Monthly Archives: <span>January 2014</span>

Texas Supreme Court Limits Insurance Exclusions for Builders, Contractors

The Texas Supreme Court issued a key ruling on Jan. 17 that impacts the liability insurance coverage that builders and general contractors carry. Writing for the court, Justice Phil Johnson denied an insurance company’s attempt to avoid paying a claim …

Car Use No Longer Growing in Developed World, But Why?

Car use appears to have leveled off and even started falling in many of the world’s advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to an end several decades in which car …

State Laws Provide Leeway For Businesses Reporting Data Breaches

A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp. wait weeks or even months to disclose security breaches. Forty-six of 50 U.S. states have …

Higgins Joins Swett & Crawford’s Professional Services Group in California

Swett & Crawford, part of Cooper Gay Swett & Crawford, is expanding its professional services practice group with the addition of Gregg Higgins. Higgins will join Swett & Crawford’s Irvine, Calif. office as a director in the professional services practice …

Bolton & Co. Acquires Rick Gombar Insurance in California

Bolton & Co. has acquired Los Angeles-based Rick Gombar Insurance Services Inc., an independent insurance agency that provides professional protection for the security industry. As part of the transaction, Rick Gombar, president of the firm, will join Bolton & Co. …

IICF Names Chubb’s Petrosino Chairman of National Board

The Insurance Industry Charitable Foundation named Gary C. Petrosino, executive vice president and Western U.S. Territory field operations officer of Chubb & Son, chairman of its national board of governors. Petrosino assumes the chairmanship after serving on the IICF’s national …

Drought Emergency Proclaimed by California Governor

California Gov. Jerry Brown on Friday proclaimed a state of emergency and directed state officials to take all necessary actions to prepare for drought conditions. “We can’t make it rain, but we can be much better prepared for the terrible …

Penn. Insurance Department Encourages Consumers to Conduct Annual Insurance Review

A lot can happen in 12 months, and changes from last year such as remodeling the home, purchasing a new car, or a birth or death in the household, could affect the insurance premium. The Pennsylvania Insurance Department is encouraging …

Arkansas Lawmaker Applies to Run State Insurance Exchange

The Arkansas lawmaker who sponsored the law creating the Health Insurance Marketplace Board has applied to serve as the marketplace’s executive director. Rep. Mark Biviano, R-Searcy, is one of two applicants who’ve applied for the position to oversee the Arkansas …

Twenty Years Later Big Lesson From Northridge Quake Lost

Twenty years ago today a big one hit the Los Angeles area, killing several people and injuring thousands, damaging tens of thousands of properties, shutting down businesses, putting out of operation some of the nation’s busiest freeways and radically changing …