May 5, 2008
Just weeks after earthquakes rattled Nevada, the Midwest and the coast of Oregon, and on the heels of the 102nd anniversary of San Francisco’s 1906 earthquake, the public, government officials and insurance industry professionals are wondering whether towns across could …
May 5, 2008
Exclusive Insurance Journal survey: successful relationships depend on markets and service in soft or hard cycle Like the love-lorn users of match.com, independent agents hunting for business partners among surplus lines wholesalers and managing general agents are thinking long-term, not …
May 5, 2008
A new report is predicting that a repeat of San Francisco’s 1906 earthquake would damage more than 90,000 buildings and cost $150 billion to repair. According to the report, “When the Big One Strikes Again,” prepared for the 100th Anniversary …
April 28, 2008
The Colorado House is considering a bill that is designed to protect consumers by strengthen penalities when insurance carriers act unreasonably. However, the Property Casualty Insurers Association of America (PCI) is urging the Colorado Legislature to reject the bill, saying …
April 21, 2008
The need for agricultural insurance is growing like a weed. “This is the greatest time we’ve had in our business,” said Christopher Leliaert, vice president at Towers-Perrin Reinsurance, in his assessment of the state of the agricultural insurance market. Speaking …
April 21, 2008
The Colorado Legislature is considering a bill that the Property Casualty Insurers Association of America claims would add bureaucratic red tape and costs to the state’s automobile insurance system. House Bill 1389, the Fair Accountable Insurance Rates Act, would create …
April 21, 2008
Founders reflect on changes in insurance industry education The schedules of working full-time and being a mom don’t always concur, but Patty Gibson Carlson and Laurie Zangwill-Infantino have proven otherwise with their brainchild — Insurance Skills Center — which celebrates …
April 21, 2008
In the face of growing economic turmoil, the Bush administration is calling for an overhaul of the system regulating the nation’s financial services industries — including insurance. The reform proposal announced by Treasury Secretary Henry M. Paulson calls for insurance …
April 21, 2008
California’s Legislature is considering changes to operations of the state’s largest workers’ compensation insurer. Senate Bill 1145 was recently heard by the Senate Banking, Finance and Insurance Committee, and was scheduled for a hearing by the Senate Judiciary Committee on …
April 18, 2008
After more than five hours of testimony and deliberation on Colorado House Bill 1389, the House Business Affairs and Labor Committee has amended a controversial bill that insurance associations said would have imposed a prior approval regulatory system on insurance. …