June 7, 2010
LaRocco lamented that only 48 percent of independent insurance agents have Web sites, and of those, only about 20 percent keep the sites updated. The insurance industry is not as quick to adapt to change as other industries,” but independent …
June 3, 2010
An uninsured motorist is not entitled to recover non-economic damages for negligence, a California Court of Appeal has ruled. According to documents in Teckla Chude v. Jack in the Box Inc., Teckla Chude went through a drive through at Jack …
May 18, 2010
Prices are improving in the California workers’ compensation insurance market — at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …
May 17, 2010
Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along Broadway. All around the …
May 17, 2010
California’s Department of Industrial Relations (DIR) appointed Bickmore Risk Services and Consulting as conservator for the Contractor’s Access Program of California (CAP), a self-insured group (SIG) that has insufficient deposits to cover estimated future liabilities. Bickmore will manage the group’s …
May 17, 2010
The Colorado Senate Judiciary Committee has defeated a bill that would have limited the use of surveillance of employees who have submitted a workers’ compensation claim. Among other things, HB 1012, would have restricted video surveillance to only when the …
May 17, 2010
To alleviate concerns about homeowner under-insurance, the California Department of Insurance has proposed regulations governing standards and training for estimating replacement value on homeowners’ insurance. CDI hosted a hearing to garner feedback on the regulations on May 17 in Los …
May 17, 2010
The insurance industry is not as quick to adapt to change as other industries,” but independent insurance agents need to acknowledge that having “a Web presence is non-negotiable,” said Michael LaRocco, president and CEO of Fireman’s Fund Insurance Companies. A …
May 12, 2010
The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle that has …
May 6, 2010
The Colorado Senate Judiciary Committee last night defeated a bill that would have limited the use of surveillance of employees who have submitted a workers’ compensation claim. Among other things, HB 1012, would have restricted video surveillance to only when …