Risk Management Strategies Based on Emulating Animals in the Jungle With such events as wildfires, the subprime mortgage fallout, and mergers and acquisitions, the corporate world can at times seem like a jungle. No one knows that better than author …
Legislation that would allow insurers to more accurately base auto insurance premiums on how many miles a motorist drives passed the California Senate Appropriations Committee. Proposition 103 requires insurers to set automotive insurance rates and premiums using specified factors, including …
California Insurance Commissioner Steve Poizner has proposed regulations that would make green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow motorists to more accurately pay for the coverage they need, by linking their premium …
The New Mexico Supreme Court has ruled that contractual prohibitions on class actions for small consumer claims violates public policy and is therefore unenforceable. According to Robert Fiser, individually and as a representative of a class of persons within the …
Assemblyman Joe Coto’s Assembly Bill 2956, which will clarify the duties of an agent versus those of a broker, has passed both the California Assembly and Senate. The bill will now be held at the Assembly desk until the state …
Legislation that would allow insurers to more accurately base auto insurance premiums exactly on how many miles a motorist drives passed the California Senate Appropriations Committee. Proposition 103 requires insurers to set automotive insurance rates and premiums using specified factors, …
A homeowner is not vicariously criminally liable for the misdemeanor acts of a tree trimmer, the California Supreme Court decided. According to Maria Dolores Ramirez V. Thomas Nelson, a worker for an unlicensed contractor hired by homeowners Thomas and Vivian …
During a soft market, when businesses often are struggling to survive, it hardly seems like the appropriate time to scrutinize staffing. Yet Paul Hering, managing principal and CEO for San Diego-based B&B Co. says opportunities are ripe to recruit top …
Managing Risks With an Aging Workforce The aging and retirement of the Baby Boomer generation is creating a demographic transformation that will affect the staffs of insurance organizations, as well as their customers. Consider the following statistics: According to the …
The Supreme Court of Montana ruled that even a bystander’s claim for bodily injuries can be covered in an insurance policy. According to court documents in Allstate Insurance Co. v. Terry Wagner-Ellsworth and Tiffany Rusk, in February 2000, Wagner-Ellsworth caused …
