April 11, 2008
California State Compensation Insurance Fund has been facing many changes recently, but it has no intent to be the dominant player in the state workers’ compensation insurance market, according to Janet Frank, SCIF’s CEO. Looking back at the Fund’s 94-year …
April 8, 2008
The Colorado Legislature is considering a bill that would add bureaucratic red tape and costs to the state’s automobile insurance system, claims the Property Casualty Insurers Association of America (PCI), which is opposing the bill. House Bill 1389, the Fair …
April 7, 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 7, 2008
A California Court of Appeals has allowed policyholders in the Farmers Insurance Exchanges to question the alleged excessiveness of management fees charged to them by Farmers Group Inc., a wholly owned subsidiary of Zurich Financial Services. In Benjamin J. Fogel, …
April 7, 2008
Three insurance associations are urging Californians to contact their legislators to oppose a bill that they say would influence where consumers get their vehicles repaired following an accident. The bill, SB 1167 by Sen. Patricia Wiggins, D-Santa Rosa, was scheduled …
April 7, 2008
It starts with the housing market. Then it seeps into construction, typically residential followed by commercial. Then it travels to manufacturing, then retail, then hospitality. It differs by region. It might be worse in San Francisco or Las Vegas than …
April 7, 2008
Washington’s Department of Labor and Industries (L&I) has proposed a new workplace rule to protect workers from heat-related illness when working outdoors in hot weather. This proposal is significantly different from the temporary rules L&I used the past two summers …
April 7, 2008
Arizona’s Court of Appeals has ruled that an administrative law judge erred in finding that an off-duty police officer’s gunshot injury in the course of protecting a friend was not due workers’ compensation because the officer’s employment rules required him …
April 7, 2008
A bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent in California is scheduled come before the state Assembly Insurance Committee no later than April 16. Given the …
April 2, 2008
California’s Legislature will hear testimony today regarding operations of the state’s largest workers’ compensation insurer. Senate Bill 1145 will be heard by the Senate Banking, Finance and Insurance Committee, and Assembly Bill 1874 will be heard in the Assembly Insurance …