Californians for Fair Auto Insurance Rates is working on gaining support for a voter initiative aimed at the 2010 ballot that reward drivers who have had insurance for some time to be eligible for a “persistency discount,” even if they …
State Compensation Insurance Fund Says Proposal to Sell Its Assets Have Failed in Past We are very concerned that the proposed sale appears to be driven by the need for cash. The California Legislature has passed the 2009-10 budget, instituting …
Survey: Agents Report Recession Not as Disruptive as Initially Predicted Main Street businesses may still be trying to recuperate from the recession, but independent insurance agencies report that it has not been as disruptive as initially predicted, an exclusive survey …
Troubling allegations have surfaced over the National Highway Traffic Safety Administration’s handling of research and warnings about the safety of cell phone use by drivers. Main Street insurance agents and the industry in general, should be angry. Recently, The Center …
Don’t be fooled by the news headlines: Not all of the insurance industry is in retreat mode. In fact, in some pockets, agencies, brokers and carriers are continuing to pursue downright aggressive growth strategies. And many are even seeing positive …
Areas Where Agents Might See an Increase in Fraud Does a bad economy increase crime? According to Mike McKee, senior special agent for the National Insurance Crime Bureau, it’s too soon for statistics to confirm whether the mortgage meltdown and …
A Hawaii judge has blocked Gov. Linda Lingle from forcing thousands of public employees to take three unpaid days off per month, dealing her a setback in efforts to tame a huge state budget gap. Unions opposed to the furloughs …
California Insurance Commissioner Steve Poizner has issued proposed regulations for Pay-Drive (Usage Based Auto Insurance). According to the Commissioner, “Insurers frequently rely on consumers to provide their own estimates of the number of miles they drive annually. One problem with …
Insurance is no doubt used in times of crisis — to recover from such events as a house fire, when a driver is in an accident, or a business suffers a loss, for example. But recently, California Gov. Arnold Schwarzenegger …
Montana’s Department of Insurance is now handling the operations of the Surplus Lines Stamping Office, duties it assumed from the Montana Surplus Lines Agent’s Association. Under the change, the DOI will directly review and process surplus lines submissions, verify that …
