscious decision to favor dollars over safety.” —The White House oil spill commission’s Chief Counsel Fred Bartlit said at a meeting exploring …
November 14, 2010
In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice …
November 14, 2010
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corp. “No one in Washington …
November 14, 2010
It’s a cat chasing-its-tail scenario. Or maybe a Catch-22. Chicken-and-egg? Whatever it is, it’s a mess. The scenario is this: The economy takes a nose dive, so the government lowers interest rates to nearly zero to jump-start the economy. Large …
November 14, 2010
In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy regulations. The recent action should make it easier for …
November 14, 2010
For many years it has been generally understood by agents, insurers and insureds that Certificates of Insurance are very limited in their purpose. That view may be under assault. Generally, a Certificate of Insurance is a summary document usually issued …
November 14, 2010
Keeping up with technology can be mind-boggling, even if you’re not the type of person who calls for tech support every time your computer crashes. After all, the past decade has given birth to the iPod, then the iPhone, then …