September 6, 2004
The American Agents Alliance recently conducted a survey of independent insurance producers concerning California’s Low Cost Auto program. The program, enacted by the state Legislature in 2000 and operational since 2003, aims to reduce the problem of uninsured drivers by …
August 23, 2004
The fire season started early this year. Wildfires erupted all over California and in Nevada in mid-July, forcing thousands to evacuate and destroying several homes and outbuildings. Affected areas in California included northwest Los Angeles County, Riverside County, Palm Springs, …
August 23, 2004
Looking to provide a valuable additional service to your clients? Next Day Auto is a Southern Calif.-based referral service that gives agents and brokers an opportunity to earn a little extra cash and gives insureds the chance to save money …
July 19, 2004
The Assembly Insurance Committee took action on several pending homeowners insurance bills in late June. According to the Association of California Insurance Companies (ACIC), consumers will benefit from the recent actions. The Insurance Committee approved SB 1855 and amended and …
July 19, 2004
In recent months, Montana lawmakers have been discussing the state’s workers’ comp system, primarily the existence and function of the Montana State Fund. There has been talk of privatizing the Fund, or selling it and coming up with alternate ways …
July 5, 2004
Despite reductions in workers’ comp insurance premiums, California lawmakers will continue to debate the merits of rate regulation. A rate regulation bill, ABX4 No. 16, after passage in the Assembly on a party-line vote, was supposed to be heard by …
June 21, 2004
The Colorado Division of Insurance (DOI), responding to a recent state Supreme Court ruling, is expected to issue an emergency regulation requiring insurance companies to change the way that they bill for uninsured and underinsured motorist (UM/UIM) insurance. About 90 …
June 7, 2004
The year was 1924. The first Macy’s Thanksgiving Day Parade was held in New York City. Gershwin’s “Rhapsody in Blue” premiered at Carnegie Hall. The first Winter Olympics opened in Chamonix, France. Ford Motor Company manufactured its 10 millionth automobile. …
June 7, 2004
Medical malpractice insurance rates are on the rise in Wyoming, and lawmakers anticipate being called into a special legislative session this summer to address the issue. The Doctors Co., which insures about 30 percent of Wyoming’s doctors, was granted an …
June 7, 2004
Approximately 300 independent agents, brokers and senior level insurance company executives attended the IBA West 18th annual Blue Ribbon Conference, held May 2-6, 2004 at the Mauna Lani Resort located on the Kohala coast of the big island of Hawaii. …