In November, California voters will decide whether to implement state government price controls on health insurance. Insurance agents and brokers are certain to be asked by their clients whether this ballot measure merits support. Some clients will be naturally skeptical …
John Monreal, 45, of Santa Clarita, Calif. was arrested on May 30 by Los Angeles County Sheriff’s Department deputies on 11 felony counts of embezzlement and insurance code violations after he allegedly duped multiple consumers into believing they were insured …
Lodging sharing service Airbnb has taken a bite out of San Francisco’s already limited stock of rental housing as some landlords and housing activists contend, a newspaper reported. The San Francisco Chronicle commissioned a data harvesting company to analyze a …
Citing incidents like the 2013 limousine fire that killed five women on the San Mateo Bridge, California’s state auditor has said that the commission responsible for overseeing passenger carriers has failed to ensure consumer safety. State Auditor Elaine M. Howle …
Ratings, and rating agencies, occupy a contradictory place in many markets – not least in commercial lines insurance and reinsurance. They are very heavily relied on by both buyers and brokers, yet subject to a great deal of cynicism. However, …
Arthur J. Gallagher, The Plus Cos., Tri-State General Arthur J. Gallagher & Co. has acquired The Plus Cos. Inc. (TPC) in Bridgewater, N.J. Terms were not disclosed. Established in 1985, TPC is a managing general agent and program manager that …
Natural disasters are unforeseen and unpredictable: an unexpected hurricane that devastates a coastal area, a tornado that cuts across a city leaving broken buildings and homes in its path, a wildfire that sweeps across states, or a flood that destroys …
Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said, holding up the insurance industry as a good example of how to adapt to …
Agency ownership of its expirations is core to agency culture, core to the agency’s value, and core to the owners’ livelihoods. Yet today, the ownership and even more important, the value of the expirations, is being threatened, and most agency …
The Patient Protection and Affordable Care Act (PPACA) and the emerging regulatory environment present difficult challenges to employers. As employers, regulators, administrators and courts begin to struggle with understanding the scope and requirements of the PPACA, employers also may be …
