October 22, 2012
Matthew Nichols has been elected president of the National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) for the 2013 term. Nichols has served on the NAPSLO board since 2005 and has chaired several committees. Currently, he is the president …
October 22, 2012
It’s been four years now since what some were calling the Great Scare in October 2008, tying in the Halloween season with the ugly economic events unfolding during a time in which it appeared the U.S. could be heading into …
October 22, 2012
State Fund President and CEO Tom Rowe, who gave a speech in mid October at the opening of Independent Insurance Agents and Brokers of California’s, inaugural InsurFEST in San Diego Calif., has a lot of confidence in a law to …
October 22, 2012
Dysfunctional. Inefficient, Ineffective. Slow. Partisan. Irrelevant. These are terms that regularly appear on editorial pages and political blogs to describe the California Legislature. It is true that when the Legislature ended its 2012 session, major problems confronting California were still …
October 22, 2012
The country’s largest provider of private federal court house security officers recently paid a $1.9 million fine to the federal government to settle allegations that some of its guards fudged results of gun-range tests. Akal Security, a New Mexico company, …
October 22, 2012
After a review of a workers’ compensation overhaul bill signed in September by Gov. Jerry Brown, the Workers’ Compensation Rating Bureau submitted a filing in early October to lower the pure premium advisory rate for Jan. 1, 2013. WCIRB submitted …
October 22, 2012
Fiscal Consequences “If you’re right about this, the consequences are enormous for the federal fisc.” –Justice Ruth Bader Ginsburg told John Jacobs, a lawyer whose client James Bormes had brought a federal case on behalf of a client and paid …
October 22, 2012
Hurricane Risk in the Central Pacific Basin Twenty years ago, the most powerful storm to strike the Hawaiian Islands in recorded history made landfall on the island of Kauai on Sept. 11, 1992. With sustained winds of 140 miles per …
October 22, 2012
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A recent Insurance Research Council (IRC) study of homeowners insurance …
October 22, 2012
Workers with access to paid sick leave are 28 percent less likely overall to suffer nonfatal occupational injuries than workers without access to paid sick leave, according to a new study from the National Institute for Occupational Safety and Health …