Monthly Archives: <span>November 2010</span>

It Figures

$300,000 Amount members of the Independent Insurance Agents and Brokers of Washington have put toward the campaign to pass Washington voter initiative I-1082. The initiative would open up the state workers’ compensation insurance system to the private market. Currently, the …

10 Ways to Make Insurance Agencies More Successful… Now

Insurance Agency Marketing Requires Careful Planning and Constant Implementation A revolution is underway that is having dramatic effects on insurance agencies, and the entire world. In the simplest terms, no one wants to do anything they don’t want to do. …

5 Risk Management Tips for Design Firms

Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …

Calif. State Fund: Getting Better Day by Day

Agents, Brokers Will Have Even Bigger Part in State Fund’s Distribution Strategy In the ever controversial topic of workers’ compensation insurance in California, State Compensation Insurance Fund President and CEO Tom Rowe seemingly offers a bit of Zen. Rowe, who …

Fire Surcharge X-ed Out of Calif. Budget

For the third year in a row, California Gov. Arnold Schwarzenegger’s proposal to impose a 4.8 percent statewide surcharge on all residential and commercial property insurance premiums for fire suppression efforts did not come to fruition. The governor’s proposal, known …

Calif. Iranian Investment Regs Ruled Improper

The California Office of Administrative Law has ruled that state Insurance Commissioner Steve Poizner’s Iranian investment regulations were improper. Earlier this year, the California Department of Insurance identified 50 companies doing business with the Iranian energy, nuclear and defense sectors, …

Business Moves

Aon, Hewitt Associates Aon Corp. said it will cut 1,500 to 1,800 jobs over the next three years after acquiring Hewitt Associates. Aon expects to save $355 million per year, including $280 million per year by eliminating jobs. The cuts …

Be a Crocodile

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 …

Arkansas Workers’ Comp Rates Among the Lowest in the Nation

Arkansas has one of the lowest workers’ compensation premium rates in the nation, at $1.18 per $100 of payroll, according to a new study conducted by the Oregon Department of Consumer and Business Services. Oklahoma and Texas rank among the …

10 Things You Should Know About Landlord Liability and Exposure

1. Injury Responsibility A landlord is held responsible for an injury on the rented premises if it can be shown that the landlord or his agent was somehow negligent in maintaining the property, and that the negligence in doing so …