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

E&O Insights: ‘Just Duplicate What I Have’

From a producer’s perspective, the words in the headline are dangerous when spoken by a customer or prospect. Simply duplicating what the insured currently has, whether the account is commercial or personal, can and has caused more than its fair …

Creating Key Performance Indicators

How is the best way to measure the business’ success? Often business owners have a good grasp of the financial indicators and sales of their business. Knowing sales is important — owners might know off the top of their head …

Top 10 Stolen Cars of 2013

Honda Accord and Civic top the list of the most stolen cars in the country. The National Insurance Crime Bureau (NICB)’s annual “Hot Wheels” report examines vehicle theft data submitted by law enforcement to the National Crime Information Center (NCIC) …

Hopeful Outlook for Workers’ Comp

As we pass the halfway point of 2014, the National Council on Compensation Insurance (NCCI) is relatively optimistic about the outlook for the workers’ compensation market in America. Industry costs remain largely contained. There is a reasonable expectation of some …

Boating, Rafting Operators at Tahoe Put Out by Drought

After first putting a damper on skiing and snowboarding in the winter, the drought now is taking a toll on boating and rafting around Lake Tahoe. Larry Boerner, owner of the paddlewheeler Tahoe Gal, said he can offer sightseeing cruises …

Oregon Family of DUI Victim Settles with Driver, Restaurants

A settlement agreement in a Lane County, Ore., drunk driving lawsuit appears to award slightly more than $180,000 to the victim’s heirs. The mother and two children of a Cottage Grove woman killed by a drunken driver in 2012 have …

Aspen Skiing Co. Initiates Fitness Tests to Reduce Workplace Injuries

Some Aspen Skiing Co. workers are hitting the weights and sharpening agility skills this summer to get ready for new annual fitness tests ahead of ski season. About 1,500 ski instructors, lift operators and ski patrollers will be required to …

Flood Insurance Premium Refunds in Process

The Federal Emergency Management Agency (FEMA) is being praised for moving quickly and ahead of schedule to get $100 million in flood insurance premium refunds into the hands of the one million policyholders who “overpaid” under the Biggert-Waters Act that …

Berlin Bans Car Service Uber; Insurance Concerns Cited

Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said. The ban takes immediate effect and …

Ex-Zurich Insurance CEO, Goldman Lead Director James Schiro Dies

The former head of Zurich Insurance and lead director of Goldman Sachs, James Schiro has died at the age of 68, the bank said. The American citizen, who also served on the boards of Pepsico and Reva Medical, had retired …