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

U.S. Report: Climate Change Here, Deal With It

Climate change is in the here and now, according to a massive report issued earlier this month. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for the impacts of a …

NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada

NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance Co., a NORCAL Mutual wholly owned subsidiary. Upon renewal, Medicus policyholders …

Study: Company Data Breach Now Costs $3.5M on Average

The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a recent study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each …

Immigrants in California Study for Driver Test Months Out

There’s a lot riding on a California law to grant driver’s licenses to immigrants in the country illegally, and supporters are already preparing prospective drivers in the most populous U.S. state to pass the test required to get one. A …

High Net Worth Carrier PURE Enters California

Call it a little luck or a good timing – maybe a bit of both – but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a …

Disaster Loans Made Available for New Mexico Small Businesses

Small businesses in eight New Mexico counties are eligible for federal disaster loans due to the drought. The U.S. Small Business Administration made the announcement in April, saying the loans can help offset economic losses from reduced revenues caused by …

WIAA Objects to In-House Producer Disciplinary Hearings in California

The Western Insurance Agents Association is throwing up some objections to a California Department of Insurance proposal that would enable the department’s hearing bureau to adjudicate agent/broker and carrier disciplinary proceedings. Producer disciplinary proceedings in California have been held for …

Landlords Who Evicted Tenants for Airbnb Sued by San Francisco

The city of San Francisco has sued two landlords for allegedly evicting tenants to rent out rooms on such websites as Airbnb, opening a new front in a controversy over increasingly popular home-rental services. In separate lawsuits filed by City …

Employing Physicians: Insurance and Risk Issues

There has been a dramatic change in the practice of medicine in the United States over the past 10 years. Although the exact numbers are not known, the percentage of physicians and groups in private practice is very likely at …

How to Improve Communication with Insurance Companies

Today agents must assume an active role in establishing solid relationships with their insurance companies. The key to any good relationship is communication. Agencies must devise a well-organized plan to communicate with their carriers. This article shows owners the way. …