Monthly Archives: <span>July 2017</span>

Carrier Poll Shows Many Agents Expect Minor Tech Disruption by 2020

A new poll conducted by a Seattle, Wash.-based carrier that asked independent insurance agents what’s ahead in 2020 showed that roughly half of agents expect technology disruption to have a minor impact on their agency over the next few years. …

Lobbyists at California Conference Call D.C. Vs. Sacramento Tension ‘Palpable’

The tension between Washington, D.C., and Sacramento seems to have created extra work for some lobbyists. “It’s absolutely palpable,” Paul Yoder, managing director for the California Coalition on Workers’ Compensation, said commenting on the tension. He was speaking with Jason …

Marijuana Sales Exceed Expectations of Las Vegas Store Owners

Recreational marijuana sales have exceeded the expectations of Las Vegas area store owners. Eager pot customers again in July lined up before dispensaries opened their doors. Nevada this month became the fifth state with shops selling pot to the public, …

California Department of Workers’ Comp Says 441K-Plus Lien Declarations Filed

The California Division of Workers’ Compensation is reporting that 441,070 supplemental lien declaration forms were filed. This amount represents half of the 882,648 liens filed in California’s workers’ comp system between Jan. 1, 2013, and Dec. 31, 2016, for which …

Study: California Insureds Would Pay $1.9B More if Congress Passes Border Adjustment Tax

Californians would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a study issued in mid-July by the R Street Institute and the Pacific Research Institute. According …

California Workers’ Comp Medical Review Runs Through 13K Disputes Every Month

A progress report from the California Department of Industrial Relations on the department’s independent medical review program shows that 13,000 decisions run through the medical dispute resolution process each month. The report provides an evaluation of the program during the …

California Workers’ Comp Bureau Rolls Out 2018 Experience Mod Estimator

The Workers’ Compensation Insurance Rating Bureau has launched the 2018 Experience Modification Estimator for insurers, agents and brokers to help policyholders understand how their payroll and claim experience will be used in the computation of their 2018 experience modification. Users …

California Commissioner Wants Investigation Following Airline Near Miss

California Insurance Commissioner Dave Jones, who was a passenger on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport in mid-July, has sent a letter to the airline and three aviation and transportation …

London Underwriters, Trigon to Offer Low-Value Homeowners Program in Alabama

London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama. The product will target homeowners (HO3, HO6 and …

People – Southeast

National wholesale insurance brokerage and managing general agent Worldwide Facilities has announced that Shavarra Davis will be joining its Atlanta office as a broker specializing in the healthcare industry. Davis brings more than a decade of experience in the healthcare …