September 17, 2018
A report that’s being touted as the “first important review of climate risk by an international financial standard setting body” may get the attention of the insurance community. If it does, mission accomplished. That’s what the report from the International …
September 13, 2018
A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future. The entreaty came on the eve of this week’s Global Climate Action Summit, …
September 10, 2018
An annual progress report from the California Department of Workers’ Compensation’s Independent Medical Review program shows it’s working as intended. IMR is a medical dispute resolution process that uses medical expertise to obtain consistent, evidence-based decisions and is a component …
September 10, 2018
Washington Insurance Commissioner Mike Kreidler issued fines in July totaling $115,050 against insurance companies, agents and brokers for reported violations of state insurance regulations. The alleged violators and their reported violations include: Agents and brokers T-Mobile USA Inc., Bellevue; fined …
September 10, 2018
The California Labor Commissioner’s Office has cited six Los Angeles area garment contractors $573,704 for labor law violations after uncovering a scheme where the contractors illegally operated under one license to avoid compliance. Four of the contractors did not have …
September 6, 2018
Cost savings in the California worker’s compensation system from reforms made five years ago are far more massive than projected, according to David Lanier, secretary of the California Labor and Workforce Development Agency. Lanier on Thursday said that $1.3 billion …
September 6, 2018
The Arizona Cardinals’ home field is changing its name to State Farm Stadium. The team announced this week that it has reached an 18-year naming rights deal with the insurance giant. The facility has been known as University of Phoenix …
September 6, 2018
Los Angeles has approved a pilot program for dockless electric scooters that could remove thousands of them from city streets. The City Council approved a one-year program limiting the number of e-scooters to 3,000 per company. David Estrada, a spokesman …
August 28, 2018
One-in-five consumers say they would use Amazon or Google for their home insurance, a J.D. Power survey released today shows. And most of those who took the survey (80 percent) already have insurance with a large national carrier. Both Google …
August 27, 2018
Insurers may be non-renewing more in wildfire-prone areas of California, sending an increasing number of people to the residual market or to surplus lines insurers. A report released on Monday shows that market shares of the FAIR Plan, the state’s …